Quontic vs HSBC Bank
Quontic is an innovative digital bank offering checking accounts with high rewards. How does it compare to HSBC? Read our comparison chart below.
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Quontic | HSBC Bank | |
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CD Rates - Up to 2.30% APY - | HSBC $500 Premier Checking Bonus - | |
Benefits and Features | ||
Savings | Premier Relationship Savings: 0.50% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY) | |
CD | 0.95% - 2.30% APY; Terms of 6 months to 5 years; $500 minimum | 0.65% to 1.26% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 1.01%. Minimum deposit of $1,000 to open. |
Checking | High Interest Checking: Up to 1.01% APY Cash Rewards Checking: 1.5% cashback Bitcoin Rewards Checking: 1.5% Bitcoin | Premier 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 | ||
Customer Service | ||
ATMs | Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates. | |
Locations | 25 branches in the US; Global presence in more than 64 countries and territories worldwide | |
CreditDonkey® Reviews | ||
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Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Innovative digital bank offering checking accounts with high rewards... | Large full-service global bank... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Quontic: Pricing information from published website as of 08/14/2021 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. |
CD Rates - Up to 2.30% APY
- $500 minimum opening deposit
- FDIC insured
Term | CD Rates |
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6 Months | 0.95% APY |
1 Year | 1.25% APY |
2 Years | 1.76% APY |
3 Years | 1.95% APY |
5 Years | 2.30% APY |
High Interest Checking - Up to 1.01% APY
- Earn up to 1.01% APY
- $100 minimum opening deposit
- APY is based on the account balance and making at least 10 qualifying debit card point-of-sale transactions of $10.00 or more per statement cycle.
High Yield Savings - 0.75% APY
- 0.75% APY
- $100 minimum opening deposit
- No monthly service fees
HSBC Premier Checking - $500 Welcome Deposit
- Receive a $500 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities.
- Open your new HSBC Premier checking account online, using this offer page, by June 30, 2022.
- Make recurring Qualifying Direct Deposits totaling at least $10,000 per month from a third party to your HSBC Premier checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening.
- You will automatically receive the $500 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple.
- Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
Which is Better: Quontic 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 Quontic or Chase.