Earn up to $4,000 when you open a new HSBC Premier checking account and complete the qualifying activities¹

Don’t delay - offer ends March 27, 2024

 

Start an HSBC Premier relationship today. You’ll enjoy premium banking with both local and global benefits and access to wealth solutions offered through HSBC Securities, (USA), Inc.Ŧ

Discover what HSBC Premier can offer you

Enjoy the benefits of a Premier relationship

As an international bank, we understand that you have global, complex financial needs. We can help you make the most of your money, anywhere your money goes.
  • Access to wealth products, insights and advice from an HSBC Wealth Relationship Manager through HSBC Securities (USA) Inc.
  • Move money domestically and globally seamlessly and securely with our flexible money movement services
  • Credit portability that allows you to live, work and travel with HSBC Premier status around the world
  • Get a higher Relationship APY when you open an HSBC Premier Relationship Savings account2 and meet eligibility criteria3

Here's how it works

New customers may earn between $1,500 and $4,000 after opening an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024, and completing qualifying activities1.
  • Receive a cash bonus of $1,500 when you deposit or invest $100,000 to $199,999.99
  • Receive a cash bonus of $2,000 when you deposit or invest $200,000 to $299,999.99
  • Receive a cash bonus of $2,500 when you deposit or invest $300,000 to 499,999.99
  • Receive a cash bonus of $3,500 when you deposit or invest $500,000+
  • Plus, earn an extra $500 when you set up recurring monthly Direct Deposit of at least $5,000 for 3 months

Ready to apply?

Apply online or book an appointment with a Wealth Relationship Manager and mention this offer. If you want to apply for a joint checking account, you can book an appointment or add another account holder to the account once it’s been opened.

 

This offer is available online for applications using the 'Apply online' button on this webpage. Applications submitted through other pages on our website will not qualify for this offer.

 

Things to know:

  • You’ll need to deposit or investŦ at least $100,000 balance within 20 calendar days of opening your new checking account
  • You’ll need to maintain the required qualifying balance for 3 full consecutive months following the new account opening month
  • Your cash bonus will be deposited into your new checking account within 8 weeks of meeting all the offer requirements
  • This offer is available to applicants over 18 with a U.S. residential address only
  • To apply online:

     

    • You must be 18 years of age and have a social security number
    • You'll need a U.S. mobile number
    • You'll need a current U.S. residential address and U.S. residential address for the past one year

     

    If you don't currently meet these criteria but you're still interested in opening an account with us, you might be interested in our international banking services

Disclaimers

HSBC, we, our, or us refers to HSBC Bank USA, N.A., HSBC Securities (USA) Inc. and HSBC Insurance Agency (USA) Inc. HSBC Bank USA, N.A. provides banking products and services. HSBC Securities (USA) Inc. provides investment products and services and is an affiliate of HSBC Bank USA, N.A. HSBC Insurance Agency (USA) Inc. provides insurance products and services and is a wholly owned subsidiary of HSBC Bank USA, N.A.

 

Ŧ Investment, annuities, and variable life insurance products are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. In California, HSI conducts insurance business as HSBC Securities Insurance Services. License #: OE67746. HSI is an affiliate of HSBC Bank USA, N.A. Whole life, universal life, term life, and other types of insurance are offered by HSBC Insurance Agency (USA) Inc., a wholly owned subsidiary of HSBC Bank USA, N.A. Products and services may vary by state and are not available in all states. California license #: OD36843.

 

Investments, Annuity and Insurance Products: Are not a deposit or other obligation of the bank or any of its affiliates; Not FDIC insured or insured by any federal government agency; Not guaranteed by the bank or any of its affiliates; and subject to investment risk, including possible loss of principal invested.

 

All decisions regarding the tax implications of your investment(s) should be made in connection with your independent tax advisor.

 

Investment and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC.  HSI is an affiliate of HSBC Bank USA, N.A.

 

Terms and conditions


Offer valid from January 8, 2024, through and including March 27, 2024 (“Offer Period”). Only New Customers are eligible for this offer.  

 

Definitions

“New Customer” means a customer that does not have a current or past HSBC account in the U.S. on file.  Customers who have a current or past HSBC account in the U.S. on file are not eligible for this offer. 

“New Money” means deposits or investments not previously held by any member of the HSBC Group in the U.S.  New Money is determined at HSBC’s discretion. 

