FINANCE‘Banking’ on the future of your children is as simple as opening an account with HSBC!BY ALICIA RESNIK
Family is important to HSBC. Our Premier bank account was designed to help yours live life to the fullest! Did you know that when you qualify for Premier status you can extend your privileges to your spouse and children (up to the age of 28)? With a Premier account, HSBC gives your entire family personalized support, expert financial advice, exclusive benefits and a dedicated Relationship Manager.

Family benefits include:
A premium bank account with priority services, global support, and no monthly fees.
Financial planning for your family’s future. Whether it’s planning for retirement, education costs or growing your wealth, you can get expert advice to reach your goals. When it comes to protecting your assets, as a Premier customer you’ll also receive preferential rates on your insurance.  HSBC Premier cards and digital payment empower your child to spend responsibly while enjoying Premier privileges and offers.

Premier credit cards. Access to premium credit card options that give you additional reward points when you spend, and access to exclusive privileges and offers. Premier also offers Bermuda’s only credit cards without an annual fee.  Enjoy thousands of ‘Home & Away’ offers, with some that are exclusive to HSBC Premier account holders, each time you or your family use their debit or credit cards.

Premier MySavings Youth Account. A savings account starting at age 7 with extended eligibility to 25 (for Premier customers only) with preferential monthly and bonus quarterly interest rates.  
Access to a series of interactive financial literacy educational videos to help children aged 3 to young adults, learn how to manage their money. The age-appropriate topics range from working to earn money, to help us buy the things we need, to managing bills and budgets.

Family Springboard Mortgage.
Your child can purchase their first home with little or no down payment, with the support of additional security (cash or property) in lieu of a down payment. Not only will your child enjoy the preferential rate of a Premier Mortgage, but your security can also be released after 5 years.  
Be confident that your finances are in good hands with reduced fees and preferential rates for loans, mortgages and other HSBC products and services.

Benefits for students studying abroad may include:
Global Premier status for your children wherever they are studying and/or travelling.
Overseas Educational Support. Your child receives free pre-arrival international HSBC Premier account setup. This ensures a smooth transition before and after their arrival in their destination country.  Your children’s Premier status is extended to the age of 28. They are supported through university and as they establish their careers.
         
Global Network Connectivity.
Global view management of all their accounts with a single log-on, and an instantaneous fee-free funds transfer between you and your child’s local and international HSBC bank accounts via Global Transfers.

         
24/7 Premier Support.
Around the clock access to the Premier Contact Centre no matter where in the world your children are studying.  
Premier rates for educational loans and foreign exchange when funds are needed in other currencies.

To apply for an HSBC Premier Account, you need to meet certain financial and other eligibility criteria. Further information visit: www.hsbc.bm/premier or call: 441-299-5252.

Contact HSBC today and start living the Premier life!

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