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A first step to building your financial future

HSBC Everyday Savings1

Savings Made Easy

If you're looking to move beyond your everyday banking needs, HSBC's Everyday Savings account is a good place to start.

Earn interest2 on your money while being able to add or withdraw money.3 

0.01% APY4

 

 

The HSBC Everyday Savings account is available to all consumers and has no monthly maintenance fee or balance requirements.

Benefits

Free Personal Internet Banking
24/7 online banking access so you can manage your money night and day.

Ready access
Your money is accessible – for planned purchases or emergency cash - when you need it3.

Set up automatic savings
Save time when you set up one or more automatic transfers for the amount and duration you prefer3.

HSBC Mobile Banking5

Your on-the-go solution.

 

Learn more

How to apply

Important Service Announcement

Effective May 26, 2021

Last year, we at HSBC Bank USA, N.A. (“HSBC” or “the Bank”) set out on a journey to be able to better cater to our clients’ needs globally and from a wealth management perspective. You may have seen a recent announcement from us about the next phase of this plan. As a result of this new focus for HSBC, we are streamlining parts of the Bank. This decision was not made lightly, but is necessary for us to best position the Bank for the future. As part of this, some of our branches, clients, and employees will be transitioned to another financial institution in the coming months. 
 

What this means for you

If you are:

  • An existing HSBC customer who is opening a new deposit account or applying for unsecured credit, and you have been notified that you’re being transitioned; or
  • A new HSBC customer who is applying for unsecured credit or opening any other deposit account than an HSBC Premier checking, savings or credit card account; or
  • A new or existing HSBC Retail Business Banking customer who is opening a new deposit account or applying for credit, then*

    * Any HSBC account(s) opened or applied for today will be transitioned to a new financial institution in the near future.
     
  • If you are interested in insurance or investments, please contact an HSBC Securities (USA) Financial Consultant. 

 

More details and FAQs can be found at us.hsbc.com/GoingForward

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Existing to HSBC?

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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.

You must be at least 18 years of age, have a Social Security Number, currently have a U.S. residential address and have had U.S. residency for the past one year to apply for a deposit account online.

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 888.404.4050

1 The HSBC Everyday Savings account is available to all consumers and has no monthly maintenance fee or balance requirements.

2 Interest rate and Annual Percentage Yield (APY) are variable and may change after account opening. Fees may reduce earnings on account. See Terms & Charges Disclosure for more information.

3 Subject to transfer limits and funds availability requirements. Federal Reserve Regulation D Transaction Limitations apply.

4 The Annual Percentage Yield (APY) and balance for an HSBC Everyday Savings account which is accurate as of {{currentDate}} is 0.01% APY on balances of $1.00 or more. APY is variable and subject to change after opening. Charges and fees may reduce earnings.

5 Data rate charges from your service provider may apply. HSBC Bank USA, N.A. is not responsible for these charges.

Investments and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. HSI and HSBC Insurance Agency (USA) Inc. (HIA) offer Insurance products. In California, HSBC does business as HSBC Securities Insurance Services, License # OE67746. HIA California License #: OD36843. Investment and Insurance Products: Not FDIC Insured | Not Insured by the Federal Government or any Federal Government Agency | Not a Deposit or other obligation of, or guaranteed by, The Bank or any Affiliate of the Bank | Subject to Investment Risk, including loss of Principal Invested. 

HSBC and its affiliates do not provide tax or legal advice. All decisions regarding tax implications of your Investments should be made in consultation with your independent tax advisor.

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

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