“Qualifying Balance” means the total amount of New Money in consumer deposit and/or eligible investment accounts being held by the New Customer (as “primary” account holder) at a determined timeframe described below. Consumer accounts/assets that are ineligible for Qualifying Balance: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts, including, but not limited to, IRAs, Keogh, Simple IRAs and 401(k) Plans; UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts.  

“Qualifying Direct Deposits” are electronic deposits of regular periodic payments (such as salary, pension, Social Security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to the New Account (defined below) by your employer or an outside agency (please check with your employer or outside agency to determine if they use the ACH network). Direct deposits that do not qualify include but are not limited to transfers from one account to another, mobile deposits, or deposits made at a Wealth Center or ATM.  

 

Terms to Qualify for Cash Bonus

New Customer must meet each of the following requirements to qualify for the Cash Bonus:  

  • Open a new HSBC Premier1 checking account (“New Account”) during the Offer Period; AND
  • Meet a Qualifying Balance of $100,000 or more of New Money in deposit and/or eligible investment accounts within 20 calendar days of opening the New Account; AND
  • Maintain the required Qualifying Balance for 3 full consecutive calendar months following the New Account opening month.

 

For purposes of determining whether the New Customer has maintained the required

Qualifying Balance and the associated Cash Bonus tier, the New Customer’s Qualifying Balance will be reviewed at the end of 3 full consecutive calendar months following the New Account opening month.  

 

The Cash Bonus amount is tiered and based on the Qualifying Balance, as follows: 

 

Qualifying Balance

Cash Bonus

$100,000-$199,999.99 

$1,500 

$200,000-$299,999.99 

$2,000 

$300,000-$499,999.99 

$2,500 

$500,000+ 

$3,500 

 

If all offer requirements are met, the Cash Bonus will be deposited into the New Account within 8 weeks from the date the New Account is fully qualified. Any payments may be subject to tax and will be reported to the Internal Revenue Service as required by applicable law. 

 

Terms to Qualify for Extra Cash Bonus of $500

New Customers who have met all the requirements for the Cash Bonus may qualify for an Extra Cash Bonus in the amount of $500 when the following requirements are also met:  

  • During the Offer Period, begin receiving Qualifying Direct Deposits totaling at least $5,000 per calendar month into the New Account on which the New Customer is “primary”; AND
  • Maintain the recurring Qualifying Direct Deposits for 3 full consecutive calendar months. 

The date of the first Qualifying Direct Deposit posted to the New Account starts the count of 3 full consecutive calendar months. For purposes of determining whether the New Customer has set up and Met Qualifying Direct Deposits for this offer, the New Account will be reviewed at the end of the third full calendar month following the New Account opening month.  

If all offer requirements are met, the Extra Cash Bonus will be deposited into the New Account within 8 weeks from the date the New Account is fully qualified for the Extra Cash Bonus. Any payments may be subject to tax and will be reported to the Internal Revenue Service as required by applicable law. 

 

Additional Terms:

  • New Account must be opened at a U.S. HSBC Wealth Center, with our Direct Relationship Team, or apply online at us.hsbc.com/premieroffer
  • New Customer must present this offer at account opening to redeem.
  • New Customer must be “primary” on the Premier checking account to which the Qualifying Direct Deposits are made.   Direct deposits made to an account on which the New Customer is not primary (e.g., “secondary”) will not qualify for purposes of this offer.
  • Offer is non-transferable and available only to applicants with a U.S. address who are at least 18 years of age. 
  • New Accounts opened online must be made through this webpage us.hsbc.com/premieroffer and are limited to New Customers. You must be at least 18 years of age, have a Social Security Number, have a U.S. mobile number, currently have a U.S. residential address and have lived in the U.S. for more than one year.
  • Your New Account must be open and in good standing at time of bonus fulfillment.
  • References to establishing and maintaining an investment balance/account is not intended to be a recommendation, as defined by the U.S. Securities and Exchange Commission. For individualized tailored recommendations, including establishing and maintaining an investment balance/account, based on your needs or objectives, please contact us for more information. 
  • All promotional offers, products, and services offered by HSBC are subject to updates, modifications, and/or termination by HSBC at any time without notice.  
  • Eligible New Customers who take advantage of this offer cannot receive any other New Consumer Deposit Offers provided by HSBC Bank USA, N.A. New Consumer Deposit Offers are defined as incentives in the form of merchandise and/or cash bonus that are offered to consumers who open an eligible checking account and satisfy qualifying activities. 

