Switch to HSBC and get up to AED 5,0001 cashback:

  • receive AED 2,0002 when you switch to a Premier Account
  • get an additional AED 3,0003 when you take any Home Loan, Personal Loan, Car Loan, Life Insurance or Investment product

Offer valid from 1 February to 30 April 2020 (both days inclusive). 

Offer and Product Terms and Conditions, HSBC Personal Banking General Terms and Conditions (UAE), Schedule of Services and Tariffs apply.

1To get AED 5,000 cashback, you must first switch to an HSBC Premier Account successfully and then take a relevant product listed in the Offer Terms and Conditions based on your need. This Offer is not applicable for Personal Banking and Flexi Account customers. 

2AED 2,000 cashback for HSBC Premier. You must apply for and open a new HSBC Premier Account during the Offer Period and fund the new account or transfer your salary in accordance with the Eligibility Criteria before 31 July 2020, as well as, continue to meet the criteria for at least 2 consecutive months after. 

3You must take up the relevant product (minimum amounts apply) as stated in the Offer Terms and Conditions within 3 months of account opening.

Why join Premier?

  • Dedicated Relationship Manager
  • A Current Account available in UAE Dirham, US Dollars, Euro and Pound Sterling
  • Fee-free money transfer to India, Pakistan, Egypt and Philippines4
  • Preferential rates on term deposits
  • International debit card accepted at over 25 million retail outlets worldwide and over 1 million ATMs4
  • Free instant international fund transfers through online and mobile Banking via Global View and Global Transfers between your global HSBC accounts
  • Autopay and standing instructions
  • No monthly fee
  • Fee free Overdraft up to 1 salary multiple or AED 50,000 (whichever is lower), the first AED 5000 being interest free6
  • Transfer your Personal Loan to HSBC and enjoy preferential rates
  • Enjoy live exchange rates that update every 60 seconds5
  • Free online banking, phone banking and SMS alerts - bank where and when it suits
  • Free cheque books - and if your cheque book is lost or stolen, use 'Stop Cheque'

4Get exclusive offers on shopping, dining, leisure, and entertainment at 19,000 outlets across 160 countries. Visit homeandaway.hsbc.com for more details. Link up to two additional bank accounts to your debit card.

5Live foreign exchange rates are now available for online and in branch money transfers. Rates are refreshed every 60 seconds at the branch, 90 seconds in Personal online banking and 120 seconds in global view and global transfers during international weekdays (Monday-Friday). On international weekends (Saturday and Sunday) or when the currency markets are closed live foreign exchange rates are not available, and the rates will remain unchanged until the next international working day.

6Upon request, subject to credit eligibility and satisfactory Credit Bureau check.

HSBC Premier Credit Card

  • 0% balance transfer for 12 months on new credit cards7
  • no annual fee
  • competitive interest rates
  • HSBC Entertainer Mobile App - Free download of our 'Buy 1 Get 1 Free' mobile app with over 8,000 offers across 15 countries
  • Air Miles rewards - Spend anytime, anywhere with your HSBC Premier Credit Card & earn 1 Air Mile for every AED 1 spent
  • Airport Lounges Access - unlimited complimentary access for you and your supplementary cardholders to a select number of airport lounges worldwide through LoungeKey™
  • valet parking - up to four free valet parking visits per month at selected Valtrans locations around Dubai and Abu Dhabi

7Applicable when customer applies within 60 days from the issue date of the HSBC credit card. 

More Premier account benefits

How we help you manage your personal economy

Your personal economy embraces every aspect of your finances and lifestyle. HSBC Premier provides distinct benefits to support you on your journey to achieving your lifelong ambitions.

We provide experts, who are rewarded only when you are happy with their service. We are always there, whenever and wherever you need us, and we give you access to some of the most prestigious products and services we have to offer.

Get our dedicated personal and global support

Your Relationship Manager tailors our service and advice to your individual needs. A global network of over 10,000 experts supports your Relationship Manager, ensuring your strategies are on track to help you achieve your objectives.

Eligibility criteria

Eligibility criteria does not apply to HSBC Premier international customers. 

  • maintaining a minimum monthly average balance of AED 350,000 in deposits and/or investments or, 
  • monthly net income transfer of AED 50,000 or above or,
  • mortgage drawdown of AED 3,000,000 or above for the first 24 months after which point (a) or (b) applies11

Current accounts are also available in currencies other than those mentioned above. If you have a total relationship balance of USD 1,000,000 or more, please contact your Premier relationship manager to get more details on the exclusive benefits that you can enjoy. 

11AED 350,000 has to be maintained in deposits and/or investments within 24 months or if the mortgage is fully paid off before 24 months to avoid charges and discontinued service. You must successfully meet the Premier by mortgage eligibility criteria in order to take advantage of discounted fees and charges available to Premier customers. If you default on your home loan agreement, this may result in charges or discontinued service

Apply online

Apply by phone

Call us on:

800 444 7774 (within UAE)

+971 4 325 4573 (outside UAE)

Required documents

Sole account

  • original passport (for all customers)
  • valid residence visa (for non-GCC national customers only)
  • original Emirates identification card (for all customers)
  • proof of UAE residence in the form of either a utility bill/rental agreement/employment letter
  • original labour card/work ID (for female applicants on father's/husband's sponsorship)
  • original trade licence (for all self-employed customers)
  • original income transfer letter from the employer (for income transfer customers)

Joint account

Both you and your joint applicant(s) need to complete the current account opening process by personally visiting any of our branch or customer service centres, with the following documents:

  • original passport (for all customers)
  • valid residence visa (for non-GCC national customers only)
  • original Emirates identification card (for all customers)
  • proof of UAE residence in the form of either a utility bill/rental agreement/employment letter
  • original labour card/work ID (for female applicants on father's/husband's sponsorship)
  • original trade licence (for all self-employed customers)
  • original income transfer letter from the employer (for income transfer customers)


We may request further information or documentation from you, in order to comply with the Foreign Account Tax Compliance Act (FATCA).

Related products

 

Enjoy preferential rates and personalised rewards.

 
Click to visit Cashback Credit Card page

Earn up to 10% cashback on everyday spends and enjoy travel, dining and entertainment offers.