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HSBC Bank

HSBC Bank

HSBC is currently offering two promotions. Read our in-depth review of HSBC. We like their global presence, transfer money globally, and priority customer service.

$3,000

HSBC Premier - Earn Up to $3,000

Global shifts, local impacts. Stay on course with insights from our trusted partners in wealth.

Discover what an HSBC Premier relationship can offer you

  • Easily open an account online, from the comfort of your home.
  • Manage your international banking needs across different time zones, with 24/7 support.
  • Unlock Premier in one country and you can live, work and travel with Premier status around the world with HSBC
  • Manage your money safely and easily around the world - from Global Money Transfers to multi-currency needs.
  • New to the U.S.? Build your U.S. credit history with one of our credit cards. Or, if you're buying a new home, you can use your international credit history to apply.

Here's how the offer works:

  • Earn one or more cash bonuses1 when you open an HSBC Premier2 checking account by September 30, 2025, AND complete additional qualifying activities:
  • $500 Direct Deposit Cash Bonus when you set up recurring monthly direct deposits of $10,000 or more for 3 consecutive months; and/or
  • $1,000 New Money Cash Bonus when you deposit or invest3 $100,000 or more and maintain balances for 3 consecutive months; and/or
  • $1,500 Mortgage and New Money Cash Bonus when you complete a new HSBC U.S. residential mortgage application by September 30, 2025, with mortgage funding by December 31, 2025, AND deposit or invest $200,000 or more and maintain balances for 3 consecutive months. Customers who qualify for the $1,500 cash bonus will automatically qualify for the $1,000 cash bonus.
Expires 9/30/2025
  • Monthly Fee: $50 monthly maintenance fee, unless eligibility criteria is met:
    • Balances of $100,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment accounts; OR
    • Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR
    • Any HSBC U.S. residential mortgage loan serviced by HSBC. Home Equity products, loans that are in foreclosure or bankruptcy, and loans for which servicing rights have been transferred are not included.
    • Consumers who maintain Private Bank status

HSBC Premier

Start an HSBC Premier relationship when you open a Premier checking account

  • Easily open an account online, from the comfort of your home.
  • Manage your banking needs across different time zones, with 24/7 support.
  • Manage your money around the world - from global transfers to multi-currency needs.
  • New to the U.S.? Build your U.S. credit history with one of our credit cards. Or, if you're buying a new home, you can use your international credit history to apply.
  • Go beyond banking with special offers, referrals for tax advice, relocation services, and more.

Includes products and services offered by HSBC Securities (USA) Inc.

  • Global opportunities: We provide market views and insights from around the world to help you make more informed investment decisions.
  • Wealth products, insights and advice from an HSBC Wealth Relationship Manager
  • Investment support: Your HSBC Wealth Relationship Manager is available to discuss your portfolio and financial goals
  • Monthly Fee: $50 monthly maintenance fee, unless eligibility criteria is met:
    • Balances of $100,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment accounts; OR
    • Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR
    • Any HSBC U.S. residential mortgage loan serviced by HSBC. Home Equity products, loans that are in foreclosure or bankruptcy, and loans for which servicing rights have been transferred are not included.
    • Consumers who maintain Private Bank status
NexBank

High-Yield Savings Account - 4.31% APY

  • $1 minimum deposit
  • No fees
  • 24/7 online access to funds
  • FDIC insured
  • Monthly Fee: $0
Bank of America
Member FDIC

Bank of America Advantage Banking - Up to $500 Cash Offer

  • The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new checking customers only.
  • Offer expires 1/31/2026.
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
    Cash BonusTotal Qualifying Direct Deposits
    $100$2,000
    $300$5,000
    $500$10,000+
  • If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
  • Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC.
Expires 1/31/2026
Wells Fargo

Wells Fargo Everyday Checking Account - $325 Bonus

  • Get a $325 new checking customer bonus when you open an Everyday Checking account and receive $1,000 or more in qualifying direct deposits.
  • Wells Fargo Bank, N.A. Member FDIC
Expires 10/15/2025
BMO
Member FDIC

