HSBC
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.15% | Savings | Online HSBC Premier Savings |
| 0.95% | 1-year CD | 12 Month Online CD 1.45% - CIT Bank 11-Month No-Penalty CD |
| 1.25% | 2-year CD | 2 to 4 Year Less 1 Day Telephone CD |
HSBC is headquartered in Mclean and is the 2nd largest bank in the state of Virginia. It is also the 13th largest bank in the nation. It was established in 2004 and as of June of 2017, it had grown to 5,708 employees at 230 locations. HSBC has a B+ health rating.
Related Posts
3/2 - 1.30% APY 5-Month CD - $1,000 Minimum - Offer Closes April 28.
2/13 - 1.25% APY Premier Savings $100K Minimum New Money Deposit
9/19 - HSBC Latest Checking Bonus Earns $350
9/8 - $350 Checking Bonus With Minimal Requirements: Simply & Quick
6/16 - Up To $500 Referee Bonus And $100 Referer Bonus through July 1, 2016
1/25 - HSBC Promotional Premier And Advance Savings 1.01% APY
10/20 - Callable Step-Up CD
9/29 - HSBC Has Limited Time Advance Customer $350 Bonus
5/15 - HSBC Has High APY on Promotional Advance Savings - Limited Time Offer
5/13 - 1.5% Savings Account - Rate Good Through 1/19/16
2/13/14 - HSBC To Provide Free Security Device For Safer Online Banking
1/26/14 - HSBC Imposes Restrictions On Large UK Cash Withdrawals
8/6/13 - HSBC In UK Says Embassies And Vatican, You Have 60 Days To Find A New Bank
1/4/13 - Another Rate Drop At HSBC
12/10/12 - HSBC Rates Down Again
11/5/12 - HSBC Fears U.S. Money Laundering Fines To Top $1.5 Billion
8/21/12 - HSBC To Charge $12 Per Incoming External Xfer
7/31/12 - Rate Drop At HSBC
1/25/12 - Senate Is Investigating HSBC Bank For Money Laundering
8/4/11 - Special Offer From HSBC
8/2/11 - HSBC Branch Sale: The Known And The Unknown
7/31/11 - HSBC Bank USA Selling 195 Branches To First Niagara Bank
6/17/11 - HSBC To Sell Upstate New York Branches
4/17/11 - $25 Bonus In Savings Account... Current Savers Only
11/30/10 - HSBC Rate Drop
9/28/10 - HSBC Premier Promo Bonus
6/8/10 - HSBC Premier Promotion: Free Amazon Kindle
9/23/09 - HSBC Direct's Rate Promotion Extension and HSBC Bonus Update
8/1/09 - HSBC Direct's Online CDs - Competitive Rates with Some Nice Features
10/3/08 - HSBC Direct's New 6.00% Savings Account Promo
6/2/08 - HSBC Direct's New Savings Account Promo - 3.50% Guaranteed to 8/15/08
12/21/07 - HSBC Direct Lowers Savings Account Rates - Offers More CDs
6/4/07 - Details About HSBC Direct's Online Payment Account
5/29/07 - HSBC Direct's New Online Payment Account
5/25/07 - HSBC Direct's Next Offer?
2/9/07 - Problems at HSBC's US Operations
2/9/07 - 6% Savings Account Promos Like Yesterday's Toasters
1/16/07 - HSBC's New Website - Not Much Change for Current Customers
8/19/06 - HSBC Smart Package Signup Bonus - Valued at $179
1/5/06 - Timing Your HSBC External Transfers
12/20/05 - Opening an HSBC Online Savings Account
9/1/05 - HSBC Raises Its Savings Account Rate
8/26/05 - The Deal at HSBC Bank
Loyal Customer
I have been a loyal customer at this bank for over 12 years and happy with the services they provided. There was an issue with fraud with my bank card. A person had stolen my bank number and used it to make several purchases. The purchases added to well over $500. I was on the phone with customer to resolve the issue, which took no more than 10 minutes. The customer service representative understood the situation and had no problems crediting me the entire amount that was illegally charged. The representative understood the situation and had no problems resolving the issue. He had asked the right questions to assess the situation and appeared to be just as concern as I was. He made me feel that he actually cared about the situation and made sure the issue was resolved. He exhibited so signs of impatience or negativity. I did not feel like I had to jump through several hurdles to resolve the issue. I felt that he went above and beyond than what he was required to do to help me feel safe banking with HSBC. From the experience with the representative, I would not hesitate ever to call customer service with any questions or issues. Within a week, a new bank card was provided to me and had no problems since. Thank you so much HSBC!
