Household Qualification FAQs

  

Do I need to have a joint account with my spouse or partner in order to qualify as a household?

  • No, you’re not required to hold a joint account together. You can hold sole account or a combination of both sole and joint. Whatever works for you to manage your finances as a family.

 

Can my partner keep their HSBC Advance chequing account, but be part of my Premier household?

  • No, each member of the household must have at least one Premier chequing account, joint or sole, to be part of Premier household relationship.

 

Will my accounts still be private?

  • Yes, there are no changes to your privacy preferences. You’ll only have access to your own sole accounts and to accounts held jointly (if any) with your partner.

 

Why do I need to designate a Primary household member?

  • The primary household member is responsible for paying the Premier monthly package fee if none of the fee waiving eligibility criteria are met.

 

Can I add my child to be part of my household?

  • No, household qualification is only available for spouses and common-law partners.

 

Can I be part of more than one household?

  • No, you can only be part of one household at a time. If you want to make changes, speak to your Relationship Manager about withdrawing from your current household relationship and applying for a new one.