HSBC EGA Savings Promo July 2025: Get up to 3.55% p.a. From July to August 2025
HSBC has launched its monthly EGA promo for July 2025 — get bonus interest of up to 2.50% p.a. on fresh funds deposited into HSBC EGA for the months of July and August 2025. This is on top of the account’s base 0.05% p.a. interest and it can be stacked with HSBC Everyday+ Rewards Programme’s 1% p.a. bonus interest making 3.55% p.a. possible.
HSBC Everyday Global Account
Monthly promos offering decent interest. Maintain S$50,000 of average daily balance and you can earn 8 miles per dollar with HSBC Revolution
New Accountholders
- S$1,600 Cash via PayNow; or
- Apple MacBook Air M4 15-inch 256GB (worth S$1,799); or
- 105,000 Max Miles(worth S$1,890)
Promotion is valid for new HSBC account customers only.
Successfully open an HSBC Premier account, deposit S$300,000 and maintain the balance for 6 months to be eligible for reward.
Promotion valid until 31st August 2026
For reference only; refer to exact details in terms and conditions
Promo Details
To qualify, you need to register by sending the following text message to 74722 from 1st to 31st July 2025:
EGA<space>First 9-digit of their Everyday Global Account number (e.g. EGA 123456789)
If your account is still participating in another deposit related promotion, your account will not be eligible for this promo. Your account must also be opened on or before 31st March 2025
Interest Tiers
| Customer Segment | Incremental ADB | Prevailing Interest Rate | Bonus Interest Rate | Total Interest Rate on Incremental ADB |
|---|---|---|---|---|
| Customers with wealth holdings | >S$0 | 0.05% p.a. | 2.50% p.a. | 2.55% p.a. |
| Customers without wealth holdings | >S$0 | 0.05% p.a. | 2.10% p.a. | 2.15% p.a. |
Bonus interest will be credited by 31st October 2025.
Wealth holdings
Like last month’s promo, HSBC is giving higher interest for “customers with wealth holdings” and they are now more specific on the types of products that qualify for this. According to their terms, eligible wealth products means Unit Trusts, Equities, Bonds, Structured Products, Regular Premium insurance policies and Single Premium insurance policies, with the exclusion of Foreign Exchange (FX) and Dual Currency Plus.
Customers must hold at least one of these products by 30th September 2025 and there is no minimum specified. This seems like a relatively easy requirement to fulfil since you can just hold a small amount of shares with HSBC, or invest in a unit trust (with a minimum of S$1,000).
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.
You can get 3.15% or 3.55% p.a. for one month
Together with HSBC Everyday+ programme, you can get as much as 3.15% p.a. (customers without wealth holdings) or 3.55% p.a. (customers with wealth holdings) — but only for one month. This is because the bonus interest of Everyday+ programme is applicable only to fresh funds compared to the previous month.
The promo rate of 2.15% (or 2.55%) p.a. rate will still apply to fresh funds on both July and August 2025 compared to June 2025’s balance.
| June 2025 | July 2025 | August 2025 | |
|---|---|---|---|
| Hypothetical Average Balance | S$0 | S$100,000 | S$100,000 |
| Base Interest | N/A | ✅ 0.05% p.a. on S$100,000 | ✅ 0.05% p.a. on S$100,000 |
| Promo Interest | N/A | ✅ 2.10% / 2.50% p.a. on S$100,000 | ✅ 2.10% / 2.50% p.a. on S$100,000 |
| Everyday+ Interest | N/A | ✅ 1% p.a. on S$100,000 | ❌ No fresh funds compared to July 2025 |
| Effective Rate | N/A | 3.15% p.a. / 3.55% p.a. | 2.15% / 2.55% 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.
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For those getting a sense of deja vu while reading this article — yes, the rates are mechanics are exactly the same as last month. In a month where nerfs are coming at us fast and furious, perhaps no change is a good change in pace. Of course, HSBC Everyday+ Rewards Programme will be dropping its 1% cashback rate soon, but at least the interest rate from this promo is maintained from last month.
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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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Should be dated 30th September 2025 🙂
Thank you! Fixed