Banking » Compare Banks » U.S. Bank vs. American Express Bank: Which Bank Account Is Better?
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U.S. Bank vs. American Express Bank: Which Bank Account Is Better?

U.S. Bank is one of the largest brick-and-mortar banks in the US, while Amex Bank is among the best online banks. Let's compare them
Author: Baruch Mann (Silvermann)
Baruch Mann (Silvermann)

Writer, Contributor

Experience

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
Interest Rates Last Update: June 3, 2024
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Baruch Mann (Silvermann)
Baruch Mann (Silvermann)

Writer, Contributor

Experience

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
Interest Rates Last Update: June 3, 2024

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

U.S. Bank is one of the largest brick-and-mortar banks in the US. On the other hand, American Express Bank is among the best online banks, and both offer a great portfolio of credit cards

Let's compare their banking products side by side.

Checking Accounts

American Express offers a better checking account than U.S. Bank. However, U.S. Bank may be the preferred option for most consumers.

American Express has a free checking account with great features to manage your money and even interest on your balance. However, this is an online-only account, unlike U.S. Bank, which offers person-to-person customer service in hundreds of branches nationwide, a large network of ATMs, and more types of accounts with different features.

U.S. Bank has two main types of checking accounts for customers: Smartly Checking and Safe Debit. Both charge a monthly fee, but with Smartly Checking, you can avoid the fee, while Safe Debit fees cannot be waived.

U.S. Bank Account
Monthly Fee
Average Day Balance To Waive
U.S. Bank Smartly Checking
$6.95
$1,500
Safe Debit
$4.95
Cannot be waived

The Amex Rewards Checking is an interest-bearing checking with no monthly fees that easily managed through the user-friendly Amex App or online platform, allowing you to review transactions, transfer funds, and track rewards seamlessly.

Bank Account
Monthly Fee
APY On Balance
Amex Rewards Checking
$0
1.00%

The Safe Debit account is a checkless alternative with overdraft protection, no overdraft fees, and bonus features like free credit score access, alerts, and budget tools. 

U.S. Bank's Smartly Checking is a budget-friendly option, featuring interest earnings, a $50 overdraft grace, and easy management with low balance alerts, mobile check deposit, and automated budgeting tools. 

Both accounts provide mobile and online banking access, catering to diverse financial needs with a focus on affordability, convenience, and additional perks.

U.S. Bank Account
Main Features
U.S. Bank Smartly Checking
Smart Rewards, transfer money, set alerts, $50 overdrawn available
Safe Debit
Directly deposit paychecks, pay bills for free, no overdraft fees

Amex Rewards Checking lets customers earn Membership Rewards points on eligible Debit Card purchases without any monthly fees. Amex provides round-the-clock customer service and fraud monitoring for added security.

Using the Amex App, mobile check deposits become effortless, and digital transfers make it simple to move money between linked accounts, including the Amex High Yield Savings account.

Moreover, you have the option to add your debit card to your digital wallet, allowing for speedy and convenient payments both in-store and online.

Bank Account
Main Features
Amex Rewards Checking
Interest on balance, mobile check deposits, digital transfers, debit card with purchase protection, rewards your everyday spending
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Up to 3.30% APY
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• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
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Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 7/24/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 
Promotion:
$300 Use Promo Code “AXOS300” for a $300 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you'll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

Promotion:
Up to $4,000 New customers may earn up to $4,000 when they open an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024 and complete qualifying activities:

• Receive a cash bonus of $1,500 when you deposit or invest $100,000 – $199,999.99

• Receive a cash bonus of $2,000 when you deposit or invest $200,000 – $299,999.99

• Receive a cash bonus of $2,500 when you deposit or invest $300,000 – 499,999.99

• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

Savings Accounts

When it comes to savings accounts, American Express bank is a clear winner with competitive rates, no fees, and a bunch of perks for savers.

With American Express, customers can earn a competitive APY on their balance. Managing savings is easy with features like simple transfers and auto-deposits, and you'll have access to 24/7 customer service.

Like many brick-and-mortar banks, U.S. bank savings accounts offer relatively low rates.

