HSBC Everyday Global Account

Earn extra cash with the 2% cashback benefit

When you deposit $2,000 a month you'll be eligible to earn 2% cashback on tap and pay purchases under $100. You can earn up to $50 cashback each month. The eligible purchases are those made in Australia in AUD with Visa payWave, Apple Pay or Google Pay.

Pay like a local overseas

You can hold up to 10 different currencies in the account, including AUD, USD, EUR, SGD, NZD, JPY GBP, CAD, HKD and CNY (currency restrictions apply). You can load up on the currencies when the exchange rate is good, and then use the currencies when travelling without the need for currency conversion.

Save money on international transaction fees

You won't have to pay international transaction fees when using your debit card overseas. Plus, you can use the card when you're at home to shop online from overseas stores while still avoiding this fee.

Did you know?

On a standard transaction account, you could expect to pay an international transaction fee of 3.50%. This means on a $200 transaction you could be charged a $7 international transaction fee (this can quickly add up when you're travelling!)

No international ATM fees charged by HSBC

HSBC won't charge you a fee when using ATMs overseas. However, note that other ATM fees charged by the local operator may still apply.

Withdraw cash overseas, even when you don't hold that currency in your account

If you're travelling in a country that doesn't use one of the 10 supported currencies, don't worry, you can still access cash in the local currency. Use your debit card at international ATMs to withdraw the local currency, and it'll be withdrawn from your AUD balance and converted at the current Visa exchange rate.

Access Visa currency exchange rates

When you use an ATM or make a transaction overseas, funds will automatically be debited in that country's currency, providing you hold that country's currency in your account. There's no extra step where funds are converted from Australian dollars into the local currency, so you don't lose out if the exchange rate is less than favourable at the time of your transaction.

Where you don't have sufficient funds in that currency or don't hold that currency, the funds will be automatically converted from Australian dollars into the local currency at the current Visa exchange rate.

Online transfers between currencies

You can transfer money between currencies online via Internet Banking or the mobile app. Real time currency exchange rates will apply for certain currencies when the foreign currency (FX) market is open (excludes weekends, currency and US holidays). On weekends after currency cut-off times, a set exchange rate will apply that includes an additional weekend spread.

Deposit foreign notes into the account

If you find you've got some local currency left in your wallet you can deposit foreign currency notes into the account at a HSBC branch, which could be handy if you come home from overseas.

Correct currency is automatically applied to transactions

You don't have to worry about remembering to switch between currencies when you're using the account overseas. The correct international currency will be applied automatically when withdrawing cash or making deposits. This is also the case for online transactions.

Finder Awards winner

This bank account has won the Finder Award for Best Travel Debit Card for 2023 and 2022 and Best Transaction Account in 2020 and 2021, due to its unique features, minimal fees and valuable cashback offer.

Make contactless purchases without your debit card with Apple Pay or Google Pay available

You can use Apple Pay or Google Pay to make contactless purchases in-store without using your physical debit card.

Visa payWave is also available.

• Depository requirements. There is no minimum requirement for your initial deposit and you will not have to maintain a monthly balance in order for the account to remain active.

Documentation needed

• Tax file number. You are under no obligation to provide your tax file number (TFN), but if you don't, withholding tax will be deducted at the highest marginal rate.
• Identification. HSBC will verify your identity online by using information found on your driver's licence or passport.

What happens after I submit my application?

After submitting your application, the information provided will be verified by HSBC, and you'll be given the details of the account. You'll be sent your Visa Debit card in the mail to your residential address.