HSBC Bank USA

Pros: Some of the best interest rates you can find, easy accounts set up
Cons: None

I recently received a nice sized distribution from my employer's profit-sharing plan and was looking for a place to park the money for a while. As always, I was trying to find a place where I could get a great interest rate, and after doing a little ...

Pros: Great interest rates, easy to use, good service, many locations
Cons: Wish there were more CD options

I was a longtime customer of HSBC Bank, and I am glad to say that I have reverted to my old habits. In the current economy, it is important to make sure that we have the smartest investments - whether they are stock market based or cash based. While HSBC ...

Pros: Best savings account interest on the Internet; now at 6.00 APY.
Cons: Lack of nationwide Branches and ATM's.

Saving for your children's future, the concept seems simple enough, but the actual practice can be daunting with every other avenue your hard earned dollars traverse. So when I finally did manage to start setting aside a little money every month I ...

Pros: High Interest Rates, No Monthly Fees, Great Service
Cons: Limited US Locations

Sorry if I gush; but alas, this is a love letter to HSBC. HSBC has the best combination of a savings and checking account that I have ever found. I use it as a supplement to my Wachovia checking account (...

Pros: Interest rates
Cons: Mortgage

A couple of years ago we started looking for a bank with higher rates than our local bank. I saw a lot of advertising for HSBC. When Kiplinger's magazine named HSBC the Best Online Savings Account, I thought what the heck and tried it. At the ...

Pros: Plenty of branches in NYC, Student checking advantages, flexibility
Cons: Got off to a rocky start, customer service can be better

I've had mainly good experiences with HSBC. I'm a college student in New York City, and there are plenty of branches located here, so the convenience is a plus. I can also bank at any branch I happen to be closest to. I live in a different area from...

Pros: Very secure, solvent multi-national financial institution, high rates, ACH transfers.
Cons: Complex procedures to set up accounts and customize features may require skill.

HSBC is one of those big banks that many Americans don't know much about. I use them because it hedges my bets in the event the US goes into an unfortunate and severe economic decline - HSBC is Asian - who knows if this would actually help save one's ...

Pros: Highest savings interest rate. 24-hour customer service line. No fee. No minimum.
Cons: No intention to resolve my issues or to gain my business. No postage-paid deposit envelope.

When I decide whether I want to do business with a bank, the interest rate they offer is not the sole determinant factor. There is no doubt that HSBC offers the highest savings interest rate, but I am very disappointed at their customer service. ...

Pros: None readily come to mind
Cons: Horrendous customer service

I admit it, I am a lazy American when it comes to things like dealing with big corporate monoliths. In 1993, I started a student checking account with Marine Midland when I was leaving for college, because they were based in Buffalo, NY, the same town I...

Pros: Easy to use, exceptional interest rate, very secure.
Cons: Takes a while to set up, takes a while to transfer funds between accounts.

I opened an online savings account with HSBC Direct a few months ago. So far, I've been very impressed. The account itself was pretty easy to open. That basically involved answering some simple questions. For some reason, it was unable to verify my ...

Pros: Among the best savings interest rates available
Cons: website, customer support, account setup feedback

Having accounts with both HSBC and ING, I can definitely say that HSBC's better rates come at a price, and that price is mediocre customer service and a poorly designed website. During the online savings account setup, you are prompted for the usual ...

Pros: None at all! Horrible company!
Cons: Very shady and unethical!

My husband and I refinanced our home through HSBC less than 2 years ago. Both my name and my husband's name was on the loan, and we specifically implied, and were assured that the real estate taxes and the insurance would be included in the mortgage-it ...

Pros: Fee free, exclusive, enhanced interest rates, cheap overdraft, useful extras, excellent personalised customer service
Cons: Exclusive

A number of years ago now, I felt the need to set up bank accounts for both of my children (back in the day they used to receive their allowances in cash) Both me and my wife have always banked with Coutts, feeling the need to give our children the same ...

Pros: competitive rates, fees avoidable
Cons: not global, inconvenient hours

I opened my first bank account when I was 15 at First Federal, which became Marine Midland, which is now HSBC. All these bank changes have been kind of confusing, but I have to say that I am satisfied with HSBC.

Fees!
My account...

Pros: Great student account
Cons: Not as plentiful as Chase or Citibank

After being scorched by the wrath of banks such as Citibank and Chase with their high checking account and ATM fees and then screwed by small savings banks like Independence Savings because of inconvenience and silly banking mistakes, I went searching...