Axos Bank vs HSBC Bank

Axos Bank is a full-service online bank with excellent cashback and interest checking. How does it compare to HSBC? Read our comparison chart below.

Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

While HSBC is a large multi-national bank that focuses on banking and wealth management services for international high net worth clients. With a global presence in over 64 countries, clients will access privileges around the world.

Compare Axos Bank with HSBC, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Axos Bank	HSBC Bank


	SPECIAL OFFER Rewards Checking - Up to 3.30% APY - Learn More Read Axos Bank Review
	Benefits and Features
Savings	0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)	Premier Relationship Savings: 4.15% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY)
CD	0.20% APY. Terms of 3 months to 5 years. $1,000 minimum	3.75% to 4.50% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 4.50%. Minimum deposit of $1,000 to open.
Checking	Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback	Premier Checking: $50 monthly service fee waived if you maintain a minimum balance of $75,000 in combined HSBC deposit and investment accounts, OR have at least $5,000 in total direct deposits per month.
Money Market	0.25% APY
Customer Service		24/7
ATMs		Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.
Locations		25 branches in the US; Global presence in more than 64 countries and territories worldwide
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Mobile App
ATMs
Locations
Customer Service
Pros & Cons	Pros: Checking with rewards No monthly fee Domestic ATM rebates Cons: Low CD rates No physical branches	Pros: Global presence Transfer money globally Priority customer service Cons: Limited US presence High account minimums
Bottom Line	Full-service online bank with excellent cashback and interest checking... Read full review	Full-service global bank ideal for high net worth expats and travelers... Read full review

	Rewards Checking - Up to 3.30% APY Basic Business Checking - $200 Bonus Essential Checking
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Axos Bank: Pricing information from published website as of 02/21/2023. HSBC: Data points including rates, fees, terms, and benefits was obtained on 5/28/2023 from published websites and is believed to be accurate, but not guaranteed.

Member FDIC

Rewards Checking - Up to 3.30% APY

Get Deal

Use the promo code RC100 when you apply for a Rewards Checking account by 06/30/23. Then have qualifying direct deposit(s) to earn up a $100 welcome bonus!
Up to 3.30% APY
Zero monthly maintenance fees
Zero overdraft or NSF fees
Zero minimum monthly balance reqs
Unlimited domestic ATM fee reimbursements
Online debit card management
Simple, 3-step process for direct deposit
Only $50 to open an account

Member FDIC

Basic Business Checking - $200 Bonus

Get Deal

New business owners get a $200 welcome bonus!
Zero monthly maintenance fees
Unlimited Transactions
Unlimited domestic ATM fee reimbursements
$0 Minimum Opening Deposit requirement
2 Free Domestic Wires, monthly
Cash Deposit capability via MoneyPass and AllPoint networks

Member FDIC

Essential Checking

Unlimited domestic ATM reimbursements
No monthly maintenance fees
No annual fee
No overdraft or non-sufficient funds fee

Get Deal

Which is Better: Axos Bank or HSBC?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Axos Bank or Chase.

In short: Axos Bank's checking and mobile app are notable. In particular, the checking is excellent. HSBC's cd is notable.