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Grow your online savings with a 1.80% APY¹

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HSBC Direct Savings Benefits

  • Minimum deposit to open online is $1
  • There is no monthly maintenance fee
  • 24/7 online account access including Live Chat assistance
  • Deposit checks with your mobile device using HSBC Mobile Banking App2
  • Move money quickly and access your funds using online transfers (Federal Reserve Regulation D Transaction Limitations apply)
  • FDIC insured

Initial funding deposit must be New Money3

About us

No two financial journeys are the same, and we at HSBC understand that. As one of the world’s largest banking and financial services organizations, HSBC Group4 has been connecting Americans to global opportunities since 1865. 

  • Our worldwide network covers 67 countries and territories in North America, Europe, Asia, the Middle East, Africa, and Latin America
  • We serve more than 38 million customers worldwide
  • At HSBC Bank USA, N.A., we work with customers from offices and branches in cities that include New York, Los Angeles, Chicago, Atlanta, Houston, Seattle, Miami, San Francisco, and Washington D.C.

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.

4 The HSBC Group operates through a network of affiliates and subsidiaries around the world.

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