HSBC Bank vs BMO

	HSBC Bank	BMO
	Member FDIC	Member FDIC
	Visit Site	Learn More
	SPECIAL OFFER HSBC Premier - Up to $5,000 - Learn More Read HSBC Review	SPECIAL OFFER Personal Checking Account - $400 Bonus - Learn More Read BMO Review
	Benefits and Features
Savings	Premier Relationship Savings: 3.20% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY)	0.01% APY. $5 reward every month you save $200 or more, for the first year.
CD	3.50% to 3.65% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 3.60%. Minimum deposit of $1,000 to open.	0.05% - 2.50% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.
Checking	Premier Checking to enjoy premium banking with both local and global benefits	Smart Advantage, Smart Money, Relationship
Money Market		Up to 2.30% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance.
ATMs	Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.	40,000+ BMO and Allpoint ATMs
Customer Service	24/7	Monday–Friday, 7 a.m.–11 p.m. (CT), and Saturday–Sunday, 8 a.m.–10 p.m. (CT)
IRA CD		0.05% - 0.75% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit
IRA Money Market		IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee
Locations	21 branches in the US; Global presence in more than 64 countries and territories worldwide	900+ branches
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons		Pros: Free checking with eStatements Large ATM network Good financial tools Cons: Limited branches Low savings APY
Bottom Line	Read full review	Midwest bank with options for low and high-balance customers... Read full review
	Visit Site	Learn More
	HSBC Premier - Up to $5,000	Personal Checking Account - $400 Bonus Business Checking Account - $1,500 Bonus Business Checking Account - $1,000 Bonus
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 05/21/2026 from published websites and is believed to be accurate, but not guaranteed. BMO: Pricing information from published website as of 05/16/2026 based on 60603 zip code.

Member FDIC

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.

Learn More

Expires 6/30/2026

Articles on BMO

BMO Review

BMO offers low fees and a large ATM network. But savings rates are low. However, the strong features can still make it a good bank for you. Read on.

BMO vs Bank of America

BMO Routing Number

If you have a BMO account, you only need to be aware of one routing number. This number is 071025661. Read on and learn how to use it.

BMO Checking Account Bonus & Promotions

BMO rolls out enticing checking offers from time to time to attract new customers. Find the latest bonus deals here.

Who Owns BMO

BMO is a publicly-traded company with significant institutional investors. These include several well-known Canadian asset management firms and banks.