How we calculated the value of these benefits
You could get up to €711,451 of value for the first year with the HSBC Advance service, by paying just €6 per month (€72 annually).
Internet Banking
Benefit €63,50 (You will gain this benefit if, within the year, you perform the following transactions via Internet Banking:
- Remittances to third parties in Euro in another bank within Greece or E.U.
5 remittances for amount €1-12.500 = Benefit €1,50 (you pay €0,50 for each remittance instead of €0,80)
2 remittances for amount €12.501-20.000 = Benefit €2 (€4 for each remittance instead of €5)
- Remittances to third parties in Foreign Currency in another bank overseas
2 remittances for amount €12.501-20.000 = Benefit €10 (you pay €20 for each remittance instead of €25)
- Global Transfers in Foreign Currency to your personal accounts at an HSBC Bank overseas
2 transfers for amount €12.501-20.000 = Benefit €40 (you pay €5 for each remittance instead of €25)
- 1 cheque book order with 25 pages = Benefit €10 (for free instead of €10)
Free Internet Security software (includes Anti-Virus)
Benefit of €39,95 (This product is offered by the specific supplier at €39,95 recommended retail price, whereas it is offered exclusively to Advance Customers who are Internet Banking subscribers, free for one year)
HSBC Mutual Funds
Benefit €50 (This is based on the discount you enjoy on the subscription fee if, during the year, you invest €20.000)
Third Party Providers Mutual Funds
Benefit €50 (This is based on the discount you enjoy on the subscription fee if, during the year, you invest €20.000)
Capital Guaranteed Deposits
Benefit €50 (This is based on the discount you enjoy on the subscription fee if, during the year, you invest €20.000)
Online Market Updates2
Benefit €195 (For this service, the recommended retail price of the supplier is €30 monthly, i.e. €360 annually. The preferential pricing that HSBC has arranged for Advance customers is the free first month trial period and a 50% discount on the monthly subscription fee for the remaining 11 months, as such the total annual cost for the Advance customer is only €165)
HSBC Advance Debit Card
Benefit €36 (This amount is calculated if during the year you perform 36 cash withdrawals, i.e. 3 withdrawals per month, from ATMs other than HSBC and Alpha Bank in Greece, for which you will pay €1 per withdrawal instead of €2)
HSBC Advance Credit Card
Benefit €60, based on the free annual fee
Free Travel Insurance
Benefit €80 (This benefit is calculated based on the present price of a similar annual individual travel insurance policy issued by Mondial Assistance, independently of HSBC Advance)
Mortgage Loan
Discount of €25, based on the fee for pre-approval and financing
Free Post Office (ELTA) cash deposits
Benefit €12 (if you make 10 deposits within a year)
Additional value may be enjoyed from preferential rates on consumer loans.
Prices last updated at 03/08/2011
Disclaimer: HSBC may limit or expand the services, products, offers or pricing described in this page, at its absolute discretion, with a relative prior notice.
1 The total value of the benefits will occur only if all services mentioned in this page are used.
2 The above pricing might be subject to change, indicatively inline with the provision of new services or due to premiums readjustment. HSBC does not guarantee the service provision, the purchase decision is an ultimate client responsibility.
