HSBC – Premier Account
Minimum Salary
AED 0
Currencies
AED, GBP, USD, EUR
Feature
Dedicated Relationship Manager, Free Cheque Book, Multiple Currencies

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Get Up to AED 1,750 Cashback with HSBC

Earn up to AED 1,750 cashback by opening an HSBC Premier Account. Receive AED 1,500 cashback when you open a new HSBC Premier Account, and get an additional AED 250 cashback when you open a Premier Family Account for your spouse or child. Terms and conditions apply. This offer ends on June 30, 2023.

HSBC Premier: Elevate Your Lifestyle

HSBC Premier is designed to help you and your family enjoy a fulfilling life, whether you’re buying a new home, planning for the future, caring for loved ones, or reaping the rewards of your hard work.

Eligibility Requirements

To qualify for a Premier account, you must meet one of the following criteria:

  • Transfer a minimum monthly salary of AED 40,000 to an HSBC account, or
  • Maintain a Total Relationship Balance of AED 350,000 in deposits and/or investments.

Benefits

  • Global Premier Status: Automatic Premier status in 29 countries.
  • International Account Support: Assistance with opening accounts overseas before relocating or working abroad.
  • Global Money Account: View and manage all your international accounts in one place, with instant, fee-free transfers between them.
  • Competitive Foreign Currency Accounts: Maintain accounts with competitive rates in foreign currencies.
  • Wide Range of Transfers: Transfer funds to 200 countries and regions in over 25 currencies, including INR, PKR, EGP, and PHP, with no fees.
  • Global Support Network: Access a worldwide support network with next-day card replacements for lost or stolen cards and emergency cash advances of up to USD 10,000 per day (subject to available funds).

Offers

  • Priority Service: Enjoy priority servicing, support, and a Premier Debit Card tailored to your schedule.
  • Dedicated Relationship Manager: Access a Premier Relationship Manager to help you make informed financial decisions.
  • Preferential Rates: Benefit from preferential rates on loans, mortgages, savings, term deposits, and global money transfers.
  • Exclusive Rewards: Enjoy a range of exclusive rewards, offers, and privileges with the Premier Visa Signature Debit Card and the Premier World MasterCard Credit Card.
Calculator Terminology

Principal Amount: The initial amount of money borrowed.

Annual Interest Rate (%): The yearly interest rate applied to the loan or credit product, also known as APR in this context.

Loan Term (Years): The original duration of the loan or credit agreement, stated in years.

Effective Monthly Payment: The total monthly payment that accounts for all fees and associated costs related to the product.

Calculated Annual Percentage Rate (APR): The APR is computed using the annual interest rate along with fees and other expenses. It serves as a standardized measure for comparing the overall cost of different products with varying interest rates and fee structures across different financial institutions.

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