HSBC has two separate checking account bonuses that can earn you $350 or $750, depending on which account you open. Offer has been extended till January 6, 2020 and it’s now easier to get that big bonus.
Offer Requirements
For a limited time, we invite you to take advantage of our Welcome Deposit offer for new customers of up to $750 for opening an eligible new HSBC checking account with qualifying activities. Just choose the account that best suits your needs:
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Advance Checking
- Get $350 with a new HSBC Advance checking account with qualifying activities.
- Open your new HSBC Advance checking account online, using this webpage, by January 6, 2020; and
- Deposit a minimum Qualifying Balance of $5,000 or more in New Money in combined checking and savings accounts within 30 calendar days of account opening, maintain at least the minimum Qualifying Balance for 90 days from the date you deposited the minimum Qualifying Balance; and
- Set-up recurring Direct Deposit from a third party to an HSBC Advance checking account at least once per calendar month for 3 consecutive months following account opening month
- Get $350 with a new HSBC Advance checking account with qualifying activities.
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Premier Checking
- Get $750 with a new HSBC Premier checking account with qualifying activities.
- Open your new HSBC Premier checking account online, using this offer page, by January 6, 2020; and
- Make recurring Direct Deposits totaling at least $5,000 from a third party to your HSBC Premier checking account(s) per calendar month; and
- Receive monthly Direct Deposits totaling at least $5,000 into your checking account for 3 consecutive calendar months from the first full calendar month after account opening
- Get $750 with a new HSBC Premier checking account with qualifying activities.
Eligibility
The bonus is available nationwide and accounts can be opened online.
Customers who held an HSBC consumer deposit or investment account from June 2, 2016 through and including June 2, 2019 are not eligible for this offer.
Fees
All the eligible accounts come with fees.
- Advance Checking
- A monthly maintenance fee of $25 will be incurred if minimum balance or recurring direct deposit requirement is not met.
- $5,000 direct deposit
- $10,000 in combined personal deposit and investment balances
- A monthly maintenance fee of $25 will be incurred if minimum balance or recurring direct deposit requirement is not met.
- Premier Checking
- A monthly maintenance fee of $50 will be incurred if minimum balance requirement is not maintained.
- $75,000 in combined personal deposit and investment balances OR
- Recurring direct deposits totaling at least $5,000
- A monthly maintenance fee of $50 will be incurred if minimum balance requirement is not maintained.
Guru’s Wrap-Up
The $750 is easier this time around as it doesn’t require huge amounts to be deposited or keep the account fee free. You still need to complete $5K in direct deposits monthly for 3 months to get the bonus and continue to do it to waive the $50 monthly fee.
Just a warning that HSBC has not been very accommodating to say the least, when it comes to paying out the bonuses. Lots of people have had issues and it takes lots of back and forths to finally get your bonus sometimes. Even the account opening process occasionally takes a very long time.
