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Grow your savings with a competitive rate¹

Earn a 1.60% APY for balances $15,000 or more¹
Apply today 

HSBC Direct Savings Benefits

  • Higher rate paid on $15,000 or more1
  • Managing your money is easy with 24/7 online account access including Live Chat assistance
  • There are no monthly maintenance fees 
  • 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

Apply online

See the HSBC Direct Savings Terms and 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: 0.01% APY on balances of less than $15,000, 1.60% APY $15,000 or more but less than $50,000, 1.60% APY $50,000 or more but less than $100,000 and 1.60% 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.