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  2. HSBC

HSBC

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.15%SavingsOnline HSBC Premier Savings
1.20% - Synchrony Bank High Yield SavingsAdvertisement
0.95%1-year CD12 Month Online CD
1.40% - Synchrony Bank 12 Month CDAdvertisement
1.25%2-year CD2 to 4 Year Less 1 Day Telephone CD
1.65% - Synchrony Bank 24 Month CDAdvertisement
View all HSBC rates »

Overview / Commentary
www.us.hsbc.com
888-404-4050
1800 Tysons Blvd
McLean, VA 22102

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 March of 2017, it had grown to 5,793 employees at 230 locations. HSBC has an A health rating.

Related Posts

HSBC Offers Limited-Time 1.30% APY 5-Month Promo CD - 3/3/2017

HSBC is offering a 5-month Promo CD (1.30% APY, $1k min new money, w/checking) and Promotional Premier Savings (1.25% APY) that requires an HSBC Premier relationship.

1.30% APY 5-Month CD - $1,000 Minimum - Offer Closes April 28. - 3/2/2017

Earn 1.30% APY with our promotional 5-month CD. Offer applies to new and existing HSBC consumer checking customers who open a 5-month CD with New Money. Limited time only. This offer requires each of the elements to be met: An HSBC Premier, Advance, Choice Checking or Basic Banking checking account is required to open the promotional 5-month CD. This CD is offered from January 17, 2017, through April 28, 2017 with the stated Annual Percentage Yield (APY); a penalty may be imposed for early withdrawal; and the minimum deposit to open and obtain the APY is $1,000. HSBC Premier, Advance, and Choice Checking are relationship products requiring a checking account. Monthly maintenance fee will be incurred if minimum requirements are not maintained for your account relationship. Premier relationship requires the maintenance of $100,000 in U.S. personal deposit and investment balances to avoid a monthly maintenance fee of $50. Advance relationship requires the maintenance of $10,000 in U.S. p

1.25% APY Premier Savings $100K Minimum New Money Deposit - 2/13/2017

$1000,000 new money, plus must open checking account. From web site: Earn 1.25% APY when you open an HSBC Promotional Premier Savings account from January 17, 2017 through April 28, 2017 and fund it with New Money until August 31,2017. Requires an HSBC Premier1 relationship.

View all posts from:

