Our secured overdraft service is a facility that's linked to any investments or deposits you have with us. It's like breaking your time deposit or investment, without losing out on the interest or returns.
Here's what you get:
- Borrow up to 90% of your BHD/USD deposits
- Available in USD, and GBP
- Attractive interest rates
- Free debit card and a cheque book – your overdraft is set up on your HSBC current account
- Available from 3 months to 1 year
- Renewable every year
You can take advantage of the Secured Overdraft facility if:
- You're at least 21 years of age
- You have an HSBC current account
- You have an HSBC term deposit or an HSBC investment in Bahrain
With the Secured Overdraft Service, you don't have to worry about penalties when you need to access cash from your deposits and investments.