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Earn a 1.80% APY on all balance tiers

Grow your savings with a competitive rate¹

HSBC Direct Savings Benefits

  • Minimum balance to open the account is $1
  • There is no monthly maintenance fee
  • Managing your money is easy with 24/7 online account access including Live Chat assistance
  • Move money quickly and access your funds using online transfers (Federal Reserve Regulation D Transaction Limitations apply)
  • Depositing checks is as simple as taking a picture with your mobile device using HSBC Mobile Banking2


Initial funding deposit must be New Money3

See the HSBC Direct Savings Terms & Charges Disclosure for more information. HSBC Direct Savings can only be opened online. ATM/Debit card is not available for this product.

1 The Annual Percentage Yields (APYs) and balances for an HSBC Direct Savings account which are accurate as of {{currentDate}} are: 1.80% APY on balances of less than $15,000, 1.80% APY $15,000 or more but less than $50,000, 1.80% APY $50,000 or more but less than $100,000 and 1.80% APY $100,000 or more. APYs are variable and subject to change after opening. Charges and fees may reduce earnings. Account is not available to business customers.

2 Data rate charges from your service provider may apply.  HSBC Bank USA, N.A. is not responsible for these charges.  Camera-in device required to be able to utilize HSBC Mobile Check Deposit. Deposit amount limits: $3,000 daily and $5,000 monthly.  HSBC Mobile Banking App is available for iPhone®, iPad® and Android, Fire and BlackBerry devices.

3 New Money is defined as deposits and investments not previously held by any member of the HSBC Group in the U.S. The Bank reserves the right, with notice, to transfer to any other deposit account that you have with HSBC Bank USA, N.A., any initial funding deposit that does not meet the definition of New Money.  The Bank, in its sole discretion, also reserves the right to return such amounts to you in an official cashier’s check.

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