Premier Relationship Savings | Savings Accounts

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Premier Relationship Savings

Earn our best savings rate for an Introductory Period

When you open a Premier Relationship Savings[@QualPremRelSavAcc] account and link it to an eligible Premier[@premiereligibility] checking account, you'll automatically get the Relationship APY for the rest of the month and the following 3 months.

To keep earning the Relationship APY after the Introductory Period ends, simply meet at least 1 of the qualification criteria below every month[@relapypremrelsave], starting from the last month of the Introductory Period. If you qualify during the month, you’ll get the Relationship APY the following month. If not, you'll receive the Standard APY the following month.

Spend a total of $500 or more in purchases or payments using your HSBC debit cards.
Pay a total of $500 or more from your linked HSBC Premier checking account to your HSBC credit cards.
Receive a total of $5,000 or more in qualifying direct deposits from a third party to your linked HSBC Premier checking account.

You can also qualify by holding a U.S. mortgage serviced by HSBC or maintain HSBC Premier Elite status.

Annual Percentage Yields (APYs)[@apyvariableps]

Standard APY (minimum balance: $1)
0.05% APY

Relationship APY (minimum balance: $1)
3.75% APY

Check eligibility and apply

Things to know

Here's what you get with an HSBC Premier Relationship Savings account:

Earn: always earn our best savings rate as long as you continue to meet at least one of the qualification criteria each month.
Save safely: your money is FDIC insured to the maximum permitted by law.
Move money: easily transfer money domestically and internationally with our mobile and online banking.
Build your relationship: your savings balance counts toward your monthly minimum HSBC Premier balance requirement.

Steps to qualify for the Cash Bonus

Here's what you'll need to get the cash bonus:

Have an open eligible Premier Relationship Savings account as of February 28, 2025
Maintain $100,000 or more Premier Relationship Savings Balance Increase AND Total Deposit Balance Increase through June 30, 2025.
Add New Deposits of $100,000 or more into your eligible Premier Relationship Savings account by March 31, 2025.

New Deposits must result in:

Premier Relationship Savings Balance Increase of $100,000 or more from December 31, 2024, to March 31, 2025
Total Deposit Balance Increase of $100,000 or more from December 31, 2024, (Baseline Deposit Balance) to March 31, 2025

If all offer requirements are met, the Cash Bonus will be deposited into your Premier Relationship Savings account by August 29, 2025.

Cash Bonus tier is based on meeting and maintaining the required Premier Relationship Savings Balance Increase and Total Deposit Balance Increase.

Balance Increase: Cash Bonus

$100,000-$249,999.99: $1,000
$250,000-$499,999.99: $2,000
$500,000+: $3,000

What you'll need to apply

To open a Premier Relationship Savings account you must be an HSBC Premier client with a new or existing HSBC Premier[@premiereligibility] checking account and:

Be at least 18 years of age
Provide account information for funding your new account if you want to fund from outside HSBC

If you apply for a Premier Relationship Savings account but don't already have a Premier checking account, we'll redirect you towards a page where you can apply for one.

By proceeding with the application you are accepting the terms and agree you can meet these requirements.

Once you have submitted your online application, we will notify you if it can be approved online or if other information is needed to complete the application.

All accounts will receive the Annual Percentage Yield (APY) and interest rate in effect when the account is opened and funded. See Premier Relationship Savings Terms & Charges Disclosures for more information.

HSBC Premier Relationship Savings Terms and Charges Disclosure (PDF, 540.9kB) Download link

Apply for an HSBC Premier Relationship Savings account

Already an HSBC U.S. customer?

Apply this way if you're already an HSBC customer and are applying for a sole account.

Log on to apply This link will open in a new window

New to HSBC?

You'll need an HSBC Premier checking account before you can apply for a Premier Relationship Savings account.

Find out more

Speak to your Relationship Manager, contact us or visit a Wealth Center to find out more about HSBC Premier Relationship Savings.

Find a Wealth Center near you

Apply for a joint account

If you want to apply for a joint Premier Relationship Savings account, or don't meet the criteria to apply online, please leave your details and we'll call you back to help with your application.

