AutoSaver

Enroll in AutoSaver now and start saving for the things you simply must have. With an automatic transfer feature, the AutoSaver account will save you from all the hassles of saving. And with a higher interest rate than your existing Savings or Checking* account with HSBC, the AutoSaver account helps you reach your savings goal faster.

Automatic transfer

Simply select the amount you want to save every month and we will automatically transfer** this amount from your savings or checking account to your AutoSaver account. So before you are tempted to spend all your hard-earned money, you have already set aside a portion of your earnings as a safeguard for your future.

Higher interest

With the AutoSaver Account you will always enjoy a higher interest rate than your regular savings or Current Account with HSBC. That’s more savings for you!

Save while you spend

You won’t even feel the pinch of saving or be burdened with setting aside money every time as you can choose to transfer as low as PHP1,000 or USD50 per month***. And with the comfort of knowing that you’ve already got your savings set aside, you can now spend as you usually do.

For emergencies

Unlike a time deposit account, the AutoSaver still allows you to withdraw your money on those days you need it badly.

* You must have a savings or checking account with HSBC to apply for an AutoSaver account.
**You may choose a monthly or fortnightly transfer (1 or 2 automatic transfers per month), minimum of 12 months.
*** Minimum transfer amount per month is PHP1,000 for Peso AutoSaver and USD50 for USD AutoSaver. Maximum savings amount is PHP2,500,000 for Peso AutoSaver and USD50,000 for USD AutoSaver. A minimum maintaining balance is not required for AutoSaver as long as client meets the required Total Relationship Balance of account classification (Classic, HSBC Advance or HSBC Premier).