11/7/14 - HSBC Promotes Advance Checking with $300 Bonus
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
6/22/12 - Checking Account Disclosure at Some Banks Require Customers To Pay All Costs in Legal Disputes
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
9/11/09 - HSBC Direct Online Payment Account $50 Bonus
8/1/09 - HSBC Direct's Online CDs - Competitive Rates with Some Nice Features
3/3/09 - Checking Account Bonus and Latest News at HSBC
1/21/09 - $150 Gift Checking Account Bonus at HSBC Bank
12/16/08 - $100 Checking Account Bonus at HSBC Bank
11/27/08 - 4.00% 6-Month Online CD at HSBC Direct
10/3/08 - HSBC Direct's New 6.00% Savings Account Promo
6/3/08 - Update on HSBC Online Savings Account Promo and a New Checking Account Bonus
6/2/08 - HSBC Direct's New Savings Account Promo - 3.50% Guaranteed to 8/15/08
4/22/08 - Update on HSBC Checking and Savings Account Bonuses
4/22/08 - HSBC Checking and Savings Account Bonuses
1/29/08 - More Falling Savings Account and CD Rates
12/21/07 - HSBC Direct Lowers Savings Account Rates - Offers More CDs
12/3/07 - $25 Bonus for Paying Bills Using HSBC's Online Payment Account
9/26/07 - $75 Bonus for HSBC Interest Checking Account - Online Savings Account Yield Falls to 4.50%
8/26/07 - $75 Bonus for HSBC Interest Checking Account - Update
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?
4/28/07 - $50 Sign-Up Bonus for HSBC Premium Money Market Plus Savings Account
2/25/07 - $75 Bonus for HSBC Interest Checking Account
2/9/07 - Problems at HSBC's US Operations
2/9/07 - 6% Savings Account Promos Like Yesterday's Toasters
1/28/07 - HSBC's 6% Savings Account Promo Update and $25 Checking Account Bonus
1/16/07 - HSBC's New Website - Not Much Change for Current Customers
10/27/06 - Another $25 Bonus at HSBC for Using Bill Pay
8/19/06 - 6.50% 12-Month CD at a HSBC New York Branch.
8/19/06 - HSBC Smart Package Signup Bonus - Valued at $179
7/17/06 - $25 Bonus for Using HSBC Bill Pay
6/30/06 - HSBC Direct Raises Savings Account to 5.05%
6/20/06 - HSBC Direct Online Savings Now 4.80%
6/10/06 - HSBC Signup Bonuses - Online Savings Account and Checking Account
5/18/06 - It's Official. HSBC Online Savings Account Now at 4.65%
5/17/06 - HSBC Direct's Online Savings Being Raised to 4.65%
5/3/06 - $25 HSBC Checking Account Bill Pay Deal
4/28/06 - HSBC's Online Savings Account Rate to 4.50%
3/26/06 - $50 HSBC Smart Checking Package Bonus Update
3/17/06 - HSBC Savings and Checking Account Bonus Updates
2/21/06 - New and Extended HSBC Checking Account Bonuses
2/1/06 - Official Details on HSBC's 4.80% Savings Account
1/30/06 - HSBC Direct Raises Savings to 4.80%
1/29/06 - Will HSBC's Savings Reach 4.50% This Week?
1/22/06 - HSBC Smart Checking Package $50 Bonus
1/5/06 - Timing Your HSBC External Transfers
12/29/05 - HSBC Direct Signup Bonus Received
12/20/05 - Opening an HSBC Online Savings Account
12/15/05 - HSBC Raises Savings to 4.25%
11/30/05 - HSBC's New $25 Signup Bonus
11/4/05 - HSBC Online Savings Rate Now 4.0%
10/8/05 - HSBC's New Signup Bonus
9/20/05 - More Talk About HSBC's OnlineSavings Bonus
9/6/05 - HSBC Signup Bonuses?
9/1/05 - HSBC Raises Its Savings Account Rate
8/26/05 - The Deal at HSBC Bank

Reviews (22)

Loyal Customer

Posted by: BR | Feb 12, 2015

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!

3

Probably Leaving After 10+ Years

Posted by: DG | Dec 30, 2010

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

 

7

BEWARE! HSBC Pockets Interest & Lowers Rates

Posted by: undeposit | Jul 4, 2016

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%.

4

Remarkably Poor Telephone Center

Posted by: weiss800 | Jul 27, 2017

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.

2
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Health
A

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #57890
Year Established2004
Employees5793
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD3.72%
Annual Interest Income$993.9MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$200.4B$198.8B
LoansQ1 2017vs Q1 2016$68.37B$79.38B
DepositsQ1 2017vs Q1 2016$150.4B$144.8B
Equity CapitalQ1 2017vs Q1 2016$23.82B$24.08B
Loan Loss AllowanceQ1 2017vs Q1 2016$920.9MM$1.02B
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$1.29B$1.31B
Real Estate OwnedQ1 2017vs Q1 2016$23.8MM$32.2MM
Rates
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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

APYMINMAXACCOUNT NAMEVIEW 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%*$10k*-HSBC Advance Online Savings Account
OTHER TIERS: 0.01% → Up to $10k
0.05%*$15k*-Telephone HSBC Advance Savings
OTHER TIERS: 0.01% → Up to $15k
0.01%$100-Online HSBC Everyday Savings
0.01%$100-Telephone HSBC Everyday Savings

HSBC Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW 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
Locations

HSBC has 246 locations. Click to view all HSBC locations.