Capital One vs HSBC Bank

Capital One is a good online bank with access to in-person support. How does it compare to HSBC? Read our comparison chart below.

Capital One offers competitive rates on their savings account. Their interest checking has several overdraft options in cases of accidental overdraw. There are no minimum deposits or service fees.

While HSBC is a large multi-national bank and offers several checking accounts for different needs. HSBC Direct is the online banking operation and offers high interest savings for just $1 minimum deposit with no service fees.

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

	Capital One	HSBC Bank
	SPECIAL OFFER Personal Checking Account - $400 Bonus - Learn More Read Capital One Review	SPECIAL OFFER HSBC $200 Advance Checking Bonus - Learn More Read HSBC Review
	Benefits and Features
Savings	0.40% APY	HSBC Direct Savings: 0.15% APY. $1 minimum opening deposit and no monthly service fee. Deposit checks easily by taking a picture with your phone using HSBC Mobile Banking.
CD	0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%	0.30% to 0.40% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 0.40%. Minimum deposit of $1,000 to open.
Checking	0.10% APY	Basic Banking: no minimum requirements; $1 monthly service fee Choice Checking: $15 monthly service fee waived if you set up direct deposit OR maintain a minimum monthly balance of $1,500 Advance Checking: $25 monthly service fee waived if you maintain a minimum monthly balance of $5,000 in combined HSBC deposit and investment accounts. Premier Checking: $50 monthly service fee waived if you maintain a minimum monthly balance of $75,000 in combined HSBC deposit and investment accounts.
Customer Service	Mon-Sun: 8am - 11pm (ET)	24/7
ATMs	Over 40,000 no-fee Capital One & Allpoint ATMs	Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.
IRA CD	0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%.
Locations	Online Only	HSBC - 240+ branches, mostly on the West and East coasts HSBC Direct - online only
	CreditDonkey® Reviews
Savings
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: Overdraft protection options No account minimums 27 cafes for in-person support Cons: Lower savings APY compared to other online banks	Pros: Global presence High online savings APY Cons: Not in every state
Bottom Line	Good online bank with access to in-person support... Read full review	Large full-service global bank... Read full review
	Personal Checking Account - $400 Bonus Personal Checking Account - Up to $250 Bonus Personal Checking Account - $250 Bonus	HSBC $200 Advance Checking Bonus HSBC Advance Checking - Up to $240 Cash Bonus HSBC $450 Premier Checking Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Capital One: Pricing information from published website as of 1/16/2021. HSBC: Data points including rates, fees, terms, and benefits was obtained on December 20, 2020 from published websites and is believed to be accurate, but not guaranteed.

Which is Better: Capital One 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 Capital One or Chase.

In short: HSBC's savings is excellent.

Articles on Capital One

Capital One 360 Review
Capital One 360 checking and savings accounts are free to open and offer higher-than-average APY rates. Does this popular web bank live up to its claims? Find out if it's right for you.
• Capital One vs Chase
• Capital One vs Citibank
• Capital One vs Discover Bank
Capital One Routing Number
What is the routing number for Capital One? Find the right one for your account with our guide.
• Capital One vs TD Bank
• Capital One vs Bank of America
• Capital One vs Wells Fargo

Articles on HSBC Bank

HSBC Bank Review
HSBC Bank offers a full array of services for different needs, including a high-yield online savings and several checking options. But there are downsides. Read on for the pros and cons.
• HSBC vs Synchrony Bank
HSBC Direct Savings
Are you tired of abysmal interest rates on your savings accounts? Maybe you've even abandoned the thought of a savings account because it just doesn't seem worth it anymore.
HSBC Advance Checking
Are you tired of not earning interest on your checking account? Maybe you want more than just check writing privileges in exchange for depositing your money. HSBC Advance Checking may make you look at banks in a different light.
HSBC Premier Checking
Are you looking for a checking account that does more than allow you to write checks? If you are a high net worth individual, the HSBC Premier Checking account may be what you need. This top-of-the-line checking account offers access to a personal Relationship Manager.

Which Do You Think is Best?

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