HSBC Bank is a large multi-national bank and offers several checking accounts for different needs.
HSBC Direct is the online banking operation and offers high interest savings for just a minimum deposit of a dollar with no service fees.
Whereas, Wells Fargo is another well known bank with more than 5,400 locations offering 13,000 ATMs nationwide.
They offer a variety of checking account like Teen Checking or Opportunity Checking for those who have financial troubles.
Continue reading below for a more in-depth look for both HSBC Bank and Wells Fargo. You can choose to see which one fits your needs the most.
| PROMOTIONAL LINK | OFFER | REVIEW |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
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| HSBC Bank | Wells Fargo | |
| Locations | Over 240 branches on the East and West Coasts
HSBC Direct- Online only |
5,400 retail banking branches coast to coast. (Locator) |
| ATMs | HSBC ATMs in U.S.; HSBC ATMS abroad may incur additional fees and foreign conversion rates. | More than 13,000 ATMs across the country. |
| Savings | 5/5 | 2.5/5 |
| CD | N/A | 2/5 |
| Checking | 5/5 | 4/5 |
| Money Market | N/A | N/A |
| Customer Service | 4/5 | 4/5 |
| Mobile App | N/A | 4.5/5 |
| Pros | -Global presence -High online savings APY |
-Nationwide availability – Large ATM network – Mobile app features – 24/7 account monitoring |
| Cons | -Not in every state | – Make minimal interest – Pay a fee for overdraft protection |
| Bottom Line | HSBC offers a full array services like high-yield online savings and several checking options. | Wells Fargo offer nationwide access to ATMs and branch locations, offering unique features that your bank might not provide. |
Table of Contents
HSBC Bank Promotions
 • Get up to $600 with a 3% Cash Bonus Checking Offer when you open a new HSBC Premier checking account and complete the following qualifying activities. • Open your new HSBC Premier checking account online by June 30, 2021; and • Set up Qualifying Direct Deposits into your new HSBC Premier checking account; and then • Enjoy 3% Cash Bonus, up to $600, on Qualifying Direct Deposits up to $100 per month, during the first 6 calendar months after account opening • You will automatically receive the 3% Cash Bonus in your new HSBC Premier checking account approximately eight weeks after completing that month's qualifying activities. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. |
• Get a $450 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities. • Open your new HSBC Premier checking account online by June 30, 2021; and • Make recurring monthly Qualifying Direct Deposits totaling at least $5,000 from a third party to your HSBC Premier checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening. • You will automatically receive the $450 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. |
Wells Fargo Promotions
Wells Fargo Credit Cards
Compare to Other Banks
- HSBC Bank vs Citibank
- HSBC Bank vs Synchrony Bank
- HSBC Bank vs Capital One
- HSBC Bank vs Bank of America
- Huntington Bank vs HSBC Bank
Bottom Line
Which Bank is Better: HSBC or Wells Fargo?
In summary:
- HSBC is a well known bank with a solid reputation. They offer competitive rates on their online savings account!
- Wells Fargo offers nationwide access to their accounts, if you’re looking for basic banking features their accounts are to go to.
For more variety of options, see our list of the best bank account bonuses & savings account offers.
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