HSBC checking $5,000 Bonus

Requirements

• Meet a Qualifying Balance of $150,000+ in new money within 20 days of account opening (tier determines bonus, up to $5,000 at $1M+)
• Maintain the Qualifying Balance for 3 full consecutive calendar months following the account-opening month
• New customers only — no current or past HSBC U.S. account on file
• Must remain opted-in to HSBC marketing emails to qualify

Cash you need to float: $150,000

Timeline

1. Fund the account within 20 days of opening.
2. Maintain the qualifying balance/activity for 90 days.

Bonus tiers

• $1,500 — Deposit/invest $150,000-$249,999: park $150,000, hold 90 days
• $2,500 — Deposit/invest $250,000-$499,999: park $250,000, hold 90 days
• $3,500 — Deposit/invest $500,000-$999,999: park $500,000, hold 90 days
• $5,000 — Deposit/invest $1,000,000+: park $1,000,000, hold 90 days

Closing the account (what we verified)

• Bonus typically posts within 56 days of completing requirements.
• Monthly fee: $50 (waived: Waived for the account-open month plus the following 3 calendar months; ongoing waiver requires $100,000+ combined US consumer deposit/investment balances, OR $5,000+/mo third-party direct deposits, OR an HSBC US residential mortgage serviced by HSBC, OR Private Bank status).

Other current bonuses

• E*TRADE IRA $5,000 bonus
• TradeStation brokerage $3,500 bonus
• Citibank checking $2,000 bonus