
HSBC Premier Checking
in Checking Accounts from HSBC Bank USA · Member fdic
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HSBC Premier Checking
in Checking Accounts from HSBC Bank USA · Member FDIC
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Monthly Fee | $0 - $50 |
ATM Fee: Out-of-Network | $0 |
Minimum Balance to Avoid Monthly Fee | $75,000 |
APY (Annual Percentage Yield) | 0.01% |
HSBC Premier Checking Review
HSBC Premier Checking is offered by HSBC Bank USA, a bank founded in 1865 and based in New York, NY. HSBC Premier Checking is available in 50 states (and Washington, DC).
- $450 Signup Bonus. Open a new account and you can get up to $450 (see terms and conditions for more details).
- Low APY. The maximum annual percentage yield for this account is only 0.01%, and you must keep a minimum balance of $5.
- Charges a monthly fee. This account charges a monthly maintenance fee of up to $50, but the fee is waived if you keep a minimum balance of $75,000, have a monthly direct deposit of $5,000, or $75,000 combined balance accross eligible accounts..
- Small minimum initial deposit. You only need $1 to open an account.
- Hard credit pull. HSBC Bank USA may require a hard pull on your credit report to open a checking account.
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Are checking accounts from HSBC Bank USA federally insured?
Yes, your HSBC Bank USA checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57890). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What APY does HSBC Premier Checking offer?
Description | |
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APY (Annual Percentage Yield) | 0.01% |
HSBC Premier 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 Premier Checking?
HSBC Premier Checking requires a minimum initial deposit of $1 to open an account.
Description | Amount |
---|---|
Minimum Initial Deposit | $1 |
APY Minimum Balance | $5 |
Minimum Combined Balance to Avoid Monthly Fee | $75,000 |
Minimum Direct Deposit to Avoid Monthly Fee | $5,000 |
Minimum Balance to Avoid Monthly Fee | $75,000 |
What fees does HSBC Premier Checking charge?
This account charges a monthly maintenance fee of up to $50.
Description | |
---|---|
Monthly Fee | $0 - $50 |
Paper Statement Fee | $0 |
ATM Fee: In-Network | $0 |
ATM Fee: Out-of-Network | $0 |
NSF Fee | $0 |
Overdraft Protection Fee (per transfer) | N/A |
Overdraft Item Fee | N/A |
Early Account Closure | $0 |
Returned Deposit Fee (Domestic) | $0 |
Debit Card Replacement Fee | N/A |
Bank Teller Fee | N/A |
Check Cashing Fee | N/A |
Online Bill Pay Fee | $0 |
Stop Payment Fee | N/A |
Check Image Service | N/A |
Check Copy | N/A |
Foreign Transaction Fee (Debit Card) | 0% |
Wire Transfer Fee - Domestic (Outgoing) | N/A |
Wire Transfer Fee - International (Outgoing) | N/A |
Wire Transfer Fee - International (Incoming) | $0 |
Returned Deposit Fee (International) | $0 |
Wire Transfer Fee - Domestic (Incoming) | $0 |
ATM Reimbursement Monthly Limit | N/A |
What features and perks does HSBC Premier Checking offer?
This account includes the following features:
- Signup Bonus - Open an account and you will receive a signup bonus of up to $450.
- Mobile Banking Services - HSBC Premier 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.
Contact
- Headquarters
-
425 Fifth Avenue
New York, NY 10018 - Visit Site
Promotional Offers
Other Services by HSBC Bank USA

Availability
- 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 Combined Balance to Avoid Monthly Fee | $75,000 |
Minimum Direct Deposit to Avoid Monthly Fee | $5,000 |
Minimum Initial Deposit | $1 |
Minimum Balance to Avoid Monthly Fee | $75,000 |
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