Online Savings Account

With an HSBC Online Savings Account, not only are you always getting one of the most competitive interest rates around, you’ll also benefit from free unlimited ATM and EFTPOS transactions^#.

The Hongkong and Shanghai Banking Corporation Limited, incorporated in The Hong Kong SAR with limited liability, acting through its New Zealand branch, has a guarantee under the New Zealand deposit guarantee scheme. Further information about the deposit guarantee scheme is available free of charge and at all reasonable times on the internet site maintained by, or on behalf of, the Treasury.

^#Network Charges May Apply.

• Build wealth plus use for everyday banking
• Competitive interest rate for balances over $15,000
• Free Internet transfers and bill payment transactions within New Zealand²
• Free HSBC and Westpac ATM transactions within New Zealand³
• Free EFTPOS transactions within New Zealand
• $15 monthly account maintenance fee for Non-Premier customers
• Instant access 24 hours, 7 days a week
• Access funds via Internet Banking, ATM card, EFTPOS and Phone Banking

• You can watch your money grow and benefit from easy and instant access to your funds as and when you need them.
• Combines fee-free electronic banking options with the higher interest rate of a cash management account

Consider having your salary paid directly into your Online Savings Account. The account can be then be used as the foundation of your wealth building and everyday banking.

Because your funds are at call, and pay competitive interest for balances over $15,000, there is no need to shift money between accounts, or provide notice to withdraw or transfer. This means you can comfortably "park" surplus cash in this account between investment decisions and still receive a good rate of return on your savings.

The Online Savings Account has an excellent range of features designed to help you grow your net wealth - and enjoy easy, competitive day-to-day banking.

There is a minimum of NZ$10,000 required to open an Online Savings Account, but this does not need to be maintained after account opening. Charges apply for non-Premier customers.

This account is available to customers applying from within New Zealand. If applying outside New Zealand, please contact an HSBC Branch in your local territory.