Probably Leaving After 10+ Years
I have had an HSBC acount for over 10 years. I have laways had goodluck and their On-Line Savings account use to rock! Still a decent deal at 1% interest with no Minmimum Balance for the On-Line savings account. But over all they have gone down hill nad are really jacking their fees up.
So Long HSBC.....
Hello? Well, why do you think I am on Depositaccounts.com
BEWARE! HSBC Pockets Interest & Lowers Rates
HSBC does not pay interest unless it is credited to the account. If you close an account before the end of the statement period the interest for the partial month is lost because it is not credited to the account .
I opened a 13 month CD at 1.35%. At maturity it was converted to a MMA at .90%. But that was only for the next 6 months. Then the rate dropped to .15%.
Remarkably Poor Telephone Center
You call the number on their promotional material, it is the wrong number. You get put on hold. You then get bounced to someone else, Then you get disconnected. Then you call back, start over, and guess what -- they can't do it over the phone! Even though their literature says you can. After 40 minutes, the right person says that their literature doesn't tell you opening an account has to be done in a branch or else there is snail mail back and forth.
Only reason to use this bank is to get the occasional promotion.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57890 |
| Year Established | 2004 |
| Employees | 5708 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.38% |
| Return on Equity - YTD | 3.1% |
| Annual Interest Income | $2.03B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $191.9B$206.2B |
| Loans | Q2 2017vs Q2 2016 | $66.58B$75.78B |
| Deposits | Q2 2017vs Q2 2016 | $137.7B$151B |
| Equity Capital | Q2 2017vs Q2 2016 | $24.04B$24.25B |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $847.9MM$1.06B |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $1.36B$1.90B |
| Real Estate Owned | Q2 2017vs Q2 2016 | $20.3MM$30.8MM |
Always verify rates and promotions with the bank or credit union. We are not HSBC; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
HSBC Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $100k* | - | Telephone HSBC Premier Savings | ||
| OTHER TIERS: 0.01% → Up to $25k | 0.10% → $25k - $100k | |||||
| 0.15%* | $100k* | - | Online HSBC Premier Savings | ||
| OTHER TIERS: 0.01% → Up to $25k | 0.10% → $25k - $100k | |||||
| 0.05%* | $15k* | - | HSBC Advance Online Savings Account | ||
| OTHER TIERS: 0.01% → Up to $15k | |||||
| 0.05%* | $15k* | - | Telephone HSBC Advance Savings | ||
| OTHER TIERS: 0.01% → Up to $15k | |||||
| 0.01% | - | - | Online HSBC Everyday Savings | ||
| 0.01% | - | - | Telephone HSBC Everyday Savings | ||
HSBC Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | - | - | Online HSBC Premier Checking | |
| 0.01% | - | - | Online HSBC Advance Checking | |
| 0.01% | - | - | Telephone HSBC Premier Checking | |
| 0.01% | - | - | Telephone HSBC Advance Checking |
HSBC CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.30% | $1k | - | 24 Month Online CD | |
| 1.25% | $1k | - | 2 to 4 Year Less 1 Day Telephone CD | |
| 0.95% | $1k | - | 12 Month Online CD | |
| 0.90% | $1k | - | 9 to 12 Month Exactly 1 Year Telephone CD | |
| 0.75% | $1k | - | 6 Month Online CD | |
| 0.70% | $1k | - | 6 to 9 Month Less 1 Day Telephone CD | |
| 0.15% | $1k | - | 48 Month Online CD | |
| 0.10% | $1k | - | 30 Month Online CD | |
| 0.10% | $1k | - | 36 Month Online CD | |
| 0.05% | $1k | - | 18 Month Online CD | |
| 0.01% | $1k | - | 9 Month Online CD |
