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HSBC Bank vs SunTrust Bank

HSBC is a full-service global bank ideal for high net worth expats and travelers. How does it compare to SunTrust Bank? Read our comparison chart below.

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.

While SunTrust Bank has 1,400 branches in the Southeast region. Checking accounts require $100 to open and offers different ways to waive fees. Select Savings account offers an annual 1% bonus up to $25. Promotional CD offers a high APY with a $2,000 minimum opening deposit.

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

 HSBC Bank
Member FDIC
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HSBC Bank

SunTrust Bank

SPECIAL OFFER
Referral Program - Up to $6,000 Bonus - Learn More

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Benefits and Features

SavingsPremier Relationship Savings: 4.50% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY)0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates.
CD4.00% to 4.80% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 4.80%. Minimum deposit of $1,000 to open.0.05% APY. Terms ranging from 6 months - 24 months. $2,500 minimum opening deposit. Terms ranging from 7 days - 31 days. OR $1000 minimum opening deposit. Terms ranging from 32 days - 60 days.
CheckingPremier 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 Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained.
ATMsAny HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.More than 2160 ATMs across 11 southeastern states and Washington DC.
Customer Service
24/7
24/7 Telephone and Automated Customer Service
IRA CD Terms ranging from 1 - 10 years.
Locations25 branches in the US; Global presence in more than 64 countries and territories worldwide1400 bank branches across 11 southeastern states and Washington D.C.
 

CreditDonkey® Reviews

 HSBC Bank
SavingsStarStarStarHalf StarEmpty Star
CDStarStarStarStarHalf Star
CheckingStarStarStarEmpty StarEmpty Star
Money MarketStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • Global presence
  • Transfer money globally
  • Priority customer service
Cons:
  • Limited US presence
  • High account minimums
Pros:
  • High APY for CDs
  • Free student account
  • Good customer service
Cons:
  • No free checking option
  • Low savings APY
  • Limited branches
Bottom LineFull-service global bank ideal for high net worth expats and travelers... Read full reviewSoutheastern regional bank known for good customer service... Read full review
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Referral Program - Up to $6,000 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 03/16/2024 from published websites and is believed to be accurate, but not guaranteed.

SunTrust Bank: Pricing information from published website as of 04/12/2022 based on 91107 zip code.

Which is Better: HSBC or SunTrust Bank?

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.


Articles on HSBC Bank

HSBC Bank Review

HSBC Bank offers a global banking account ideal for those who live and work overseas. Is it right for your needs? Read on for the pros and cons.

HSBC Premier Checking

If you work, live, or travel abroad, the HSBC Premier Checking account may be what you need. Read on to see if this global checking account is right for you.

Articles on SunTrust Bank

SunTrust Bank Review

If customer service ranks high on your list, SunTrust Bank may be one you want to check out. While they offer interest rates comparable to most "big banks," they do offer that warm, fuzzy feeling some people look for in a bank.

Which Do You Think is Best?





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