SalaryPlus - A payroll solution that's employer and employee friendly
The SalaryPlus Account
ATM • Credit Card • Personal Loan
Employer Benefits
Employee Benefits
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Simple and hassle-free account opening. SalaryPlus saves the Company's Employees the trouble of personally visiting the bank to open the individual accounts.
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Secure salary transfers. HSBC will credit Employees’ salary into their SalaryPlus Accounts based on instructions that the Company provides. No need to handle physical cash! HSBC will just debit the Company’s HSBC account directly.
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Convenient credit of Employees’ accounts for miscellaneous items. Aside from salary transfers, the Company will be able to credit its Employees’ accounts for reimbursements, allowances and bonuses when needed.
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Dedicated Relationship Manager. A dedicated Relationship Manager will personally assist the Company and the Employees with their queries. The Relationship Manager will also make regular company visits and conduct briefings for its Employees.
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Reliable banking institution. SalaryPlus is backed by HSBC, one of the world’s largest financial institutions. HSBC has been servicing clients in the Philippines for over 130 years.
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Cost-effective solution. The Company can enjoy the benefits of HSBC’s SalaryPlus at very competitive fees and a minimal balance requirement.
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Accessto ATMslocally and abroad. Employees may withdraw cash from any local HSBC or HSBC Savings Bank ATMs for free. Employees may also access their SalaryPlus Accounts via over 7,000 ATMs nationwide, and more than 800,000 HSBC and PLUS ATMs overseas.
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Emergency Credit Limit. SalaryPlus comes with a standby Credit Limit, which may be used for emergency purchases. Employees can buy groceries, medicine and food conveniently even when short of cash.
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Special discounts. Using the SalaryPlus Card, Employees will be entitled to discounts and special offers available to HSBC Credit Cardholders.
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Bonus Points and Rewards. Purchases made through the SalaryPlus Card will earn bonus points that Employees may exchange for reward items under HSBC’s Credit Card Rewards Program.
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Fast and affordable Personal Loans. Should Employees require it, they may apply for a multi-purpose Personal Loan at preferential rates* and get it in as fast as 3 to 5 working days from submission of all requirements.
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Savings and investment products. SalaryPlus gives Employees access to HSBC’s suite of savings and investment products.
* Subject to credit approval and Terms & Conditions.
More Information
HSBC has made every effort to make this product useful and relevant for you and your employees. For more information, please e-mail or call the following:
