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A new way to save with HSBC Premier Relationship Savings1

Get rewarded with a better savings rate

Earn a higher Relationship 4.30% APY3 when you link an eligible Premier2 checking account and meet one of four eligibility criteria.

Standard APY

0.05% APY3

Relationship APY

4.30% APY3

You just need one of these to qualify for the Relationship APY each month:

  • Spend $500 on your debit card
    Make $500 or more in purchases or payments (excluding ATM withdrawals) using the HSBC Debit Card associated with your linked HSBC Premier checking account
  • Receive $5,000 in direct deposits
    Qualifying direct deposits of $5,000 or more into the linked HSBC Premier checking account
  • Have a $500,000 mortgage
    HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000
  • Hold HSBC Premier Elite customer status

If you meet at least one of these eligibility requirements during the month4, you will receive the Relationship APY the following month. If not, you will receive the Standard APY.

 

Benefits

Earn more with a Relationship APY

Earn a competitive APY when you meet at least one of the four eligibility criteria.

Bank anytime

Access our Personal Internet Banking with complimentary Bill Pay, and set up Bank-to-Bank Transfers5 or transfers between your HSBC accounts.

Build your relationship

Your savings balance counts toward your monthly minimum HSBC Premier2 balance requirement. Your Premier relationship provides access to our comprehensive global banking and investment* solutions.

Save safely

Your money is FDIC insured to the maximum permitted by law.

How to apply

Apply online

Already have an HSBC Premier relationship and want to apply for a sole Premier Relationship Savings account?

What you need to apply online

To open a Premier Relationship Savings account you need to have a qualifying HSBC Premier relationship which includes a new or existing:

  • HSBC Premier checking account and;
  • Maintain balances of $75,000 in combined U.S. Dollar personal deposit accounts and investment* balances OR recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s) per calendar month OR an HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000.

You will also need:

  • You must be 18 years of age and have a Social Security Number
  • Account information for funding your new account if you want to fund from outside HSBC

Note: By proceeding with the application you are accepting the terms and can meet the requirements listed on this page
 

What happens next?

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 Disclosures for more information.

Learn more

Speak to your Relationship Manager, contact us at https://www.us.hsbc.com/customer-service/contact-us or visit a Wealth Center to find out more about HSBC Premier Relationship Savings.

Enhance your HSBC relationship

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.

See Terms & Charges Disclosure for more information.

1 To qualify for an HSBC Premier Relationship Savings account, you need to maintain an U.S. HSBC Premier relationship.

2 To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and maintain:

  • Balances of $75,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment* accounts; OR
  • Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR
  • HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000, not an aggregate of multiple mortgages. Home Equity products are not included.
  • Consumers who maintain Premier Elite status.

A monthly maintenance fee of $50 will be incurred if one of these requirements is not maintained.

3 The Annual Percentage Yields (APYs) and balances for an HSBC Premier Relationship Savings account which are accurate as of {{currentDate}} are: Standard APY of 0.05% APY on balances of $1 or more and Relationship APY of 4.30% APY on balances of $1 or more when eligibility requirements are met. APYs are variable and subject to change after opening. Charges and fees may reduce earnings. Account is not available to business customers.

You may earn a Relationship APY on your HSBC Premier Relationship Savings account starting from the calendar month following when you open the account and monthly thereafter. (Customers who hold Premier Elite status at the time of account opening will earn the Relationship APY beginning that month. Premier Elite status will need to be maintained or other requirements met, as outlined below, to continue to receive the Relationship APY). In order to qualify for the Relationship APY, you must have a linked HSBC Premier checking account and meet one of the following requirements: 

I. A total of $500 or more in purchases or payments must be made through your HSBC Mastercard® Debit Card(s) and posted to a linked HSBC Premier checking account during the previous calendar month. Debit Card ATM withdrawals do not qualify as eligible transactions. Transaction posting dates will be used to determine qualification in any given month, which may in some instances differ from actual purchase dates.

II. A total of $5,000 in qualifying direct deposits from a third party to the linked HSBC Premier checking account during the previous calendar month. Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Government Benefits or other monthly income) made into your HSBC Premier checking account from third parties per calendar month.

III. Have an HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000 during the previous calendar month. For a customer with multiple HSBC Mortgages, only the mortgage with the highest original loan amount will be considered. Multiple loans will not be aggregated to determine the total loan amount for qualification purposes.

IV. Hold HSBC Premier Elite customer status.

The Qualification Period for the Relationship APY is from the 1st day of each month to the last Business Day of each month. If you meet the qualification requirements, your HSBC Premier Relationship Savings account will earn the Relationship APY for the entire following calendar month. Accounts that do not qualify will receive the Standard APY for the entire following month. 

If there are changes to your linked HSBC Premier checking account (it is closed, changed to a new account type or no longer linked to your HSBC Premier Relationship Savings account), you may no longer qualify for the Relationship APY, or the rates may otherwise change to those in effect at the time of the change. 

5 Transfer limits may apply only to transfers made online through the Bank to Bank Transfers service. HSBC reserves the right to apply a lower limit. 

HSBC Debit Mastercard® cards are issued by HSBC Bank USA, N.A.  

HSBC Premier World Mastercard® and HSBC Elite World Elite 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.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

* 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.

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 canceled or are subject to change at any time and cannot be combined with any other offer or discount. 

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

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