Flexible banking

Get all the benefits of banking with HSBC without having to pay your salary into your account or maintain a minimum account balance.

Why you'll want a Flexi Account

  • No need to transfer your salary
    Enjoy all the benefits of banking with HSBC without having to credit your salary to the account.
  • No minimum balance required
    Enjoy great benefits and services, no matter how much you have in your account.
  • Up to 0.5% interest
    Earn 0.25% interest a year on account balances up to AED 50,000 and 0.5% interest a year on account balances between AED 50,000 and AED 100,000.1
  • Free international transfers
    Make free money transfers in Indian rupees, Pakistani rupees, Egyptian pounds and Philippine pesos.2
  • Convenience as standard
    Open your account instantly3 online and manage your money 24/7 through mobile banking, online banking or phone banking.
  • Apply for a fee-free HSBC Cashback Credit Card4
    Match your Flexi Account with the credit card that gives you up to 10% cashback on what you spend.

About the HSBC Cashback Credit Card

When you open a Flexi Account, you'll also have the opportunity to apply for the HSBC Cashback Credit Card.

  • No fee for the first year4
  • Up to 10% cashback with no minimum spending restrictions
  • No limit on the total cashback5 you can earn
  • Cashback automatically credited to your card every month

Things you should know

For all fees and charges, please refer to:

Apply now

1New interest rates effective 1 July 2019. We are changing the current interest rate calculation logic, which is based on the minimum balances during the month, to a daily interest calculation logic based on end of day balances.  This will ensure maximum return on your deposits in the Flexi account.  This change will be completed by September 2019.

2If you select charge type 'all charges to be paid from my account' when making transfers of Indian rupee to India, Pakistani rupee to Pakistan, Egyptian pound to Egypt and Philippine peso to the Philippines, the correspondent bank will not deduct any of its charges from the remittance amount and there will be no money transfer fee by HSBC UAE. Schedule of Services & Tariffs (PDF, 237KB) will apply and may be amended from time to time.

3Subject to meeting eligibility criteria. An HSBC representative will call you within 60 minutes of approval in principle to schedule a face-to-face meeting at your convenience in order to verify your identity. Once we've confirmed your identity, we'll activate your account and you'll receive everything you need within 24 hours.

4Make a transaction for as little as 1 AED on your new HSBC Cashback Credit Card and you'll get your first year's annual fee of AED 299 credited back. The annual fee will apply from the second year onwards.

5Maximum cashback is capped at AED 100 for spending on fuel and AED 200 for spending at supermarkets for every statement cycle.

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