Premier KidzSaver

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Big things start with little steps

In a child's eye, the world is a vast playground where imagination comes to life.

There are so many things in life your children want to explore at an early age. And this should include things that you consider important for them to learn now for a happy and healthy life. One way is to develop among them the value of good savings and proper spending habit.

So why not begin with teaching them money management?

Teach your children today the first step to a better financial future with HSBC Premier KidzSaver* - an exclusive banking service tailored for your children's banking needs. Through this, they can develop their wealth, their money management skills as well as good savings habit.

The benefits you and your children can get from our convenient financial management services are:

Premier branded ATM card with local and global access.

Fund transfers between your accounts under HSBC Premier and the Premier KidzSaver, which allow you   to manage your financial needs conveniently and allocate your funds flexibly.

With the exclusive Internet Banking Services, your child will be able to access information on their own   savings accounts online to cultivate an interest in managing personal finances under your guidance.

As a single point of contact looking after you and your family's financial needs, the same Relationship   Manager will be assigned to look after your portfolio under Premier as well as Premier KidzSaver.

A separate statement will be issued on this Premier KidzSaver account which you can share with your   children, so they can begin to understand the fundamentals of finances under your guidance.

Eligibility

An initial deposit of BND50 is required.

Applicants must be between birth and 14 years old.

For applicants aged between birth and 14 years old, to expedite their account opening and ATM facility, you will be required to bring along an identification card/birth certificate and sign an indemnity form.

Fees and charges

Indemnity Form for those aged between birth and 14 years old: BND1 stamp duty.

Annual Fee for ATM card: Waived.

Reactivitation of dormant account: BND10.

Accounts, which are closed within 6 months of being opened: BND50.

So take the opportunity today. Jumpstart your children’s involvement in basic personal finances and help them develop good saving and spending habits that will last a lifetime.

If you would like to find out more about HSBC Premier KidzSaver and/or HSBC Premier, call 2 252 256.

*Premier KidzSaver is only available to children of HSBC Premier customers. (14 years old and under)
Terms and Conditions apply.