HSBC AssetVantage

If you believe that value is more than just money, then an AssetVantage plan from HSBC is just what you need. AssetVantage is designed for those who appreciate personalised and undivided attention for your banking needs. You also benefit from preferential rates and fees on your day-to-day account services, loans as well as dedicated service in all branches.

Key features

As an AssetVantage customer, most of your everyday banking transactions will be free of charge or
offered at a preferential rate. Below is a detailed list of the privileges this plan will unlock for you:

Account essentials

  • Savings Plus account with additional margin over and above the normal savings rate
  • Overdraft facility equivalent to one month salary (subject to credit assessment)
  • Consolidated statement with a portfolio summary of your total account balances as well as a detailed breakdown of your account transactions, payments, and interest earned or paid

Free day-to-day transactions

  • Unlimited standing order
  • Unlimited direct debit
  • Unlimited cheque book facility
  • Free replacement of ATM Card
  • Free cash withdrawal from HSBC ATMs globally

Preferential rates and fees

  • Discounted rates for customers taking a home or personal loan
  • Discount on handling fees on loan processing
  • Discount on commission when depositing / withdrawing foreign currency notes
  • Discounted rate for issuance of office cheques
  • Discounted rate when requesting duplicate statement of accounts

Please refer to our tariff guide for full details of preferential rates and fees applicable.

Dedicated service and assistance

  • Priority service in main branches with dedicated counters to assist AssetVantage customers with transactions
  • Team of Relationship Managers to assist in your financial requirements

Online banking facility

  • Access to our online banking facility with a unique security token free of charge
  • Transactions on online banking platform are free except where mentioned in our tariff guide

Monthly fee

A monthly fee of MUR 207 (MUR 180 + VAT) is applicable.

Please refer to our tariff guide for full details of fees applicable.

Eligibility criteria

In order to be eligible for AssetVantage, you must meet this criteria:

  • Individuals aged 18 years and above
  • A minimum monthly income of MUR 30,000 paid into your AssetVantage account 
  • Foreign nationals have to submit a letter of reference from their main overseas bank.

 

Apply now

Call 800 1234 (local) or 230 403 0750 (overseas) or find your nearest branch to apply in person.

Documents required to apply

  • Proof of identity - identity card or passport
  • Letter of reference from main bank overseas (for expatriates)
  • Proof of address - CEB or CWA or Mauritius Telecom
  • Bank statements for the last 3 months (for expatriates)
  • Proof of work permit (for expatriates)
  • Evidence of source of funds may be requested from customer