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HSBC Payroll Service

Earn more from your salary with HSBC Payroll. Enjoy enhanced payroll services and unlock a range of valuable offers to make the most of your money.

Comprehensive banking support beyond payroll

We offer more than just payroll services – we help you with all your everyday banking needs.

  • Manage your money 24/7 without any hassles using our online and mobile banking services.
  • Access your payroll details easily using the HSBC HK App, and manage your deposits/ assets all in one place.
  • Use Future Planner to set your financial goals and build your wealth more easily and effectively.

Welcome reward for payroll: up to $1,500 RewardCash (RC)

New HSBC auto-payroll customers[@accounts-payroll-new-customers] who register for the 'Exclusive offers for auto-payroll customers' via Reward+ from 10 October 2025 to 31 March 2026 can unlock this reward.

Earn up to $1,500 RC, based on the average monthly payroll amount[@accounts-payroll-avg-monthly-amount] by receiving auto payroll each month in your account.
Average Monthly Payroll Amount[@accounts-payroll-avg-monthly-amount]  RewardCash
HKD80,000 or more $1,500 RC
HKD50,000 to less than HKD80,000 $1,000 RC
HKD30,000 to less than HKD50,000 $600 RC
HKD10,000 to less than HKD30,000 $350 RC
Earn up to $1,500 RC, based on the average monthly payroll amount[@accounts-payroll-avg-monthly-amount] by receiving auto payroll each month in your account.
Average Monthly Payroll Amount[@accounts-payroll-avg-monthly-amount]  HKD80,000 or more
RewardCash $1,500 RC
Average Monthly Payroll Amount[@accounts-payroll-avg-monthly-amount]  HKD50,000 to less than HKD80,000
RewardCash $1,000 RC
Average Monthly Payroll Amount[@accounts-payroll-avg-monthly-amount]  HKD30,000 to less than HKD50,000
RewardCash $600 RC
Average Monthly Payroll Amount[@accounts-payroll-avg-monthly-amount]  HKD10,000 to less than HKD30,000
RewardCash $350 RC

To earn RewardCash, the Total Deposit Balance[@accounts-payroll-total-deposit-balance] in your account on the last calendar day of each of the payroll months must show a net increase compared to the last calendar day of the previous month. T&Cs apply.

More offers for both new[@accounts-payroll-new-customers] and existing auto-payroll customers

Register for the 'Exclusive offers for auto-payroll customers' via Reward+ and place 3-month USD new fund time deposit to enjoy up to $3,000 RewardCash.

T&Cs apply (PDF).

Apply for an HSBC Personal Instalment Loan to enjoy an exclusive APR as low as 1.88%[@accounts-payroll-pil-apr] and rebates of up to $16,000[@accounts-payroll-pil-rebate] for greater financial flexibility. Offer valid until 4 November 2025. T&Cs apply.

Register for the HSBC Forex Club to enjoy a free upgrade to Bronze tier automatically for 90 days and get 5% off spread discount on currency exchanges. 

T&Cs apply (PDF).

New auto-payroll customers[@accounts-payroll-new-customers] can also enjoy

Apply for an HSBC Credit Card

Enjoy extra $100 RewardCash when you successfully apply for and activate selected HSBC Credit Cards. Register now for the 'Exclusive offers for auto-payroll customers' via Reward+.

Note: Selected credit cards include HSBC Premier Mastercard®, HSBC Visa Signature Card, HSBC easy Credit Card, HSBC Visa Gold Card, HSBC Pulse UnionPay Dual Currency Diamond Credit Card and HSBC UnionPay Dual Currency Credit Card.

T&Cs apply (PDF).

Selected HSBC Voluntary Health Insurance Scheme

Apply for the selected Voluntary Health Insurance Scheme (VHIS) plans[@accounts-payroll-vhis-plans] from 10 October 2025 to 30 April 2026 (both dates inclusive) to get up to 50% off your first year's premium[@accounts-payroll-extra-premium-discount]. To enjoy this offer, simply register for the ‘Exclusive offers for auto-payroll customers’ via Reward+ and maintain at least two consecutive months of automatic payroll records.

*Discount of premiums is not tax deductible. T&Cs apply.

Switch your payroll to HSBC in two easy steps

Step 1: Download and fill out the 'Instruction Form for Setting up / Transfer of Salary Autopay‘ (PDF).

Step 2: Submit the form to your employer or HR department to change your payroll to your HSBC account.

Not yet an HSBC customer? Apply now!

One account for all your banking needs – deposits, credit cards, investments, insurance and more. Enjoy a full range of services, including foreign currency deposits and Renminbi options.
Our all-in-one account offers a comprehensive digital banking experience with exclusive lifestyle benefits and great rewards!
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Savour bespoke experiences, crafted for your ultimate pursuit for wealth. From wealth planning to lifestyle and wellness, we orchestrate every detail worthy of your exceptional narrative.

Frequently Asked Questions

How do I register for 'Exclusive offers for auto-payroll customers' via Reward+? 

How do I enroll in the Standalone RewardCash Programme? 

I'm interested in the HSBC Forex Club Bronze Tier free upgrade. How do I enjoy that using the HSBC HK App? 

Terms and conditions

HSBC Reward+

RewardCash is easy to earn and burn – so why wait? Join the RewardCash programme on HSBC Reward+, even without an HSBC credit card. Let's start earning RewardCash together!

Apple is a trademark of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google Play™ is a trademark of Google LLC.

Customers who registered for 'Exclusive offers for auto-payroll customers' during 16 July to 30 September 2025 may refer to these consolidated terms and conditions. 

Notes

    Disclaimer 

    Risk Disclosure

    • Terms and conditions apply. To borrow or not to borrow? Borrow only if you can repay!
    • This information and offers are intended for persons in Hong Kong.
    • Currency conversion risk - the value of your foreign currency and RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency and RMB deposit to other currencies at an exchange rate that is less favourable than the exchange rate in which you made your original conversion to that foreign currency and RMB, you may suffer loss in principal.

     

    Tax Implications

    Tax deduction eligibility is only applicable to policyholders or his/her spouse who are Hong Kong taxpayers. Tax deduction for the qualifying premiums paid under VHIS policy (not including levy) will be based on the premiums paid after deducting the premium discount (if any). You should refer to the website of the Inland Revenue Department or contact the IRD directly for any tax related enquiries.


    Disclaimer

    The HSBC VHIS Plans are underwritten by HSBC Life, which is authorised and regulated by the Insurance Authority of the Hong Kong SAR to carry on long-term insurance business in the Hong Kong SAR and is incorporated in Bermuda with limited liability. HSBC Life will be responsible for providing your insurance coverage and handling claims under your life insurance policy. The Bank is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agency of HSBC Life for the distribution of life insurance products in the Hong Kong SAR. The above products are products of HSBC Life but not the Bank and they are intended only for sale in the Hong Kong SAR. They are not a bank deposit or bank savings plan. Your premiums paid will form part of HSBC Life's assets. You do not have any rights or ownership over any of those assets. Your recourse is against HSBC Life only.

    In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between HSBC and you out of the selling process or processing of the related transaction, HSBC is required to enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the above insurance product should be resolved between HSBC Life and you directly. For product details, cooling off period and related charges, please refer to the relevant brochures and policy provisions.

     

    Reference number: R25-BS-DEP0302