UFB Direct vs HSBC Bank

UFB Direct is a safe digital bank for high APYs on personal savings and MMAs. How does it compare to HSBC? Read our comparison chart below.

UFB Direct specializes in online savings accounts with competitive APYs. The UFB Savings has no monthly fees and comes with a complimentary ATM card, while the UFB Money Market has balance requirements but offers check-writing privileges.

While 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.

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

	Member FDIC	Member FDIC
	Visit Site	Visit Site
	UFB Direct	HSBC Bank
	SPECIAL OFFER UFB Secure Savings - Earn up to 5.25% APY - Learn More Read UFB Direct Review	SPECIAL OFFER HSBC Premier - Learn More Read HSBC Review
	Benefits and Features
Savings	Up to 5.25% APY	Premier Relationship Savings: 4.50% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY)
CD	N/A	4.00% to 4.70% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 4.70%. Minimum deposit of $1,000 to open.
Checking	N/A	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	Up to 5.25% APY
Mobile App	iOS & Android
ATMs	Free withdrawals at 91,000 ATMs across the nation	Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.
Customer Service	Mon - Fri: 8 am - 5 pm PT	24/7
Locations	Online only	25 branches in the US; Global presence in more than 64 countries and territories worldwide
	CreditDonkey® Reviews
Savings
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Competitive APYs Easy online banking Cons: Limited transactions No physical locations	Pros: Global presence Transfer money globally Priority customer service Cons: Limited US presence High account minimums
Bottom Line	Safe digital bank for high APYs on personal savings and MMAs... Read full review	Full-service global bank ideal for high net worth expats and travelers... Read full review
	Visit Site	Visit Site
	UFB Secure Savings - Earn up to 5.25% APY UFB Secure Money Market - Earn up to 5.25% APY	HSBC Premier 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. UFB Direct: Pricing information from published website as of 04/11/2024. HSBC: Data points including rates, fees, terms, and benefits was obtained on 04/11/2024 from published websites and is believed to be accurate, but not guaranteed.

Which is Better: UFB Direct 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 UFB Direct or Chase.

Articles on UFB Direct

UFB Direct Review

UFB Direct offers high interest rates. But is it a safe choice? Find out in this review.

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UFB Direct Savings vs Money Market

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Articles on HSBC Bank

HSBC Bank

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.

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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.

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Which Do You Think is Best?