What’s great?

Wondering whether the HSBC Everyday Global Account Debit Card is right for you? Let’s get into its features and fees, so you can make the right decision to suit your spending habits.

$100 Bonus for New HSBC Customers

As a new customer to HSBC, you can benefit from a $100 bonus when you open an HSBC Everyday Global account, and then deposit at least $2,000 each month for three consecutive months within since months of opening the account. If that’s something you’d do anyway – say, by arranging to have your paycheck directed to the account – the $100 could indeed be a nice little bonus.

Save on Fees

In terms of everyday use, you could save big on fees with the HSBC Everyday Global account. You will pay no monthly fees, no matter how much or how little you use the account. Plus, you will pay no transaction fees when using the card in a foreign currency, and HSBC will charge no fees for ATM use (although other charges may apply).

Unlock Everyday Extras

Every month you deposit at least $2,000 into the account, you will unlock HSBC’s Everyday Extras. These include:

• 2% cashback on contactless payments (providing up to $50 cashback each month from eligible purchases when you tap and pay with Visa payWave, Google Pay or Apple Pay under $100).
• 0.4% p.a. bonus interest on the ongoing variable rate on your HSBC Serious Saver Account.

Save As You Spend Overseas

Given the fact that this is marketed as a ‘Global’ account, it should be no surprise that it is set up to benefit those who spend globally, either in person or online. Using the HSBC Everyday Global Account Debit Card, you can pay in the local currency, with no hidden fees to worry about. So, how does it work?

Using the account, you can buy, hold and spend in up to 10 currencies (including AUD). Simply switch between currencies when needed, using the mobile app. Currencies included are: AUD, USD, GBP, EUR, HKD, CAD, JPY, NZD, SGD, CNY (currency restrictions apply to CNY).

What’s worth considering?

While there is always small print to check out when applying for a new account, HSBC keeps things pretty straightforward. We’ve highlighted the main points already, however, it’s worth noting that non-HSBC ATM providers may charge an ATM Operator Fee for withdrawals or balance enquiries at their ATMs. And other fees and charges may apply.

Why should you choose it?

If you travel overseas a lot, or you pay for stuff online in other currencies on a regular basis, the HSBC Everyday Global account could be a real winner. Not only can you save on ATM fees and international transaction fees, you can also load, hold and spend in up to 10 currencies, while paying no monthly fees.

If you typically deposit at least $2,000 each month, you can also enjoy some nice extras, including a $100 intro bonus, and access to HSBC’s Everyday Extras.