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.
 |  | |
 | | |
Quontic | HSBC Bank | |
|---|---|---|
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 | ||
| | |
| Savings |   | |
| Checking |  | |
| Customer Service | | |
| Mobile App | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Innovative digital bank offering checking accounts with high rewards... | Large full-service global bank... |
| | |
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 |
|---|---|
| 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.
Articles on Quontic
Quontic Bank
Quontic Bank aims to provide a better experience (and rewards) for those underserved by traditional banks. Review the rates, fees, and customer reviews.
Articles on HSBC Bank
HSBC Bank
HSBC Bank offers a full array of services for different needs. But there are downsides. Read on for the pros and cons.
HSBC Premier Checking Bonus
HSBC Premier Checking is offering a $500 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities. Find out how to qualify for this promotion.
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.
Which Do You Think is Best?
You Might Also Like
Best Online Savings Account
Good online savings accounts have a high interest rate, flexibility and are fully secured. Here are the best banks to consider.
Next Page: Quontic Bank Review
