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4 girls and 1 guy are looking at the monitor together in an office room; image used for HSBC Malaysia comparison account saving page.

Compare Savings Accounts

Compare and find the best bank accounts that HSBC has to offer. Whether you're saving for interest earning, emergency or retirement, here are some deposit accounts to meet all your needs.
 

Enjoy up to 2.25% p.a. interest on Ringgit Malaysia balances1 from 30 March - 31 December 20202.

 

A no-frills savings account of which interest is calculated daily and paid monthly.

 

Enjoy higher returns than an ordinary savings account with flexible tenure from 1 to 60 months.

Account features

Discover which type of savings account is best suited for you
Account type

Everyday Global Account

Apply now

Basic Savings Account

Apply now

Time Deposit Account

Apply now

Features
Perfect for your well diverse lifestyles. An all in one bank account that allows you to buy, save, transfer and spend in 11 currencies including RM.
Best suited to savers wanting a simple interest earning while maintaining easy access to cash.
Best suited to savers wanting a fixed interest rate for a fixed term.
Discover which type of savings account is best suited for you
Account type
Features

Everyday Global Account

Apply now

Perfect for your well diverse lifestyles. An all in one bank account that allows you to buy, save, transfer and spend in 11 currencies including RM.

Basic Savings Account

Apply now

Best suited to savers wanting a simple interest earning while maintaining easy access to cash.

Time Deposit Account

Apply now

Best suited to savers wanting a fixed interest rate for a fixed term.

Account Rates

Compare interest rates by products
Account type

Everyday Global Account

Apply now

Basic Savings Account

Apply now

Time Deposit Account

Apply now

Rates
Up to 2.25% p.a. interest on Ringgit Malaysia balances1
0.25% p.a. for all amount
1.45% - 2.70% p.a.
Fixed tenure
No
No
Yes, ranging 1 - 60 months
More details
View interest rates
View interest rates
View interest rates
Compare interest rates by products
Account type
Rates

Everyday Global Account

Apply now

Up to 2.25% p.a. interest on Ringgit Malaysia balances1

Basic Savings Account

Apply now

0.25% p.a. for all amount

Time Deposit Account

Apply now

1.45% - 2.70% p.a.
Account type
Fixed tenure

Everyday Global Account

Apply now

No

Basic Savings Account

Apply now

No

Time Deposit Account

Apply now

Yes, ranging 1 - 60 months
Account type
More details

Everyday Global Account

Apply now

View interest rates

Basic Savings Account

Apply now

View interest rates

Time Deposit Account

Apply now

View interest rates

Account Benefits

Enjoy the additional benefits of growing your savings with HSBC
Account type

Everyday Global Account

Apply now

Basic Savings Account

Apply now

Time Deposit Account

Apply now

Minimum initial deposit
RM 0
RM 20
RM 1,000
Monthly account fee
No
No
-
Debit card issuance fee
No
No
-
Foreign currencies available
Yes, 10 foreign currencies available in 1 account
No
Yes, but can only apply via HSBC branch
Enjoy the additional benefits of growing your savings with HSBC
Account type
Minimum initial deposit

Everyday Global Account

Apply now

RM 0

Basic Savings Account

Apply now

RM 20

Time Deposit Account

Apply now

RM 1,000
Account type
Monthly account fee

Everyday Global Account

Apply now

No

Basic Savings Account

Apply now

No

Time Deposit Account

Apply now

-
Account type
Debit card issuance fee

Everyday Global Account

Apply now

No

Basic Savings Account

Apply now

No

Time Deposit Account

Apply now

-
Account type
Foreign currencies available

Everyday Global Account

Apply now

Yes, 10 foreign currencies available in 1 account

Basic Savings Account

Apply now

No

Time Deposit Account

Apply now

Yes, but can only apply via HSBC branch

How to apply

Find out ways of applying savings products with HSBC
Account type

Everyday Global Account

Apply now

Basic Savings Account

Apply now

Time Deposit Account

Apply now

New to HSBC
Instant apply online in 3 steps.
Instant apply online in 3 steps.
Prerequisite of opening time deposit account is to have at least one HSBC savings or current account. Therefore, you are advised to open HSBC savings or current account via online account opening first.
Existing customers with banking and credit card relationships
Book an appointment
Book an appointment
Log on to online banking to make placement instantly
Find out ways of applying savings products with HSBC
Account type
New to HSBC

Everyday Global Account

Apply now

Instant apply online in 3 steps.

Basic Savings Account

Apply now

Instant apply online in 3 steps.

Time Deposit Account

Apply now

Prerequisite of opening time deposit account is to have at least one HSBC savings or current account. Therefore, you are advised to open HSBC savings or current account via online account opening first.
Account type
Existing customers with banking and credit card relationships

Everyday Global Account

Apply now

Book an appointment

Basic Savings Account

Apply now

Book an appointment

Time Deposit Account

Apply now

Log on to online banking to make placement instantly

Important Information

  • Member of Perbadanan Insurans Deposit Malaysia

Protected by Perbadanan Insurans Deposit Malaysia up to RM250,000 for each depositor*

*Click here for more details on PIDM protection.

 

1Protected by Perbadanan Insurans Deposit Malaysia up to RM250,000 for each depositor. The supported Foreign Currency Accounts will be opened automatically by the following working day.

2After the Promotion Period, the interest rate for the HSBC Everyday Global Account will revert to the prevailing board rate applicable at that time. Interest will be calculated on a daily basis and credited into the HSBC Everyday Global Account on a monthly basis. Amended Terms and Conditions for Save with HSBC Everyday Global Account Promotion apply. Promotion Period: 30 March 2020 until 31 December 2020.