If you’re a saver committed to building your savings stash, then the HSBC Flexi Saver could be the savings account for you. This savings account features a maximum rate of 0.25% and no upfront or ongoing fees, so you can keep every dollar in your HSBC Flexi Saver.
With the HSBC Flexi Saver, reaching you savings goal could be made a breeze. In order to qualify for the maximum rate of 0.25%, savers will need to grow their savings account by at least $300 every month. The maximum rate will then apply to the following month’s balance. However if you forget to deposit the money into your HSBC Flexi Saver, you’ll then only earn 0.05% for the month.
Moving money around is also as easy as pie, with unlimited, free transactions either over the phone, the internet or by heading down to your local branch.
The HSBC Flexi Saver is a savings account is a great choice for Aussie savers who can make regular contributions of more than $300 every month.
Just remember that if you fail to meet the maximum rate conditions, you will only receive the base rate of 0.05% for the month.
| Balances from $0: 0.05% p.a. | |
| Balances from $0: 0.25% p.a. | |
| Increase balance by at least $300 in the month (excluding interest) |
| $0.00 | |
| n/a | |
| unlimited free transactions from phone, internet, branch | |
| n/a | |
| n/a | |
| n/a | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $0.00 | |
| $0.00 | |
| n/a |
| $0.00 | |
| $0.00 | |
| Monthly |
| no | |
| none | |
| no | |
| no | |
| no | |
| yes | |
| no | |
| yes | |
| yes | |
| yes | |
| no | |
| none | |
| none | |
| none |
We chose this bank because the interest was higher than our previous bank.
Read full reviewWe chose this bank because the interest was higher than our previous bank.
They have the highest saving rate among physical banks.
Read full reviewThey have the highest saving rate among physical banks.
International online transfers are not handled well and they don't deliver the service that is expected from them.
Read full reviewInternational online transfers are not handled well and they don't deliver the service that is expected from them.
Good rates but not so convenient as far as branch network goes
Read full reviewGood rates but not so convenient as far as branch network goes
HSBC has been the best bank that I have used till now, great service face to face and over the phone, very professional and great customer service and always going that extra bit to assist
Read full reviewHSBC has been the best bank that I have used till now, great service face to face and over the phone, very professional and great customer service and always going that extra bit to assist
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0.25% p.a. (for $0 and over)
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