HSBC Bank vs Capital One

HSBC is a large full-service global bank. How does it compare to Capital One? Read our comparison chart below.

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.

While 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.

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

	HSBC Bank	Capital One
	SPECIAL OFFER HSBC $200 Advance Checking Bonus - Learn More Read HSBC Review	SPECIAL OFFER Online CDs - Learn More Read Capital One Review
	Benefits and Features
Savings	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.	0.40% APY
CD	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.	0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%
Checking	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.	0.10% APY
Customer Service	24/7	Mon-Sun: 8am - 11pm (ET)
ATMs	Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.	Over 40,000 no-fee Capital One & Allpoint ATMs
IRA CD		0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%.
Locations	HSBC - 240+ branches, mostly on the West and East coasts HSBC Direct - online only	Online Only
	CreditDonkey® Reviews
Savings
Checking
Customer Service
Money Market
Mobile App
Pros & Cons	Pros: Global presence High online savings APY Cons: Not in every state	Pros: Overdraft protection options No account minimums 27 cafes for in-person support Cons: Lower savings APY compared to other online banks
Bottom Line	Large full-service global bank... Read full review	Good online bank with access to in-person support... Read full review
	HSBC $200 Advance Checking Bonus HSBC Advance Checking - Up to $240 Cash Bonus HSBC $450 Premier Checking Bonus	Online CDs
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 December 20, 2020 from published websites and is believed to be accurate, but not guaranteed. Capital One: Pricing information from published website as of 1/16/2021.

Which is Better: HSBC or Capital One?

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

In short: HSBC's savings is excellent.

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 Bank of America
• HSBC vs Citibank
• HSBC vs Wells Fargo
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 vs Synchrony Bank
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.

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 Discover Bank
• Capital One vs TD 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 Ally Bank

Which Do You Think is Best?

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