Terms and Conditions

Offer terms and conditions:

This offer requires each of the elements to be met. Customers who held any HSBC personal account between June 6, 2016 and September 6, 2016 are not eligible for this offer. A monthly maintenance fee will be incurred if minimum balance requirements are not maintained for your account relationship. HSBC Premier, Advance, or Choice Checking account must be open and in good standing at the time of gift fulfillment. Limit one welcome deposit of $350 per customer, including all individual and joint accounts – the first line name on the joint account is considered the customer for gift purposes. The welcome deposit to your HSBC checking account will be reported on the applicable IRS form(s). In situations where multiple offers are available, HSBC Bank USA, N.A. will fulfill the highest value offer you are eligible to receive. This offer cannot be combined with other deposit account opening offers. This offer is nontransferable. HSBC reserves the right to change or terminate this offer at its sole discretion.

The Annual Percentage Yield (APY) and balance for a Premier/Advance checking account which is accurate as of September 6, 2016 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. Choice Checking is a non-interest bearing account.

1 If direct deposit ceases, a $15 monthly maintenance fee will apply if balance requirements are not met. Qualifying direct deposits are electronic deposits of regular periodic payments made into your Choice Checking account through 3rd parties at least once per statement cycle. To avoid a monthly $15 maintenance fee for Choice Checking, you need to maintain direct deposit or $1,500 in total combined personal deposit and investment balances.

2 To qualify for an HSBC Advance relationship, you need to open an HSBC Advance checking account and maintain combined U.S. personal deposit and investment balances of at least $10,000 OR at least $5,000 with a recurring direct deposit from a third party to an HSBC Advance checking account at least once per monthly cycle. Business owners may use their HSBC commercial balances to qualify for a personal HSBC Advance relationship. A monthly maintenance fee of $25 will be incurred if minimum balance or minimum balance with direct deposit requirement is not met.

3 To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and maintain $100,000 in combined U.S. personal deposit and investment balances. Business owners may use their commercial balances to qualify for a personal Premier relationship. A monthly maintenance fee of $50 will be incurred if minimum balance requirements are not maintained.

4 HSBC Personal Internet Banking is required to sign up for HSBC’s online Bill Pay.

5 Qualifying direct deposits are electronic deposits of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government into your HSBC checking account.

6 Requires you be registered for HSBC Personal Internet Banking and have your credentials readily available. Data charges from your mobile service provider may apply. HSBC Bank USA, N.A. is not responsible for these charges.

7 HSBC Credit Cards are issued by HSBC Bank USA, N.A., subject to credit approval and may require a U.S. HSBC deposit relationship. To learn more, speak with an HSBC branch representative.

8 International account opening is not available in all countries and is subject to approval based on local regulations and policies of country or application.

9 This tool is a personal financial management service that allows certain customers to consolidate and manage their financial information by consolidating it in one place in an aggregated manner on Personal Internet Banking.

10 HSBC Advance MasterCard® credit cards are issued by HSBC Bank USA, N.A., subject to credit approval and require an HSBC Advance or Premier relationship. To learn more, speak with an HSBC branch representative.

11 Discounts and loan amounts depend on specific program and may require certain Premier or Advance balances, reserves, equity and automatic payment from an HSBC U.S. Premier or an HSBC U.S. Advance checking account. For home equity, the Premier and Advance APR includes an auto-pay discount of 1.00% and .50%, respectively.

12 To be eligible for an Advance Deluxe Mortgage, you must: (A) be an Advance relationship customer with a U.S. Advance checking account; and (B) have combined U.S. personal deposit and investment balances of at least $10,000 at any member of the HSBC Group located in the U.S. The Advance balance requirement must be fully funded before the closing of the mortgage loan.

13 HSBC Premier and Advance portable HSBC credit history are not available in all countries. Speak with an HSBC Representative to determine in which countries these benefits are available. Subject to credit approval.

14 HSBC Premier World MasterCard® credit cards are issued by HSBC Bank USA, N.A., subject to credit approval and require a U.S. HSBC Premier relationship. To learn more, speak with an HSBC Premier Relationship Manager.

15 To be eligible for an HSBC Premier Deluxe Mortgage, you must: (A) be an HSBC Premier relationship customer with U.S. Premier checking account; and (B) have combined personal deposit and investment balances of at least $100,000 USD or equivalent at any member of the HSBC Group (in the U.S. or home country). The Premier balance requirement must be fully funded before the closing of the mortgage loan.

United States persons are subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons should consult a tax advisor for more information.

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for property 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.

MasterCard® and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated.

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

 

HSBC Premier

Minimum Relationship Balance

Maintain $100,000 in combined U.S. personal deposit balances, investment balances and qualifying commercial balances

Online tools and services
  • Money Management Tools9
  • Personal Internet Banking
  • Mobile Banking6
Personal Support
  • Premier Relationship Manager
  • 24/7 Priority Call center
Credit card rewards

Our richest Rewards Program with travel benefits through the HSBC Premier World Mastercard® credit card10

Competitive Rates
  • Our best rates11 on Premier Deluxe Mortgages15
  • Rate discount of 1.00% on Home Equity Line of Credit11
International benefits
  • Complimentary International account opening8
  • Access to HSBC ATMs worldwide
  • Portable HSBC credit history13
Monthly maintenance fee

$50 per month, no fee if monthly minimum balance of $100,000 in combined balances is maintained

HSBC Advance

Minimum Relationship Balance

Maintain linked combined balances of at least $10,000 OR at least $5,000 with a recurring direct deposit from a third party to an HSBC Advance checking account at least once per monthly cycle

Online tools and services
  • Money Management Tools9
  • Personal Internet Banking
  • Mobile Banking6
Personal Support
  • In-branch
  • 24/7 Priority Call center
Credit card rewards

2X Rewards Program Points on dining and select entertainment purchases with the Advance MasterCard® credit card10

Competitive Rates
  • Preferential rates11 on Advance Deluxe Mortgages12
  • Rate discount of .50% on Home Equity Line of Credit11
International benefits
  • 50% discount on International account opening8
  • Access to HSBC ATMs worldwide
  • Portable HSBC credit history13
Monthly maintenance fee

$25 per month, no fee if monthly minimum combined balances of $10,000 OR a least $5,000 with a recurring direct deposit from a third party to an HSBC Advance checking account at least once per monthly cycle is maintained

Choice Checking

Minimum Relationship Balance Maintain $1,500 in combined U.S. personal deposit and investment balances
Online tools and services
  • Personal Internet Banking
  • Mobile Banking6
Personal Support
  • In-branch
  • Call center
Credit card rewards Flexible Rewards Program with the HSBC Platinum Mastercard® with Rewards Credit card7
Competitive Rates None
International benefits
  • International account opening options for a fee8
  • Access to HSBC ATMs worldwide
Monthly maintenance fee $15 per month, no fee with direct deposit or if monthly minimum balance of $1,500 in combined personal deposit and investment balances is maintained

How does it work?

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Open your new account

Begin a new HSBC Choice Checking1Advance2 or Premier3 relationship by opening a corresponding HSBC checking account from September 6, 2016 through November 18, 2016.

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Complete your qualifying activities

Pay at least two bills per month from your new HSBC checking account via HSBC’s online Bill Pay4 for three consecutive months within 120 calendar days of account opening.

OR

Receive at least one qualifying direct deposit5 per month into your new HSBC checking account for three consecutive months within 120 calendar days of account opening. A minimum cumulative amount of $3,000 is required.

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Get your $350

Qualified customers will automatically receive a $350 welcome deposit into their new HSBC checking account approximately eight weeks after completing all offer requirements.