 

1.    To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and maintain: 

o   balances of $75,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment* accounts; OR 

o   monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR 

o   an HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of multiple mortgages. Home Equity products are not included. 

 

A monthly maintenance fee of $50 will be incurred if one of these requirements is not maintained. The Annual Percentage Yields (APYs) and balances for eligible interest-bearing HSBC Premier checking accounts which are accurate as of 01/08/2024 is 0.01% APY on balances of $5.00 or more. APY is variable and subject to change after opening. Charges and fees may reduce earnings.

 

2. To qualify for an HSBC Premier Relationship Savings account, you need to maintain a U.S. HSBC Premier relationship. 

 

3. You may earn a Relationship APY on your HSBC Premier Relationship Savings account starting from the calendar month following when you open the account and monthly thereafter. (Customers who hold Premier Elite status at the time of account opening will earn the Relationship APY beginning that month. Premier Elite status will need to be maintained or other requirements met, as outlined below, to continue to receive the Relationship APY). In order to qualify for the Relationship APY, you must have a linked HSBC Premier checking account and meet one of the following requirements:


I. A total of $500 or more in purchases or payments must be made through your HSBC Mastercard® Debit Card(s) and posted to a linked HSBC Premier checking account during the previous calendar month. Debit Card ATM withdrawals do not qualify as eligible transactions. Transaction posting dates will be used to determine qualification in any given month, which may in some instances differ from actual purchase dates.


II. A total of $5,000 in qualifying direct deposits from a third party to the linked HSBC Premier checking account during the previous calendar month. Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Social Security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to this account by your employer or an outside agency (please check with your employer or outside agency to determine if they use the ACH network). Direct deposits that do not qualify include but are not limited to transfers from one account to another, mobile deposits, or deposits made at a branch or ATM.


III. Have an HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000 during the previous calendar month. For a customer with multiple HSBC Mortgages, only the mortgage with the highest original loan amount will be considered. Multiple loans will not be aggregated to determine the total loan amount for qualification purposes.


IV. Hold HSBC Premier Elite customer status. Eligibility for HSBC Premier Elite status is available to holders of an HSBC Premier checking account who have maintained qualifying Personal Cash Accounts and Personal Investment Assets (excluding Retirement Accounts and Assets) in the United States that, in aggregate and calculated as an average over each calendar month, are equal to at least $1,000,000 USD (“Qualifying Balance”) for a period of at least 2 consecutive calendar months immediately prior to receiving Premier Elite status. If an account holder meets the eligibility criteria, they may receive Premier Elite status. Cash and investment assets that are not defined as eligible or that are held by an account holder with HSBC subsidiaries and affiliates in other countries, will not be taken into account in determining whether the Qualifying Balance has been met. See HSBC Premier Elite Terms and Conditions.


The Qualification Period for the Relationship APY is from the 1st day of each month to the last Business Day of each month. If you meet the qualification requirements, your HSBC Premier Relationship Savings account will earn the Relationship APY for the entire following calendar month. Accounts that do not qualify will receive the Standard APY for the entire following month.


If there are changes to your linked HSBC Premier checking account (it is closed, changed to a new account type or no longer linked to your HSBC Premier Relationship Savings account), you may no longer qualify for the Relationship APY, or the rates may otherwise change to those in effect at the time of the change.

 

*Investment and annuity products are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. HSI is an affiliate of HSBC Bank USA, N.A. 

 

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for properties located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount. 

 

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. 

 

For clients located outside of the U.S. - Our products and services are not specifically directed at individuals located in the European Union. Our U.S. representatives, as well as our public website, us.hsbc.com, provide products and services governed by U.S. laws and regulations. Our products and services, as well as their specific terms and conditions, are subject to change and may not be available in all territories or to all customers. If your product requires a contract, application, disclosure, or other document to be signed, such document(s) will be deemed executed in the U.S. and only acted upon after you have signed them and they have been received by HSBC in the U.S. If you are not located in the U.S., the laws, and regulations of your country of residence could affect the offering, negotiation, discussion, provision, and/or use of HSBC U.S. products and services. If you are not a U.S. resident, please read the specific cross-border product and service disclaimers, which are available on the Cross Border Disclosure page of our public website available at www.us.hsbc.com/crossborder.