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HSBC Advance Savings

Saving you time and money Apply now As a new to HSBC or existing HSBC customer

HSBC Advance Savings saves you time and money

  • Federal Reserve Regulation D Transaction Limitations apply
  • Connect your HSBC Advance Savings account to as many checking accounts as you wish - regardless of what bank they are with - and transfer funds between them
  • Enjoy the convenience of automatic transfers - set once for the amount and frequency you prefer and your money moves on time without extra effort
  • Funds are available anytime in your HSBC Advance Savings
  • Your money is FDIC insured to the maximum permitted by law

 

How to apply

New to HSBC

Begin an HSBC Advance relationship today to become eligible for an HSBC Advance Savings account

Or call: 866.909.1269

Existing customer

Log on to open an HSBC Advance savings account
 

Or call: 866.909.1269

The HSBC Advance Savings account is available to customers with an HSBC Premier checking or HSBC Advance checking account in the United States.

To qualify for an HSBC Advance relationship, you need to open an HSBC Advance checking account and maintain combined balances in U.S. Dollar personal deposit accounts and investment* balances of at least $10,000 OR of at least $5,000 with a recurring direct deposit from a third party to an HSBC Advance checking account at least once per calendar month. Business owners may use their qualifying HSBC U.S. Dollar 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.

* Investments 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.

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

Next Steps

Once you have submitted your online application, we will notify you if it can be approved online or if other information is needed to complete the application. All accounts will receive the Annual Percentage Yield (APY) and interest rate in effect when the account is opened and funded. See Terms & Charges Disclosure for more information.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person or entity that opens an account.

What this means for you: If you open a personal account, we will ask for your name, address, taxpayer identification number, date of birth, and other information that will allow us to identify you. Additionally, we will take certain steps to verify your identity, such as asking for your driver's license or other identifying documents or checking other sources. Similar identification requirements apply to non-personal accounts such as corporations and partnerships. Be assured that we recognize the importance of protecting your privacy and safeguarding the confidentiality of the information you provide to us.

Privacy and Security

HSBC recognizes the importance of protecting your privacy and we take great care to safeguard the confidentiality of your personal information. Visit our HSBC Security & Fraud Center to learn more about how HSBC helps keep your information secure, and what you can do to ensure a safe online experience.

Questions

If you need assistance or have questions about the application, please contact us or call 866.584.4722. You may also view Frequently Asked Questions.