BMO Smart Advantage Checking account - Earn $400 Cash Bonus*

$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26. *Conditions apply. Accounts are subject to approval and provided in the U.S. by BMO Bank N.A. Member FDIC

Expires 1/28/2026
  • Monthly Fee: $0 Monthly Maintenance Fee with paperless statements
BMO
Member FDIC

BMO Smart Money Checking account - Earn $400 Cash Bonus*

$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26. *Conditions apply. Accounts are subject to approval and provided in the U.S. by BMO Bank N.A. Member FDIC

Expires 1/28/2026

How to Open a HSBC Account

HSBC is one of the largest banks in the world, with physical branches all over the globe. It focuses on banking and wealth management services for international high net worth clients.

HSBC Checking Account Bonus:
  1. HSBC Premier: Earn Up to $3,000

About HSBC:
  • 8th largest bank in the world
  • Opened as the Hongkong and Shanghai Banking Corporation in 1865
  • Today, has over 3,800 offices in 66 countries across Europe, Asia, Oceania, Africa, and the Americas
  • FDIC Insured

HSBC Checking Account Promotion Requirements

What You Need to Apply: HSBC frequently offers cash bonuses for new checking customers. To qualify for the promotion, you must:

  • Be at least 18 years old
  • Have a Social Security Number
  • Have a current U.S. residential address
  • Have had U.S. residency for the past one year
  • Have a valid U.S. ID, passport, or Permanent Residential Card/Green Card
  • Have account information to fund your new HSBC account

Note: HSBC will conduct a soft pull on your credit to open the account. This does not affect your credit score.

How to Waive HSBC Checking Account Monthly Fees

HSBC only offers one checking account called HSBC Premier Checking. It has a $50 monthly maintenance fee, unless eligibility criteria is met:

  • Balances of $100,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment accounts; OR
  • Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR
  • Any HSBC U.S. residential mortgage loan serviced by HSBC. Home Equity products, loans that are in foreclosure or bankruptcy, and loans for which servicing rights have been transferred are not included.
  • Consumers who maintain Private Bank status

The HSBC Premier Checking account offers free online & mobile banking, no foreign transaction fee on the debit card, global transfers, and access to HSBC ATMs worldwide.

Once you're a Premier client, you'll have Premier status and privileges around the world.

Check out bank promotions with no direct deposit requirement.

HSBC Locations in the U.S.

HSBC has scaled back its US presence to only 20 - 25 physical locations, which are repurposed into international wealth centers.

    Highlights

    Savings
    Premier Relationship Savings: 3.50% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY)
    CD
    3.20% to 3.85% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 3.60%. Minimum deposit of $1,000 to open.
    Checking
    Premier Checking to enjoy premium banking with both local and global benefits
    ATMs
    Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.
    Compare: HSBC vs Novo
    Customer Service
    24/7
    Locations
    21 branches in the US; Global presence in more than 64 countries and territories worldwide
    Compare: HSBC vs Chase

    More Information

  • Data points including rates, fees, terms, and benefits was obtained on 09/04/2025 from published websites and is believed to be accurate, but not guaranteed.
  • For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
 HSBC Bank
Member FDIC
Member FDIC
 Visit SiteLearn More
 

HSBC Bank

Citibank

 

