HSBC
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.90% | 1-year CD | |
| 0.01% | Savings | |
| 1.25% | 2-year CD | 2.70% - Capital One 24 Month 360 CD |
HSBC is headquartered in Tysons and is the 2nd largest bank in the state of Virginia. It is also the 14th largest bank in the nation. It was established in 2004 and as of June of 2018, it had grown to 4,712 employees at 230 locations. HSBC has a B+ health rating.
Related Posts
5/10 - Business Elite Savings Account: 2.01%, $10,000 New Money
1/26 - "1.50% TOWARDS CELEBRATING ANYTHING YOU WANT" 8 Month CD @ 1.50%APY
10/30 - Earn $350 When Opening New HSBC Advance Checking Account
3/3 - HSBC Offers Limited-Time 5-Month Promo CD
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
10/20/15 - Callable Step-Up CD
9/29/15 - HSBC Has Limited Time Advance Customer $350 Bonus
5/15/15 - HSBC Has High APY on Promotional Advance Savings - Limited Time Offer
5/13/15 - 1.5% Savings Account - Rate Good Through 1/19/16
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
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
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
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
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
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!
HSBC Online Savings account works like it should.
I use HSBC for an online savings account. I primarily chose HSBC because they were paying a higher interest rate than my local bank was. I have used the account to hold money for other purchases I may or may not have during the year when I need quick access to money. I have not had very many problems with deposits, though most of my deposits are just transfers from one bank to another and these are initiated entirely online. I have only had to contact customer service once when a deposit did not show up as scheduled, and the email system they have in place worked fine to get this corrected in a day or two. I would recommend this bank to anyone looking for a no frills online savings account.
Worst Checking Account Offer You'll Find?
Listen to their "Premier" checking account features: $0 OD fee, $0 NSF fee, $0 ATM fee, $0 Wire Transfer Fees, Unlimited ATM reimbursements... Sounds good, right? Nope. There is a $50 monthly maintenance fee that can only be avoided by maintaining a $100,000 balance at the bank. I hate that banks throw around terms like "Premier" and offer great features but have HUGE "gotchas" in the fine print. No thanks. I think I'll stick with Ally.
POOR BANK PRODUCT & CUSTOMER SERVICE
I applied for a checking account at HSBC and it was approved. I deposited into this checking account. I was not sent a PIN or account number by HSBC for my new account through e-mail or mail. I tried creating a personal internet banking account so I can access my checking account online. Because I was not given any information to create my internet banking, I called HSBC USA on the phone over 30 times. I received very slow service from the customer service representatives. When I was finally able to reach a representative, they gave me the number to HSBC security department. I called the security department multiple times and I was told that they will call me. I waited for the security department's call but I never received one. I was told to visit an HSBC branch but there are no branches where I reside. I informed this to HSBC but they purposely neglected to address this. After multiple attempts to create my internet banking by speaking to the customer representatives and receiving poor service, I asked if I can close my account with a full refund of the funds I transferred back to where the funds came from because it was advertised on HSBC's website that a customer can create a personal internet banking but this has not been provided to me. I was told that they cannot close my account. Due to the inability to access my funds and closed my account, the opportunity cost is high because I could I left the funds in my savings account with my other bank and generated interest in addition to my principal at no fees but HSBC has locked up my funds and I am unable to generate interest at no fees.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57890 |
| Year Established | 2004 |
| Employees | 4712 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.13% |
| Return on Equity - YTD | 1.05% |
| Annual Interest Income | $2.20B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $178.6B$191.9B |
| Loans | Q2 2018vs Q2 2017 | $64.10B$66.58B |
| Deposits | Q2 2018vs Q2 2017 | $130.6B$137.7B |
| Equity Capital | Q2 2018vs Q2 2017 | $23.18B$24.04B |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $531.4MM$847.9MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $828.6MM$1.36B |
| Real Estate Owned | Q2 2018vs Q2 2017 | $11.6MM$20.3MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
HSBC Brokered CD, 4.00%, 13 Years
It is also available from Merrill and I assume many other brokers.
This is a 13 year, callable CD @ 4.00%.
Non-callable for the first year. Callable, in whole only, quarterly thereafter.
Link to TD Ameritrade page: http://mail.tdameritrade.com/H/2/v4000001662fb91662a8848ff4bbe5be50/e3381248-d9f5-4acb-a6a2-a949971cfaf6/HTML
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 | |||||
| 0.15%* | $100k* | - | Branch HSBC Premier Savings | ||
| OTHER TIERS: 0.01% → Up to $25k | 0.10% → $25k - $100k | |||||
| 0.05%* | $15k* | - | Online HSBC Advance Savings | ||
| OTHER TIERS: 0.01% → Up to $15k | |||||
| 0.05%* | $15k* | - | Telephone HSBC Advance Savings | ||
| OTHER TIERS: 0.01% → Up to $15k | |||||
| 0.05%* | $15k* | - | Branch HSBC Advance Savings | ||
| OTHER TIERS: 0.01% → Up to $15k | |||||
| 0.01% | $1 | - | Online HSBC Everyday Savings | ||
| 0.01% | $1 | - | Telephone HSBC Everyday Savings | ||
| 0.01% | $1 | - | Branch HSBC Everyday Savings | ||
HSBC Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | $5 | - | Online HSBC Premier Checking | |
| 0.01% | $5 | - | Online HSBC Advance Checking | |
| 0.01% | $5 | - | Telephone HSBC Premier Checking | |
| 0.01% | $5 | - | Telephone HSBC Advance Checking | |
| 0.01% | $5 | - | Branch HSBC Advance Checking | |
| 0.01% | $5 | - | Branch HSBC Premier Checking |
HSBC CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.30% | $1k | - | 24 Month Online CD | |
| 1.25% | $1k | - | 24 Month Branch CD | |
| 1.25% | $1k | - | 24 Month Telephone CD | |
| 0.95% | $1k | - | 12 Month Online CD | |
| 0.90% | $1k | - | 12 Month Branch CD | |
| 0.90% | $1k | - | 12 Month Telephone CD | |
| 0.75% | $1k | - | 6 Month Online CD | |
| 0.70% | $1k | - | 6 Month Branch CD | |
| 0.70% | $1k | - | 6 Month Telephone CD |
