Grow your money with our Savings Account
A basic savings account which pays interest and comes with a complimentary HSBC Visa Debit Card.
It’s easy to open an account online.
Key Benefits and Privileges
Exclusive deals and privileges with HSBC Visa Debit Card
Enjoy special discounts or offers at more than 2,000 food and shopping outlets nationwide.
Banking at your convenience
Easy access to complimentary monthly e-statement, fund transfer and bill payment via HSBC Online and Mobile Banking.
Easy to open
Online account opening in 3 simple steps. It’s a paperless application - simple and convenient.
Basic Savings Account Interest Rates
| Balance Range (RM) |
Interest Rate (% p.a.) - Normal Rate |
Interest Rate (% p.a.) - Effective Rate |
|---|---|---|
| All amounts |
0.25 |
0.25 |
| Balance Range (RM) |
All amounts |
|---|---|
| Interest Rate (% p.a.) - Normal Rate |
0.25 |
| Interest Rate (% p.a.) - Effective Rate |
0.25 |
- Effective Rate to be determined by the Bank from time to time and credited to the account every June and December
- If the account is closed, the interest accruing to the account will be calculated up to the last completed day before its closure
- You may find out more in our interest rate comparison
Eligibility
Be rewarded when you open an HSBC Basic Savings Account online today
Enjoy a RM30 cash reward when you open an account between 27th April 2022 till 30th June 2022.
Just follow these simple steps:
Important notes:
1HSBC Digital Account Opening Rewards Campaign Terms and Conditions apply.
Apply for HSBC Basic Savings Account
New to HSBC
Enjoy faster application with instant decision by tapping “Instant Apply”.
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Existing HSBC customer
Leave us your contact details and we will be in touch with you.
Things you should know
- Initial deposit: RM20
- A minimum of RM20 is required to be maintained in the account at all times
- No service charge or maintenance fee
- 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.
Frequently asked questions
Apply online for an HSBC Credit Card today and receive one of the following welcome offers:
- RM500 eVoucher of your choice
- RM500 Cashback
- 0% Cash Instalment Plan
- 0% Balance Transfer Instalment
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T&Cs apply.