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Applying for the HSBC Premier Checking Account: learn how
Applying for the HSBC Premier Checking Account is simple and you can do it from the comfort of your own home. See what the requirements are and how to proceed.
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HSBC Premier Checking Account: Open your account and find the best perks!
The HSBC Premier Checking account is a premium banking solution offering exclusive member benefits to affluent individuals and families. You can learn how to apply for it in this post. So, read on!
However, to enjoy the credit card or loan products offered by HSBC, you must apply for a checking account. Also, you must know the minimum requirements and follow the steps to do this. So, read on to learn more!
Online application
The HSBC Premier Checking Accounts are designed for those who seek to experience a higher level of banking with HSBC.
The HSBC Premier Checking Account application can be made via the official HSBC website.
For this, you need to have your supporting documents of the requirements requested to open the account.
In possession of these documents, you will proceed with your account opening. Therefore, you must fill out a registration form with your personal and financial data.
Finally, just submit and wait for the evaluation. In addition, the bank may require a minimum initial deposit of $75,000 based on your details.
You will be redirected to another website
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Requirements
To open one of these accounts, you must meet certain requirements, including the fact that you must be 18 years or older. And have a Social Security Number, U.S. mobile number, and current U.S. residential address.
For customers who are non-U.S. citizens or have not lived in the U.S. for at least a year, HSBC offers an opportunity to open a Premier checking account with certain requirements.
To be eligible for HSBC’s Premier checking account, eligibility criteria include being at least 18 years of age, applying as an individual, and having your current location in one of HSBC’s accepted countries.
HSBC promotes convenient banking solutions and understands it may be difficult for those abroad who desire their own HSBC Premier checking account.
Apply using the app
Application for your HSBC Premier Checking Account is mainly made online. You can fill out the form through your smartphone or tablet browser. Then just follow the same steps as the online application.
However, it is interesting to download the official HSBC application. After all, this application allows you to monitor your deposits and better control your finances. To download, just go to the official app store.
It is available for both Android and iOS and has good user reviews. However, the application must be made only through the official website.
HSBC Premier Checking Account vs. Upgrade Rewards Checking Account
The HSBC Premier Checking Account is an excellent option for those with a lot of money to invest.
That way, you have reduced monthly fees and can still enjoy many benefits, such as other financial products.
However, you also get verified account services like the Upgrade Rewards Checking Account.
With this option, you can get 20% lower rates on loans and credit cards by Upgrade!
Furthermore, the second option has some very attractive yields. Check out the comparison:
HSBC Premier Checking Account | Upgrade Rewards Checking Account | |
Fees* | $50 monthly fee (there are ways to avoid this monthly fee). *Terms apply. | $0 ATM fees, account fees, and transfer fees. |
Minimum balance | $75,000 minimum balance to waive the monthly fee. | None. |
APY | 0.01% with $5 or more as a minimum balance. | Chance to pair this account with a 3.50% APY High Yield Savings account. |
Credit score | N/A. | N/A. |
Rewards* | If you open your account by February 15, 2023, you’ll be able to get a $500 welcome bonus as an eligible new cardholder (you may need to meet other requirements to qualify)! *Terms apply. | 2% cash back on everyday purchases; 1% cash back on other purchases. *Terms apply. |
Is the Upgrade Rewards Checking Account the best option for your finances? If so, read our post below to open your account!
How to apply for Upgrade Rewards Checking Account
Find out everything you need to know about how to apply for the Upgrade Rewards Checking Accounts. With unbeatable perks like 2% cashback. Learn more!
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