HSBC Review
An international leader in banking and financial services, HSBC Bank offers personal, commercial, and corporate banking services.
Among HSBC’s comprehensive suite of impressive financial services is the Premier Relationship Savings, which stands out for its exclusive benefits and global reach.
Visit HSBC ➜HSBC Bank USA, N.A.
Pros
- Earn a cash bonus up to $5,000*
- Send and receive money with Zelle® right from mobile app
- Earn best savings rate with a Premier Relationship Savings account for an introductory period and thereafter if you qualify
- Manage your money safely, easily and fee-free around the world - from Global Money Transfers to multi-currency needs
Cons
- Suited for high-income earners
- May require a high minimum balance requirement or direct deposits
How Does HSBC Work?
HSBC is a global bank, operating in more than 60 countries, offering a broad range of financial services, including wealth management, investment banking, mortgage products, and credit solutions. The bank allows you to manage your finances across multiple countries with global transfers and multi-currency needs, making it a great choice for frequent travelers and those living overseas.
HSBC Premier Relationship Savings Account
Link your Premier Checking Account and meet the monthly criteria to give your savings rate a boost. The Relationship APY is 3.40% with a minimum balance of just $1, compared to the Standard APY of 0.05%.
HSBC Premier Checking
HSBC Premier Checking is designed for individuals who need a high level of service and access to various financial tools. It’s an excellent option for individuals looking for a premium banking experience with global benefits and access to wealth management services. Conveniently open an account from your own home.
The generous cash bonus is a significant incentive, while the global access feature makes it ideal for frequent travelers. However, the high minimum balance and direct deposit requirements might be a barrier for some.
Key Features
- Great bonus for new checking accounts
- High-APY savings
- 24/7 support for any time zone
- FDIC insured to the legal limit
- Manage funds online with bill pay and digital transfers
- Well-rated mobile banking app
- Special offers including referrals for tax advice, relocation services, etc.
Our site is regularly updated with new rates.
For the latest info, click here to visit HSBC’s site.
Final Thoughts
If you're looking for a robust banking relationship that offers both convenience and a range of financial tools, the HSBC Premier Checking Account could be the perfect fit.
Visit HSBC ➜HSBC Bank USA, N.A.
HSBC reserves the right to change rates, fees, and other pricing. For the most up-to-date information and to explore HSBC products, please click the button above to visit their site.
HSBC New Customer Offer Terms and Conditions
Terms to Qualify for Cash Bonus:
New Customer must meet each of the following requirements to qualify for the cash bonus:
Open a new HSBC Premier checking account (“New Account”) during the Offer Period; AND
Meet a Qualifying Balance of $150,000 or more of New Money in deposit and/or eligible investment accounts within 20 calendar days of opening the New Account; AND
Maintain the required Qualifying Balance for 3 full consecutive calendar months following the New Account opening month.
Remain opted-in to receive HSBC marketing emails.
For purposes of determining whether the New Customer has maintained the required Qualifying Balance and the associated cash bonus tier, the New Customer’s Qualifying Balance will be reviewed at the end of 3 full consecutive calendar months following the New Account opening month.
Not ready to commit? Find the product you need below and view side-by-side bank comparisons with competitive rates and low fees.
Want to compare more? Back to bank reviews
Learn more about how findbanks.com rankings are determined.