HSBC EGA Savings Promo January 2026: Get up to 2.90% p.a. From January to March 2026 For SGD Funds
The first HSBC EGA fresh funds promo this year covers the months of January, February, and March 2026. It offers up to 1.95% p.a. of bonus interest, though this depends on the amount of incremental funds you add to the account and whether you have wealth holdings with HSBC.
With HSBC Everyday+ Rewards Programme’s 1% p.a. bonus interest, it is possible to get a max of 2.90% p.a. for the month of January 2026 and 2.65% p.a. for March 2026.
Promo Details
Only accounts opened on or before 30th September 2025 can qualify. Those who are currently enrolled in previous promos are also not qualified to participate.
| Option 1: SMS | Option 2: App |
|---|---|
| Send the following text message to 74722 from 1st to 31st January 2026: EGA<space>First 9-digit of their Everyday Global Account number (e.g. EGA 123456789) | Register via the HSBC Singapore app |
Interest Tiers
For customers placing less than S$1,000,000, here are the interest rates for each month:
| Customer Segment | Incremental ADB | Prevailing Interest Rate | January 2026 Bonus Interest Rate | February 2026 Bonus Interest Rate | March 2026 Bonus Interest Rate |
|---|---|---|---|---|---|
| Customers with wealth holdings | <S$1,000,000 | 0.05% p.a. | 1.85% p.a. | 1.75% p.a. | 1.60% p.a. |
| Customers without wealth holdings | <S$1,000,000 | 0.05% p.a. | 1.60% p.a. | 1.50% p.a. | 1.35% p.a. |
Those placing at least S$1,000,000 will get slightly higher rates:
| Customer Segment | Incremental ADB | Prevailing Interest Rate | January 2026 Bonus Interest Rate | February 2026 Bonus Interest Rate | March 2026 Bonus Interest Rate |
|---|---|---|---|---|---|
| Customers with wealth holdings | ≥S$1,000,000 | 0.05% p.a. | 1.95% p.a. | 1.85% p.a. | 1.70% p.a. |
| Customers without wealth holdings | ≥S$1,000,000 | 0.05% p.a. | 1.85% p.a. | 1.75% p.a. | 1.60% p.a. |
You should be mindful that the bonus 1% p.a. interest from HSBC Everyday+ Rewards Programme maxes out at around S$353,000 to S$391,000 or so. See the section below for more details.
Customers are deemed to have wealth holdings if they hold Unit Trusts, Equities, Bonds, Structured Products, Regular Premium insurance policies and Single Premium insurance policies with HSBC by 31st April 2026. Foreign Exchange (FX) and Dual Currency Plus are not eligible. No minimum amount is specified.
HSBC states that bonus interest will be credited by 31st May 2026.
1% p.a. bonus interest for meeting HSBC Everyday+ Rewards programme
An additional 1% p.a. interest is awarded on fresh funds (compared to the preceding month) for meeting the HSBC Everyday+ Rewards programme.
Take note that this bonus interest will end from 1st July 2026 onwards.
Get 2.90% p.a. in January 2026 and 2.65% p.a. in March 2026
You can optimise this promo by emptying your account in February 2026 so that your funds will be considered fresh funds again in March 2026 for the sake of HSBC Rewards+ Programme’s 1% p.a. bonus interest.
HSBC does mention that funds originating from HSBC accounts in the last 30 days are not fresh funds, so if you withdrew your funds on 1st February 2026, you might only want to re-deposit from 4th March 2026 onwards just to play safe.
| December 2025 | January 2026 | February 2026 | March 2026 | |
|---|---|---|---|---|
| Hypothetical Average Balance | S$0 | S$100,000 | S$0 | S$100,000 |
| Base Interest | N/A | ✅ 0.05% p.a. on S$100,000 | N/A | ✅ 0.05% p.a. on S$100,000 |
| Promo Interest | N/A | ✅ 1.85% p.a. on S$100,000 | N/A | ✅ 1.60% p.a. on S$100,000 |
| Everyday+ Interest | N/A | ✅ 1% p.a. on S$100,000 | N/A | ✅ 1% p.a. on S$100,000 |
| Effective Rate | N/A | 2.90% p.a. | N/A | 2.65% p.a. |
See terms and conditions for full details
Please note that this article is based on my understanding of the terms and conditions. Refer to the document for exact details and do save a copy for your future reference.
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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