Quite a few members discussed about it in this thread, you can search back for more info. But here's the T&C's

http://www.hsbc.com.my/1/2/hsbcadvance/pre...ement-promotion

This is Islamic FD.
I did it last week.
Each FD account requires min RM 5.00 to open one current account.
Now HSBC is giving one umbrella for opening each FD account.

Maximum of this FD is RM 30K, min is RM 5K.
But you can get your relatives to joint name with you to open more FD accounts.
For example:
(1) You place RM 30K under your single name - 1st account
(2) You place RM 30K under your wife single name - 2nd account
(3) You place RM 30K under you and joint name with your wife - 3rd account
Total RM 90K to enjoy 5% (Effective rate is about 4.8% after deducting/loosing 3 days interest)
And you will get 3 umbrellas.

2 negative things you need to know:
(1) Effective date of the FD will effective only after your check is cleared, so we will lose at least 2 or 3 days interest. But I brought cash so I could get my FD cert effective on the same day.

(2) We can only withdraw the next day of the FD maturity date, so we will lose one more day interest.

In overall, I think this is a good deal for 3 months FD.

I have the SCB debit card when I placed my 4.25% with SCB last year.
For this time 4.5% which I placed last week, SCB did not give me debit card.

The one with CASA requirement, only 4.5% p.a. for 3-month tenure.