Family Financial Planning

When it comes to putting plans in place for the future of your children, it’s never too early to start. And whether it’s a deposit for a house, the means to buy their first car or a fund to get them through college at home or abroad, Financial Planning from HSBC Premier can help you get there.

After assessing your personal circumstances, life goals and attitude to investment risk, your Relationship Manager will work with you to develop a financial plan that's tailored to meet your aspirations and financial objectives. And they’re never more than a phone call away should you need any further advice or information.

Premier Child Account

One of the most important life-skills you can teach your children is to learn the value of money. With our Children’s Online Savings Account, you can give your children the freedom to manage their own money – with your guidance.

Premier Child Account is a Deposit with Option Account that can be owned by your children between the ages of 0 and 25. Your children take the first step of making savings with this account whereas they are granted with advantageous rate. For this deposit account, the daily-accumulated interest is deposited into the account at the maturity date. In the event that no funds are withdrawn during the maturity period, the entire amount earns the rate of interest paid on time deposit accounts. You can deposit money into Premier Child Account of your children up to 25 regardless of amount and time whereas your children over 12 can contribute to savings that you make for them by having the ability of individually depositing money into their Premier Child Accounts.

With Premier Child Account, your children under 12 will own Premier Recognition Card and children over 12 will own Premier ATM Card which will grant the opportunity of being recognized as Premier customers at worldwide HSBC branches.

Moreover, your children over 18 can monitor and manage their accounts 24/7 via HSBC Retail Internet Banking.

Global Safety Net

Whether your children are going abroad to study or even just for the experience of travelling, it’s good to know that they’re not on their own.

With HSBC Premier your family also benefits from some of the features you enjoy. So if your children over 16 are planning to go to abroad for studying purposes and if you want to ensure they’re never left wanting for money, they can have a Premier Supplementary Credit Card with limits that you set for them.

Not only that, we won’t let them down in an emergency either. They can take advantage of up to $2,000 emergency cash (with your permission), use your Premier Travel Insurance if they are under 18 so that they’re covered wherever they are, access the worldwide helpline (1-908-PREMIER) and benefit from next day credit card replacement.