In this guide

  • Our verdict
  • Details
    • Key details
    • Eligibility
  • Key features
  • Account benefits
  • How to apply
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.
🏆 Finder award

HSBC Everyday Global Account

  • Avatar
HSBC Everyday Global Account

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Compare other options
Account keeping fee
$0
ATM withdrawal fee
$0
Overseas ATM withdrawal fee
$0

Our verdict

You can earn 2% cashback on tap and pay purchases and hold 10 different currencies with this everyday transaction account.

Gold Finder Awards Badge
Finder Awards winner

Arguably the biggest benefit of this account compared to other transaction accounts is that you can earn 2% cashback on tap and pay purchases under $100. This is capped at $50 per month, which allows you to earn up to $600 over the year just in cashback. To be eligible for the cashback benefit you need to deposit $2000 a month, which could be easy to do if you get your salary deposited into the account.

Most other bank accounts with cashback incentives only have a one-time cashback offer when you first open the account, not an ongoing cashback offer like this account. This is why this account was named the Best Transaction Account in the 2020 and 2021 Finder Awards.

As well as the cashback perk, you can hold up to 10 different currencies in the account at once which allows you to pay like a local when you’re overseas. There are no international transaction fees which can also save you a lot of money when traveling, as these can be as high as 3.5% of the transaction value with other accounts.

Even if you don’t travel much, you can still save money from paying no international transaction fees when shopping online from international retailers.

Pros

  • Earn 2% cashback on tap and pay purchases
  • Hold up to 10 currencies in the one account
  • No international transaction fees
  • No international ATM fees
  • Apple Pay and Google Pay available

Cons

  • You can only pre-load up to 10 currencies
  • Fees apply to deposit foreign currency notes into the account

In this guide

  • Our verdict
  • Details
    • Key details
    • Eligibility
  • Key features
  • Account benefits
  • How to apply
  • Your reviews
  • Ask a question

Details

Key details

Product Name HSBC Everyday Global Account
Monthly account fee $0
Card access Visa
Own network ATM fee $0
International transaction fee 0%
Monthly deposit required to waive account fee N/A
Contactless Payments Apple Pay, Google Pay

Eligibility

Minimum Age 16
Joint account availability Yes
Minimum opening deposit N/A
Residency status Have an Australian Residential Address

Key features

  • Hold 10 currencies at once
  • Earn 2% cashback on tap and pay purchases (up to $50 per month)
  • No international transaction fees
  • No account keeping fees
  • No international ATM fees charged by HSBC

  • Apple Pay, Google Pay available
  • Finder Award winner Best Transaction Account 2020 and 2021
  • Linked Visa Debit Card
  • Mobile banking app available

Account benefits

An everyday transaction account and travel debit card in one

This account is designed to be used as an everyday transaction account to use at home in Australia as well as a great option for travelling. Use the account at home to pay bills and make daily purchases in-store or online, just like you would with a regular bank account, or take it overseas to avoid international transaction fees.

Use the account anywhere worldwide

This account comes with a free linked Visa Debit card which you can use in-store or online wherever Visa is accepted around the world.


How to apply

If you think this is the account for you, you can easily apply online in less than 10 minutes. Check that you meet the eligibility requirements first, and make sure you have the necessary documents handy.

Eligibility

  • Minimum age. The minimum age requirement for this account is 16 years of age.
  • Residency requirement. In order to be eligible for this account, you must have an Australian residential address.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Alison Finder

Editor

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Avatar

MD

January 23, 2024

Hi. If I make a purchase online overseas but from Australia, eg pay for accomodation in Italy for a holiday in a few weeks, is there a foreign currency conversion fee ?


Avatar

Sarah Megginson Finder

March 25, 2024

That’s right, there will be no international transaction fee charged. The money will be converted from your AUD balance at the current Visa exchange rate on that day.


Avatar

kk

December 14, 2023

If I deposit $2000 do I get the cashback immediately? And can I withdraw it again?


Avatar

Sarah Megginson Finder

January 05, 2024

Hi KK, According to the terms and conditions, these are paid when the transaction is processed and is no longer a pending transaction. There may be instances where cashback can take up to 30 business days to be processed and paid (such as when HSBC needs to manually process cashbacks).


Avatar

Mark

October 20, 2023

Hi Alison, If I open a HSBC account here in Australia, does this also allow me to open a HSBC UK account in the uk?

Thanks


Avatar

Richard Whitten Finder

October 23, 2023

Hi Mark,


HSBC allows customers to open accounts in multiple countries. But it looks like you’d need to live in the other country, be moving there soon or have a valid reason to open an account. Simply having an account in another country isn’t enough. But I suggest enquiring directly with HSBC about this.


Show more Show less
Avatar

Helen

October 01, 2023

Do I need to use a HSBC branded ATM when overseas to avoid their international ATM fee? The t’s & c’s seem to imply there would be a fee in Argentina, France, Greece, Malta, Mexico and Turkey if I don’t use a HSBC ATM, but everywhere else I can use any ATM – is that correct? Appreciate I may have to pay the overseas ATM provider a fee, but not keen to pay my bank here an ATM fee well. Thanks!


Show more Show less
Avatar

Shubham Pandey Finder

October 23, 2023

Hi Helen,


Yes, that is correct. The said account allows you to holdthe following currencies only: AUD, USD, GBP, EUR, HKD, CAD, JPY, NZD, SGD, and CNY.


You can still use your account to make transactions in other currencies — Even when you’re using a currency that’s not supported there will be no international transaction fee charged. The money will be converted from your AUD balance at the current Visa exchange rate.


I hope this helps.


Show more Show less
Avatar

Europe

September 28, 2023

Do I definitely need to preloaded this card with the currency I need for overseas travel, or can I open the account with Aussie $$ and the currency exchange occurs at point of sale overseas?

If I can do this, is there then currency exchange fee applicable?


Avatar

Alison Banney Finder

September 29, 2023

Hi, you don’t need to preload the card. You can still make purchases with your AUD and a currency exchange will take place at the current Visa rate. There’s no international transaction fee.


Go to site