2 August 2019

HSBC rewards customers with Everyday Extras


  • HSBC customers can earn up to AUD600 a year with Everyday Extras⁵
  • Deposit AUD2,000 or more into an Everyday Global Account each month to earn 2% cashback on eligible tap and pay purchases under AUD100⁵
  • Receive an additional 0.40% p.a. bonus interest on the ongoing variable rate of the HSBC Serious Saver Account⁷



HSBC is building on the momentum of its award-winning Everyday Global Account – Australia’s first fee-free¹ multi-currency transaction account – with the launch of a new rewards program, Everyday Extras.

Since its launch in March 2018, HSBC estimates that Everyday Global Account customers have saved around AUD2.3m⁹ in overseas ATM or transaction fees by using the account’s Visa debit card to spend in up to 10 different currencies.

“We want to encourage more people to use HSBC as their primary bank, so we are building on our award-winning account with a new ongoing rewards program called Everyday Extras,” said Jessica Power, Head of Retail Banking and Wealth Management, HSBC Australia.

With Everyday Extras, HSBC customers who deposit AUD2,000 or more into their Everyday Global Accounts each month will receive:

  • 2% cashback when they tap and pay using Visa payWave, Apple Pay or Google Pay on eligible purchases under AUD100, up to a maximum AUD50 cashback each month.
  • An additional 0.40% bonus interest on the ongoing variable rate of their HSBC Serious Saver Accounts.

New customers to the bank will also receive a AUD100 bonus when they deposit AUD2,000 or more a month for three consecutive months⁶.

“Australians love rewards, but most rewards programs rely on offering the chance to earn points, which can be complicated or time-consuming to redeem. We wanted to offer customers a more immediate benefit,” Jessica said.

“Our Everyday Global Account is the future of daily transaction accounts, and we are now rewarding our customers for banking with us with a program that puts cash back into their pockets instantly.”

 

HSBC Bank Australia

In Australia, the HSBC Group offers an extensive range of financial services through a network of 45 branches and offices. These services include retail and commercial banking, trade finance, treasury and financial markets, payments and cash management and securities custody. Principal HSBC Group members operating in Australia include HSBC Bank Australia Limited (ABN 48 006 434 162 AFSL/Australian Credit Licence 232595) and The Hongkong and Shanghai Banking Corporation Limited (ABN 65 117 925 970 and AFSL 301737).

HSBC Everyday Global Account

Enjoy outstanding value with the all-in-one HSBC Everyday Global Account, that’s ideal for:

  • Everday banking – pay bills and deposit your salary.
  • Unlock Everyday Extras, when you desposit AUD2,000 or more each month. Earning 2% cashback each month on eligible purchases when you tap and pay with Visa payWave, Google Pay or Apple Pay under AUD100.
  • Save and spend in up to 10 currencies with no hidden fees. Currencies supported include: AUD, SGD, GBP, USD, CAD, JPY, CNY, HKD, NZD, EUR
  • The Everyday Global Account has fee free ATM withdrawals around the world excluding Argentina and Mexico (some ATMs will charge their own usage fee but HSBC and Visa will not charge customers to make withdrawals)
  • The HSBC Everyday Global Account was awarded the Canstar Innovation Excellence Award in April 2018, and the 5-Star Rating for Outstanding Value – Travel Money Card in June 2018/2019 and Outstanding Value – Travel Debit Card in September 2018.

To learn more about the HSBC Everyday Global Account click here.


Important information

1 HSBC Group ATMs (in Argentina and Mexico) and other ATM owners/operators may charge an ATM Operator Fee for withdrawals or balance enquiries at their ATMs.
2 Where a currency is not one of the listed currencies available on the Everyday Global Account or in the restricted currency CNY¥, the funds will be deducted from the AUD$ account and ATM withdrawals will be automatically converted into the local currency at the Visa exchange rate.
3 Real time foreign exchange (FX) transactions are available 24/7 between linked HSBC Australia accounts for selected currencies using Online and Mobile Banking. Make the most of real time FX rates when the FX market is open (excluding currency holidays, NSW and US public holidays). When the market is closed set FX rates will apply to real time FX transactions, and the exchange rate will not fluctuate. If making a payment to a third party outside of HSBC Australia during currency holidays, NSW and US public holidays, the HSBC Daily Exchange Rate will apply. The HSBC Daily Exchange Rate will apply for all future-dated transactions on the future date of those transaction. The foreign exchange market is subject to risks associated with exchange rate movements. HSBC foreign currency accounts should not be used for speculative purposes. Real time FX transactions are not available to Trusts, SMSFs and non-trading accounts between 12.00am Saturday and 8.00am Monday.
4 HSBC Everyday Extras is a feature of the HSBC Everyday Global Account. To continue to be eligible to receive Everyday Extras you will need to deposit AUD2,000 or more into your HSBC Everyday Global Account before the last day of each calendar month. Refer to the Supplementary Product Disclosure Statement for full T&Cs.
5 2% of the purchase price is paid into your Everyday Global Account (capped at AUD50 per month) when you tap and pay using Visa payWave, Apple Pay or Google Pay for eligible purchases under AUD100. Eligible purchases must be made in Australian Dollars and where the merchant or its financial institution/ payment processor is registered in Australia. Excluded are purchases made for business, commercial or government purposes (including bus, train and ferry), cash withdrawals, foreign and non-fiat currency transfers (such as Bitcoin), travellers' cheques, money orders or money transfers, car parking and vending machine transactions, point of sale cash withdrawals, debt repayments, refunds, payment reversals, gambling and transactions between HSBC accounts. HSBC may deduct payment of the Cashback offer where you reverse or cancel a transaction.
6 The AUD100 bonus paid in AUD to new HSBC customers who open an HSBC Everyday Global Account before 31/03/20 and deposit AUD2,000 or more per month for three consecutive months within 6 months of opening the account.
7 0.4% bonus interest is payable above the annual ongoing variable rate on HSBC Serious Saver balance up to AUD1,000,000. Generally, withdrawals made between the 28th of the month and 27th of the subsequent month (inclusive) will result in no interest being applied for that month. For example, withdrawals on 28th of December, may lead to no interest being applied for the month of January. The ongoing variable rate applies after the introductory rate and is paid when you make no withdrawals during the month.
8 This advertisement provides general advice only and doesn't take into account your objectives, financial situation or needs. Consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) (PDF, 487 KB) before acquiring this product, available by calling 1300 308 008, at your local branch or www.hsbc.com.au.
9 Overseas ATM savings of AUD4.46 per withdrawal and 2.7% of the total overseas transaction amount (including ATM withdrawals and online transactions in another currency) are based on comparison site RateCity.com.au research published October 2018 and Finder.com.au/Travel Money Debit Cards, February 2019.

Media enquiries:

Ashleigh Baines
T: +61 2 9255 2385
M: +61 466 939 408
Email: ashleigh.baines@hsbc.com.au

David Matthews
T: +61 2 9006 5682
M: +61 424 859 836
Email: david1.matthews@hsbc.com.au