Arrange a call back

Frequently asked questions

Premier Relationship Savings accounts that are linked to an eligible Premier checking account and meet at least 1 of 5 qualification criteria in the current month will receive the Relationship APY for the entire following month. If none of the qualification criteria are met in the current month, the account will receive the Standard APY in the following month.

You'll automatically receive the Relationship APY during the Introductory Period. However, to continue earning the Relationship APY after the Introductory Period expires, you must meet at least one of the qualifying criteria during the last month of the Introductory Period and each following month.

Example: A Premier Relationship Savings account opened on January 15 will receive the Relationship APY for the remainder of January (month of account opening), plus all of February, March, and April (3 full calendar months). For the account to receive the Relationship APY in May, you must meet at least one of the qualifying criteria in April (the last month of the Introductory Period).

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 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 wires, transfers from one HSBC account to another, mobile deposits using the HSBC mobile app and cash or check deposits made at a Wealth Center or ATM.

You may not have met the qualifying criteria during the previous month, or your Premier Relationship Savings account may no longer be linked to an eligible Premier checking account. Contact your Relationship Manager for more details.

If you have more than one Premier checking account, you must designate which account will be linked to your Premier Relationship Savings account at the time of account opening. This should be the Premier checking account that you will use to meet the qualifying criteria each month. For example, the Premier checking that you will receive monthly direct deposits, make monthly payments on your HSBC credit cards or use the associated debit card make monthly purchases.

See all Premier Relationship Savings FAQs This link will open in a new window

New Money Certificate of Deposit (CD)

Earn more with our highest yield CD when you fund with New Money. Exclusively for Premier clients.

HSBC Premier Savings[@QualPremSavAcc]

Benefit from tiered interest that offers higher rates on higher balances.

Online Certificate of Deposit (CD)

Make your Premier[@premiereligibility] relationship work harder for you with an Online CD that locks in an APY to give you steady earnings.

HSBC Premier checking

Make the most of life, no matter where you are now or where you’re going next.

Additional information

Procedures for opening a new account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person or entity that opens an account.

What this means for you: If you open a personal account, we will ask for your name, address, taxpayer identification number, date of birth, and other information that will allow us to identify you. Additionally, we will take certain steps to verify your identity, such as asking for your driver's license or other identifying documents or checking other sources. Similar identification requirements apply to non-personal accounts such as corporations and partnerships. Be assured that we recognize the importance of protecting your privacy and safeguarding the confidentiality of the information you provide to us.

Privacy and security

HSBC recognizes the importance of protecting your privacy and we take great care to safeguard the confidentiality of your personal information. Visit our HSBC Security & Fraud Center to learn more about how HSBC helps keep your information secure, and what you can do to ensure a safe online experience.

United States persons are subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons should consult a tax adviser for more information.

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for properties located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount.

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

Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

The APYs and balances for an HSBC Premier Relationship Savings account which are accurate as of {{currentDate}} are: Standard APY of 0.05% APY on balances of $1 or more and Relationship APY of 4.40% APY on balances of $1 or more when eligibility requirements are met.

HSBC Premier Relationship Savings

Earn our best savings rate for an Introductory Period

Annual Percentage Yields (APYs)[@apyvariableps]

Earn up to $3,000 with an HSBC Premier Relationship Savings account

Things to know

Here's what you get with an HSBC Premier Relationship Savings account:

Steps to qualify for the Cash Bonus

What you'll need to apply

What happens next?

Important documents

Apply for an HSBC Premier Relationship Savings account

Already an HSBC U.S. customer?

New to HSBC?

Open account at a Wealth Center

Apply for a joint account

Frequently asked questions

How does the Premier Relationship Savings account work?

Will I need to meet any of the qualifying criteria during the Introductory Period?

What is a Qualifying Direct Deposit?

I earned the Relationship APY last month, why didn't I earn it this month?

I have multiple Premier checking accounts. Which one do I link to my Premier Relationship Savings account?

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