Top of main content

Flexi Account

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 0.02% interest

    New rates effective 1 December 2020: Earn 0.01% interest a year on account balances up to AED 50,000 and 0.02% 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.

Plus, get an optional cashback credit card

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

  • automatic credit of up to 10% cashback every month
  • buy 1 Get 1 Free' tickets at VOX Cinemas
  • complimentary HSBC ENTERTAINER app with thousands of ‘Buy 1 Get 1 Free’ offers
  • 12 complimentary visits per year to 1000+ airport lounges worldwide

Things you should know

For all fees and charges, please refer to our latest Schedule of Services and Tariffs.

Interest rates

Interest rate applied on daily closing balance.

Full balance of Flexi Account1 Interest rates applicable(p.a) till 30 November 20201 Interest rates applicable(p.a) from 1 December 20201
Less than AED 50,000 0.02% 0.01%
Starting from AED 50,000 and less than AED 100,000
0.05% 0.02%

Interest rates

Interest rate applied on daily closing balance.

Full balance of Flexi Account1 Less than AED 50,000
Interest rates applicable(p.a) till 30 November 20201 0.02%
Interest rates applicable(p.a) from 1 December 20201 0.01%
Full balance of Flexi Account1 Starting from AED 50,000 and less than AED 100,000
Interest rates applicable(p.a) till 30 November 20201 0.05%
Interest rates applicable(p.a) from 1 December 20201 0.02%

Apply online

New to HSBC UAE

Instantly confirm your eligibility online and get an approval in principle.

Existing HSBC UAE Customers

Log on to online banking for the quickest and easiest way to apply.

Notes

1Interest rate for Flexi is per annum and is calculated daily and paid on a monthly basis. Interest rates are subject to change.

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 and Tariffs (PDF, 1.6MB) 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.

Related products

 

With great deals all around, it's the best time to buy your car.

 

Discover a safety net for life's unexpected expenses.

 

Get up to 10% cashback on what you spend.

Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.