HSBC Bank vs Bank of America
 |  | |
| Visit Site | Learn More | |
HSBC Bank | Bank of America | |
|---|---|---|
HSBC Premier - Up to $5,000 - | Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer | |
Benefits and Features | ||
| Savings | Premier Relationship Savings: 3.10% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY) | Bank of America Advantage Savings Standard Rate: 0.01% APY |
| CD | 3.55% to 3.80% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 3.70%. Minimum deposit of $1,000 to open. |
|
| Checking | Premier Checking to enjoy premium banking with both local and global benefits |  |
| Mobile App | ||
| ATMs | Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates. | |
| Customer Service |
| |
| IRA CD | | |
| Locations | 21 branches in the US; Global presence in more than 64 countries and territories worldwide | |
| Visit Site | Learn 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 05/29/2026 from published websites and is believed to be accurate, but not guaranteed. Bank of America: Pricing information from published website as of 05/26/2026 based on 91107 zip code. | ||
HSBC Premier - Up to $5,000
It's easy. The more you fund, the more you earn.
Discover all that Premier can do for you
- Earn our best savings rate with a Premier Relationship Savings account for an introductory period and thereafter if you qualify
- Send money internationally, securely, quickly and fee-free in the HSBC mobile app with our award-winning HSBC Global Money Transfers
- Enjoy peace of mind with unique travel benefits available through our credit cards
Here's how the offer works
- Open a Premier checking account by June 30, 2026
- Add your desired level of deposits and/or eligible investments within 20 days
- Get $1,500: Deposit or invest $150,000 to $249,999
- Get $2,500: Deposit or invest $250,000 to $499,999
- Get $3,500: Deposit or invest $500,000 to $999,999
- Get $5,000: Deposit or invest $1,000,000+
- Maintain your balances for 3 full consecutive months
- Remain opted-in to receive HSBC marketing emails
If all offer requirements are met, the bonus will be paid within 8 weeks.
Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Bank of America Advantage Relationship Banking® - Up to $500 Bonus Offer
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer
- New checking customers only: Get a $100 bonus offer after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Articles on Bank of America
Bank of America Review
Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.
Bank of America Problems
Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.
Bank of America CD Rates
Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.
How to Close a Bank of America Account
Want to close your Bank of America account? Learn how and what you need to do before you close your account.
Bank of America Hours
Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.
Bank of America Routing Number
Find your Bank of America routing number and learn about money transfers in our guide.
Which Do You Think is Best?
Which Bank Account is Right for You?
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