HSBC EGA Savings Promo May 2026: Get up to 2.65% p.a. From May to August 2026 For SGD Funds
Happy May Day, HSBC has released details on HSBC EGA’s May 2026 promo! For May to August 2026, it is possible to get up to 1.60% p.a. bonus interest for incremental fresh funds compared to the month of April 2026.
With the prevailing base interest rate of 0.05% p.a. and bonus 1% p.a. interest from HSBC Everyday+ Rewards Programme, it is possible to get 2.65% p.a. effective interest. This is a continued trend of slight dips in rates over the past few promos.
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
Only accounts opened on or before 31st January 2026 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 May 2026: EGA<space>First 9-digit of their Everyday Global Account number (e.g. EGA 123456789) | Register via the HSBC Singapore app |
Interest Tiers
Incremental fresh funds refers to the increase in average daily balance (ADB) against the reference month of April 2026.
| Customer Segment | Incremental ADB | Prevailing Interest Rate | Bonus Interest Rate | Total |
|---|---|---|---|---|
| Customers with wealth holdings | >S$0 | 0.05% p.a. | 1.60% p.a. | 1.65% p.a. |
| Customers without wealth holdings | >S$0 | 0.05% p.a. | 1.40% p.a. | 1.45% p.a. |
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 30th September 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 October 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.
Interest Calculator
Use the interest calculator to get a quick breakdown of the interest you can expect with the promo:
Refer to terms and conditions for exact details
This article is based on my understanding of the terms and conditions found here. Refer to it for exact details.
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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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