HSBC Premier Children's Savings Account

 General Lending Rates

 Product Features

• Card Access

• Unlimited Txns Additional Information: HSBC Premier Children’s Savings Account is a savings account designed especially for children of HSBC Premier customers who can also utilise the HSBC Premier benefits.

• Digital Wallet

• Digital Banking

• Unlimited Txns Additional Information: Applicable to family members of HSBC Premier customers who are aged up to 30.

• Digital Wallet

• Npp Enabled

 Product Eligibility

• Max Age - 30. Additional Information: Available for children of Premier customers aged up to 30 years. . Once the child reaches the age of 31 years, we may convert the account to a Day to Day Account or other account at our discretion, which may be closed without cost by the account holder within 30 days.

• Min Age - 12. Additional Information: Available for children of Premier customers aged up to 30 years. . Once the child reaches the age of 31 years, we may convert the account to a Day to Day Account or other account at our discretion, which may be closed without cost by the account holder within 30 days

• Other Additional Information: An HSBC Premier Visa Debit card can only be issued to customers aged 12 years and above, with parent/guardian approval required for customers under 16.

• Other Additional Information: HSBC Premier Visa Debit card holder can deposit and withdrawal at HSBC ATM (in Australia). . You may only use ATMs outside Australia with your Visa Debit card where the ATM displays the Visa or Visa PLUS logo for withdrawal only.

 Bank Fees and Charges

• International Transfer From A Bank To Your Hsbc Account (Deposit), Amount: 10.00. Additional Information: This fee applies to receiving payment into the account in AUD, a foreign currency or a currency different to your account

• Transfer From A Local Bank To Your Hsbc Account In A Foreign Currency (Deposit), Amount: 10.00.

• Real Time Gross Settlement Transfer (rtgs) From A Local Bank To Your Hsbc Account In Aud (Deposit), Amount: 10.00.

• Foreign Currency Cheques/drafts Issued By A Bank And Paid Into Your Hsbc Account (Deposit), Amount: 10.00. Additional Information: This fee applies to receiving payment into the account in AUD, the same foreign currency or a different foreign currency

• International Transfer Made Via Hsbc Branch (Payment), Amount: 20.00. Additional Information: You can choose to pay a Correspondent Bank Cover Fee of AUD30, and we will cover the intermediary/correspondent bank charges.If you do not wish to pay the Correspondent Bank Cover Fee, you can have the intermediary/correspondent bank fees charged to the recipient. This means the amount the payee receives will be less than the amount you send as any intermediary/correspondent bank fees will be automatically deducted.

• International Transfer Made Via Online Banking (Payment), Amount: 0.00. Additional Information: You can choose to pay a Correspondent Bank Cover Fee of AUD30, and we will cover the intermediary/correspondent bank charges.If you do not wish to pay the Correspondent Bank Cover Fee, you can have the intermediary/correspondent bank fees charged to the recipient. This means the amount the payee receives will be less than the amount you send as any intermediary/correspondent bank fees will be automatically deducted.

• International Transfer Made Via Mobile Banking (Payment), Amount: 0.00. Additional Information: Correspondent/intermediary bank charges may not apply for some International Transfers. This is dependent on the receiving country or region, and the currency of payment. If correspondent/intermediary bank charges do not apply, no Correspondent Bank Cover Fee will be charged

• Local Transfer In Aud Via Real Time Gross Settlement (rtgs) Made Via Hsbc Branch (Payment), Amount: 20.00.

• Local Transfer In Aud Via Real Time Gross Settlement (rtgs) Made Online Banking (Payment), Amount: 0.00.

• Local Transfer In Aud Via Real Time Gross Settlement (rtgs) Made Mobile Banking (Payment), Amount: 0.00.

• Local Transfer In Aud From Aud Account Made Via Hsbc Branch (Payment), Amount: 20.00.

• Local Transfer In Aud From Aud Account Made Via Online Banking (Payment), Amount: 0.00.

• Local Transfer In Aud From Aud Account Made Via Mobile Banking (Payment), Amount: 0.00.

• Local Transfer In Foreign Currency From Aud Or Foreign Currency Account Made Via Hsbc Branch (Payment), Amount: 20.00.

• Local Transfer In Foreign Currency From Aud Or Foreign Currency Account Made Via Online Banking (Payment), Amount: 0.00.

• Local Transfer In Foreign Currency From Aud Or Foreign Currency Account Made Via Mobile Banking (Payment), Amount: 0.00.

• Correspondent Bank Cover Fee (Payment), Amount: 30.00. Additional Information: This fee may apply to cover all intermediary correspondent bank changes for international and local transfers. The intermediary/correspondent and receiving bank may also impose additional charges. When sending money via mobile banking, this fee will be shown in the mobile banking app payment journey the instances where applicable.

• Foreign Currency Notes (buy/sell) (Transaction), Amount: 10.00. Additional Information: This fee applies if we buy or sell you foreign currency notes

• Foreign Currency Notes Deposits Or Withdrawals (Transaction), Amount: 10.00. Additional Information: This fee applies if we take deposits or withdrawals of foreign currency notes

• Bank Cheque (Transaction), Amount: 8.00.

• Replacement Bank Cheque (Event), Amount: 18.00. Additional Information: This fee applies to cancelling or reissuing a cheque

• Repurchase Bank Cheque (Event), Amount: 10.00. Additional Information: This fee applies to cancelling a cheque only

• Stop Payment Request (Event), Amount: 8.00.

• Periodical Payment Dishonour Fee (Event), Amount: 5.00.

• Direct Debit Dishonour Fee (inward And Outward) (Event), Amount: 5.00. Additional Information: This fee is charged when the money is returned to us for any reason

• Deposit Through National Australia Bank Branch (Deposit), Amount: 0.00.

• Cheque Cashing Through National Australia Bank Branch (Transaction), Amount: Not Listed..

• Company Search Fee (Event), Amount: 30.00. Additional Information: $30.00 plus costs

• Audit Or Balance Certificate For Individual Or Company (Event), Amount: 25.00.

• Account Balance Paid By Bank Cheque (Transaction), Amount: 8.00. Additional Information: Fee applies to closed accounts

• Account Balance Paid By International Transfer (Transaction), Amount: 20.00. Additional Information: Fee applies to closed accounts

• Emergency Encashment (Event), Amount: 0.00.

• International Bank Account Opening (Event), Amount: 200.00. Additional Information: Fee applies to applying for your account outside of Australia

• Overseas Atm Withdrawal Fee (Withdrawal), Amount: 0.00. Additional Information: Unlimited electronic transactions including access to ATMs with no service charge from HSBC in Australia and across the HSBC Group ATMs except in Argentina, France, Greece, Mexico, Malta and Turkey. Non-HSBC branded ATMs may also charge an ATM operator fee

• Overseas Transaction Fee (Transaction), Amount: Not Listed.. Additional Information: Overseas Transaction fee payable when you make a transaction or withdrawal on your account in a currency other than AUD, or you make a transaction or withdrawal on your account in any currency, including AUD that is processed/billed by either the merchant or its financial institution/payment processor outside of Australia. Your transaction will be converted into your account currency. We have no control over when a merchant will process a transaction or whether they will do so in local or foreign currency. You should check this with the merchant.

• Global Transfer In Aud From Your Account With Us To An Hsbc Group Member (Payment), Amount: 8.00. Additional Information: Global Transfers are only available through our online banking service to customers of participating HSBC Group member jurisdictions.

 Document Downloads

  personal-banking-booklet.pdf (421 K)