Benefits and Features

SavingsPremier Relationship Savings: 3.50% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY)
  • Citi® Accelerate High-Yield Savings: Available in AA, AE, AK, AL, AP, AR, AS, AZ, CO, DE, GA, GU, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VI, VT, WA, WI, WV, WY and select markets in Florida and Illinois.
  • Citi® Savings: Available in CA, CT, DC, MD, NV, NJ, NY, VA, and select markets in Florida and Illinois.
CD3.20% to 3.85% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 3.60%. Minimum deposit of $1,000 to open.
  • 6-Month Fixed Rate CD - 4.00% APY
  • 3-Month Fixed Rate CD - 3.25% APY
  • 1-Year Fixed Rate CD - 3.00% APY
  • 9-Month Fixed Rate CD - 2.50% APY
  • 5-Year Fixed Rate CD - 2.00% APY
CheckingPremier Checking to enjoy premium banking with both local and global benefits
Check
Money Market 
Mobile App 
iOS & Android
ATMsAny HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.More than 65,000 fee-free ATMs at Citi branches and participating retail locations nationwide, including Target, CVS Pharmacy, Rite aid, Walgreens, Duane Reade and ATMs displaying Allpoint or MoneyPass logo.
Customer Service
24/7
24/7 Live Customer Service (Telephone)
IRA CD 
Check
IRA Money Market 
Check
Locations21 branches in the US; Global presence in more than 64 countries and territories worldwide645 retail bank branches concentrated in the six key metropolitan areas of New York, Chicago, Los Angeles, San Francisco, Miami, and Washington, D.C.
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

HSBC: Data points including rates, fees, terms, and benefits was obtained on 09/04/2025 from published websites and is believed to be accurate, but not guaranteed.

Citibank: Pricing information from published website as of 08/20/2025. This content is not provided by Citi. Any opinions expressed are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi.

6-Month CD - 3.85% APY

12-Month CD - 3.60% APY

24-Month CD - 3.20% APY

Online Certificate of Deposit

TermAPY
6-Month3.85%
12-Month3.60%
24-Month3.20%


HSBC Alternatives

Bank of America
Member FDIC

Bank of America® Business Advantage Banking Checking Account - $200 Bonus Offer

  • The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new eligible business checking customers only.
  • Offer expires 12/31/2025.
  • To qualify, deposit $5,000 or more in New Money* directly into a new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening.
  • Maintain an average balance of $5,000 in that new Business Advantage Banking account during the Maintenance Period**.
  • Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
  • Additional terms and conditions apply. See offer page for more details.
  • *New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
  • ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
  • Bank of America, N.A. Member FDIC
Expires 12/31/2025
Wells Fargo

Wells Fargo Everyday Checking Account - $325 Bonus

  • Get a $325 new checking customer bonus when you open an Everyday Checking account and receive $1,000 or more in qualifying direct deposits.
  • Wells Fargo Bank, N.A. Member FDIC
Expires 10/15/2025
Discover Bank
Member FDIC

Discover® Online Savings - $200 Cash Bonus

To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY925 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 03/12/2026, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. See advertiser website for full details.

Expires 3/12/2026
U.S. Bank
Member FDIC

U.S. Bank Business Essentials - $400 Bonus

Promo code Q3AFL25 MUST be used when opening a U.S. Bank Business Essentials or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.

Earn your $400 Business Checking bonus by opening a new U.S. Bank Business Essentials account between 7/1/2025 and 9/30/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.

Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.

New money is considered money that is new to U.S. Bank. Funds must come from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials® Pricing Information Document for a list of fees.

Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.

Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.

All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials® Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.

Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice. Member FDIC

Expires 9/30/2025
  • Monthly Fee: $0 monthly maintenance fee
CIT Bank
Member FDIC

CIT Bank Platinum Savings - 4.00% APY

  • 4.00% APY with a balance of $5,000 or more
  • 0.25% APY with a balance of less than $5,000
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • Member FDIC
  • Direct Deposit Required: No
  • Monthly Fee: $0

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More Bank Promotions

Citibank Promotions

Checking with Enhanced Direct Deposit - $325 Cash Bonus
Bank of America
Member FDIC

Bank of America Promotions

Bank of America Advantage Banking - Up to $500 Cash Offer
Wells Fargo
Member FDIC

Wells Fargo Promotions

Wells Fargo Everyday Checking Account - $325 Bonus

Capital One 360 Promo Code

Personal Savings Account - $1,500 Bonus

Synchrony Bank Promotions

High Yield Savings - 3.80% APY

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About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*Terms and conditions apply. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. Please review the merchant's website for terms and conditions.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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