Reviews
HSBC Premier Checking Account review: read before applying
Learn about the HSBC Premier Checking Account, including what it offers and who is eligible. Get a detailed overview of the account's features, fees, and benefits!
Advertisement
Open an HSBC Premier Checking Account and get the best banking products!
The HSBC Premier Checking Account, presented in this review, might be the right choice for financial needs, but it must be thoroughly reviewed before committing to it. So, read on to see its perks!
How to apply for the HSBC Premier Checking Account
Find out what you need to know before applying for an HSBC Premier checking account, and learn how to apply online.
With the HSBC Premier Checking Account, you’ll be able to earn up to 0.01% APY with $5 or more as a minimum balance. Keep reading to find out more!
Fees* | $50 monthly fee (there are ways to avoid this monthly fee). *Terms apply. |
Minimum balance | $75,000 minimum balance to waive the monthly fee. |
APY | 0.01% with $5 or more as a minimum balance. |
Credit score | 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. |
What is the HSBC Premier Checking Account?
The HSBC Premier Checking is an excellent bank account for those with the financial assets required to qualify for HSBC’s exclusive relationship status.
So, HSBC offers excellent benefits to its loyal customers, such as international banking advantages, high monthly balance requirements, and more.
However, HSBC Premier Checking has been highly reviewed and praised by customers for its excellent customer service and flexibility of membership levels.
And HSBC is focused on helping its customers manage their finances.
With HSBC Premier Checking Account, you can count on HSBC to deliver a top-notch banking experience that works around your needs.
Plus, you’ll need to open an HSBC Premier Checking Account if you want to apply for other HSBC financial products, such as credit cards and loans.
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
HSBC Premier Checking Account: how does it work?
The HSBC Premier Checking Account of this review is essential for you to proceed with finance or other applications. After all, it is a type of account that serves as the basis for many banking services.
However, you may incur some associated fees if you don’t have large amounts deposited. Check out the main pros and cons of this option below!
Advantages
- HSBC Premier Checking Account holders can transfer money for free to any other HSBC Premier Checking Account holder anywhere in the world;
- There are no U.S. HSBC ATM fees charged to Premier Checking account holders when they use an HSBC ATM worldwide;
- Premier checking account holders earn interest on their deposited funds;
- Customers have access to physical branches and a nationwide network of ATMs.
Disadvantages
- A minimum required balance needs to be high for fees to be eliminated;
- Interest rates for current account income are low compared to other market options;
- $50 monthly maintenance for those who don’t reach a minimum account balance.
Does your credit score need to be good?
The HSBC Premier Checking Account in this review is a deposit-oriented account.
Therefore, the official HSBC and user pages do not provide a figure for the minimum required credit score.
However, you need to have significant deposit amounts not to have associated monthly fees. If you don’t have a significant credit score, you need at least a good amount of money.
Want to apply for the HSBC Premier Checking Account?
The HSBC Premier Checking Account featured in this review is a great option to extend your financial life.
However, knowing how to apply correctly and the requirements is important. Discover this and more in the post below.
How to apply for the HSBC Premier Checking Account
Find out what you need to know before applying for an HSBC Premier checking account, and learn how to apply online.
Trending Topics
10 best crypto to invest in 2023
Several exciting cryptocurrencies are set to make a big impact in the market. But what is the best crypto to invest in? Read on and find out!
Keep ReadingGet your money fast: Apply for U.S. Bank Personal Line of Credit
Are you looking for a flexible and affordable line of credit? Then apply for U.S. Bank Personal Line of Credit - up to $25K!
Keep Reading700 credit score: is it good enough?
Wondering if a 700 credit score is good enough to get you the best interest rates and terms on loans? Find out now.
Keep ReadingYou may also like
Bank of America® Unlimited Cash Rewards credit card full review
The Bank of Bank of America® Unlimited Cash Rewards credit card offers up to 2.62% cash back on, unlimited redemptions and zero fees
Keep ReadingDestiny card or Indigo® Mastercard®: find the best choice!
Wondering if the Destiny or Indigo® Mastercard® with Fast Pre-qualification is right for you? Compare the features of both cards to find out.
Keep ReadingNetflix announces layoffs of 150 employees
As the streaming giant continues to face increased competition, Netflix is cutting an estimated 150 staffers in its latest round of layoffs.
Keep Reading