HSBC Premier $500 Checking Bonus (Available Online, Nationwide)

Available online nationwide, HSBC is offering a $500 when you open a new HSBC Premier checking account and complete qualifying activities.

The benefits of becoming an HSBC Premier client is having access to financial resources, ATMs worldwide, and products with some of HSBC’s best rates and features.

HSBC Premier Checking $500 Cash Bonus

Available online (nationwide), HSBC offers a staggering $500 bonus with Premier Checking account. Simply open a new checking account and meet certain requirements to earn your bonus!

• What you’ll get: $500 bonus
• Account Type: Premier Checking Account
• Availability: Offer only available online, nationwide.
• How to earn it:
  • Receive a $500 Welcome Deposit when you open your account by February 15, 2023 and complete qualifying activities
  • Make recurring monthly Qualifying Direct Deposits totaling at least $10,000 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 $500 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities.
  • Please note: The minimum monthly direct deposit requirement for the $500 Welcome Deposit Offer is different from the Premier Relationship minimum monthly direct deposit requirement.
• Credit inquiry: Soft Pull, which does not affect your credit

(Expires 02/15/2023)

How To Earn Bonus

Receive a $500 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, using this offer page, by February 15, 2022.
• Make recurring Qualifying Direct Deposits totaling at least $10,000 per month 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 $500 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It’s that simple.

What You Need To Apply:

• You must be 18 years of age and have a Social Security Number
• Current U.S. residential address and a U.S. residential address for the past one year
• Account information for funding your new account

Features Include:

• Global Banking
  • Free International account opening and portable credit history
  • Access your global HSBC accounts from one place with Global View
  • No fees for Global Transfers between eligible HSBC accounts worldwide
  • Covert, hold and send money abroad with no transfer fees with our Global Money account
• No HSBC Fees
  • No HSBC fees* on everyday banking transactions
  • No HSBC incoming or outgoing wire transfer fees
  • No foreign transaction fees using your Premier debit or credit card
  • No U.S. HSBC ATM fees worldwide

*A monthly maintenance fee may apply
Restrictions may apply see offer page for full details.

How To Waive Monthly Fee

HSBC Premier Checking:

The $50 monthly maintenance fee is waived if minimum balance requirements are met:

• To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and maintain balances of $75,000 in combined U.S. Dollar personal deposit accounts and investment balances OR
• Recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s) per calendar month OR
• Any HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000.

Business owners may use their qualifying HSBC U.S. Dollar commercial balances to qualify for a personal Premier relationship. A monthly maintenance fee of $50 will be incurred if one of these requirements is not maintained.

Fine Print

• This offer is available only online for applications completed using the ‘Apply now’ button on the offer webpage.
• You must be at least 18 years of age, have a Social Security Number, have a U.S. mobile number, currently have a U.S. residential address and have had U.S. residency for the past one year to apply for a deposit account online.
• To qualify for the HSBC Premier $500 Welcome Deposit you must: (1) open your new HSBC Premier checking account from August 15, 2022 through and including February 15, 2023; and (2) make recurring Qualifying Direct Deposits totaling at least $10,000 per month 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 $500 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities.
• Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Social Security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to this account by your employer or an outside agency (please check with your employer or outside agency to determine if they use the ACH network).
• Direct deposits that do not qualify include but are not limited to transfers from one account to another, mobile deposits, or deposits made at an HSBC Wealth Center or ATM. Customers who have a current or past HSBC account in the U.S. on file are not eligible for this offer.
• Eligible customers who take advantage of this offer cannot receive any other New Consumer Deposit Offers provided by HSBC Bank USA, N.A. New Consumer Deposit Offers are defined as incentives in the form of merchandise and/or cash bonus that are offered to consumers who open an eligible checking account and satisfy qualifying activities.
• All promotional offers, products and services offered by HSBC are subject to updates, modifications and/or termination by HSBC.
• Limit one Welcome Deposit per customer, including all individual and joint accounts — the first line name on the joint account is considered the customer for gift purposes.
• The Welcome Deposit to your HSBC eligible checking account will be reported on the applicable IRS form.
• To be eligible for the offer, your HSBC Premier checking account must be open without being changed to a product with lower requirements and in good standing at the time of fulfillment.

Bottom Line

Make sure you check out HSBC to learn more about the Premier Checking bonus promotion. Let us know your experience with bank or bonus by commenting below. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.

If you are interested in other deals HSBC has to offer, check out our updated list of HSBC Promotions. We will be constantly updating it as new promotions come about.

Check out out full list of Bank Promotions for more bank offers or more offers from HSBC here.

Disclaimer: Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. The information, including rates and fees, presented in the review is accurate as of the date of the review. Please refer to issuer website and application for the most current information. We may be paid for the content on this site.