SuperMoney 

HSBC Advance Checking

in Checking Accounts from HSBC Bank USA

Claimed Visit Site

HSBC Advance Checking

Claimed

in Checking Accounts from HSBC Bank USA

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend HSBC Advance Checking to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Monthly Fee $0 - $25
Minimum Balance to Avoid Monthly Fee $5,000
ATM Fee: Out-of-Network $0
APY 0.01%

HSBC Advance Checking Review

Where is HSBC Advance Checking available?

HSBC Bank USA is based in New York, NY. It was founded in 1865 and offers banking services in 50 states (and Washington, DC).

Is HSBC Advance Checking insured by the FDIC

Deposits in HSBC Advance Checking are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts up to $250,000 per depositor.

What APY does HSBC Bank USA offer?

HSBC Advance Checking Rates and Terms
Rates Amount
APY 0.01%

HSBC Advance Checking offers an APY of 0.01% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $5.

What are the account minimums for HSBC Advance Checking?

HSBC Advance Checking requires a minimum initial deposit of $1 to open an account.
HSBC Advance Checking Account Minimums
Description Amount
Minimum Initial Deposit $1
APY Minimum Balance $5
Minimum Combined Balance to Avoid Monthly Fee $10,000
Minimum Direct Deposit to Avoid Monthly Fee $5,000
Minimum Balance to Avoid Monthly Fee $5,000

What fees does HSBC Advance Checking charge?

This account charges a monthly maintenance fee of up to $25.

HSBC Advance Checking Fees
Fees Amount
Check Cashing Fee $5
Check Copy Fee $5
Check Image Service $3
Early Account Closure $25
Non-Sufficient Funds $35
Overdraft Item Fee $35
Overdraft Protection Fee (per transfer) $10
Returned Deposit Fee (International) $12
Outgoing Domestic Bank Transfer Fee $35
Incoming Domestic Bank Transfer Fee $12
Outgoing International Bank Transfer Fee $35
Incoming International Bank Transfer Fee $12
Early Closure Fee $25
Paper Statement Fee $5

What features and perks does HSBC Advance Checking offer?

This account includes the following features:

  • Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
  • Signup Bonus - Open an account and you will receive a signup bonus of up to $350 if you deposit a minimum of $10,000.
  • Check images with statement - Reconciiling your accounts ank complying with document retention standards is easier when you have access to a copy of your checks.
  • Fraud monitoring - HSBC Advance Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Mobile Banking Services - HSBC Advance Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance $5
Minimum Initial Deposit $1
Minimum Combined Balance to Avoid Monthly Fee $10,000
Minimum Direct Deposit to Avoid Monthly Fee $5,000
Minimum Balance to Avoid Monthly Fee $5,000
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $0
Debit Card Replacement Fee $0
Online Bill Pay Fee $0
Monthly Fee $0 - $25
Paper Statement Fee $5
NSF Fee $35
Overdraft Protection Fee (per transfer) $10
Overdraft Item Fee $35
Early Account Closure $25
Returned Deposit Fee (Domestic) $12
Check Cashing Fee $5
Stop Payment Fee $30
Check Image Service $3
Check Copy $5
Foreign Transaction Fee (Debit Card) 3%
Wire Transfer Fee - Domestic (Outgoing) $35
Wire Transfer Fee - International (Outgoing) $35
Wire Transfer Fee - International (Incoming) $12
Returned Deposit Fee (International) $12
Wire Transfer Fee - Domestic (Incoming) $12
Bank Account Features
  • Automatic Savings
  • Branch Access
  • Check Images with Statement
  • Debit Card
  • Fraud Monitoring
  • Fraud Protection
  • Interest Bearing Account
  • Mobile Banking
  • Mobile Check Deposit
  • Nationwide ATM Network
  • No ATM Fees
Signup Deposit Requirement $10,000
Signup Bonus $350
APY 0.01%

Be the first to rate

 
 

Would you recommend HSBC Advance Checking to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Checking Accounts