U.S Bank Savings Account
Amex Savings Account
Savings Rate
up to 4.25%
4.25%
Minimum Deposit
$0
$0
Fees
$4 can be waived by $300+ daily ledger balance or $1,000 average monthly balance
$0

Certificate Of Deposits (CDs)

When comparing CD options, there is no clear winner.  Both Amex and U.S. Bank offer high rates only on specific CD terms.

While it may be okay for most consumers, it isn't the ideal situation for high depositors who want to to leverage CD investing strategies such as CD laddering and other combinations of short and long-term CDs.

CD Type
CD Term
APY
Standard CD
6 Months
0.05%
Standard CD
12 Months
0.05%
Standard CD
24 Months
0.05%
Standard CD
36 Months
0.10%
CD Special
7 Months
4.00%
CD Special
11 Months
4.70%
CD Special
13 Months
4.80%
CD Special
19 Months
4.95%
Step Up CD
28 Months
0.35%
Trade Up CD
30 Months
0.10%
Trade Up CD
60 Months
0.40%
CD Term
APY
Early Withdrawal Penalty
12 Months
4.35%
270 days interest
18 Months
3.25%
270 days interest
24 Months
4.00%
270 days interest
36 Months
3.00%
270 days interest
48 Months
3.00%
365 days interest
60 Months
3.00%
540 days interest

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Credit Cards

American Express wins when it comes to credit cards. It is one of the top credit card issuers in the US, with many cards and different types of cards, co-branded cards, and various redemption options.

For everyday use, there are simple cards like the Blue Cash Everyday Card® and the Blue Cash Preferred® Card from American Express.  If you're a more advanced user, Amex has fancier cards such as the American Express Gold® Card or The Platinum Card® from American Express.

Amex also has travel co-branded cards with different levels and perks. If you love Delta Air Lines, their cards give you Delta SkyMiles and cool benefits like boarding early and free checked bags. And if you're a fan of Marriott or Hilton hotels, their cards offer free nights, elite status, and bonus points when you stay at their hotels.

Card
Rewards
Bonus
Annual Fee

AMEX Blue Cash Preferred Card review

Blue Cash Preferred® Card from American Express
1-6% 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%) and selected U.S. streaming subscriptions, 3% cash back on transit and U.S. gas stations, 1% cash back on other purchases
$250 $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months
$95 ($0 intro for the first year)

Amex gold

American Express® Gold Card
1X – 4X 4X points at restaurants (including Uber Eats purchases in the U.S.) and U.S. supermarkets (up to $25,000 per year in purchases, then 1X points), 3X points on flights booked directly with airlines or on amextravel.com, 2X points on rental cars through amextravel.com and 1X points on all other purchases
60,000 points 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases with your new Card within the first 6 months of Card Membership
$250

amex platinum

The Platinum Card® from American Express
1X – 5X 5X points on up to $500,000 spent on directly-booked airfare and flights and prepaid hotels booked through American Express Travel (per calendar year), 2X points on prepaid car rentals through American Express Travel and 1X points on all other purchases
80,000 points 80,000 Membership Rewards® points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership
$695

Delta SkyMiles Gold American Express Card Review

Delta SkyMiles® Gold American Express Card
1X – 2X 2X miles on delta purchases, at restaurants worldwide (including take-out and delivery in the U.S) and at U.S. supermarkets, and 1x miles on all other eligible purchases
65,000 Miles 65,000 Bonus Miles after you spend $3,000 in purchases on your new Card in your first 6 months
$150, $0 intro first year

hilton honors card

Hilton Honors American Express Card
3X – 7X 7X Hilton Honors Bonus Points for each dollar of eligible purchases charged directly with hotels and resorts within the Hilton portfolio, 5x points at U.S. restaurants (including takeout and delivery) U.S.supermarkets, U.S. gas stations and 3x points for each dollar on other eligible purchases
70,000 points 70,000 Hilton Honors Bonus Points after you spend $2,000 in purchases on the Card in the first 6 months of Card Membership
$0

While not as famous as some other credit cards, U.S. Bank has a lineup that suits a variety of consumers.

They have two solid options with no annual fee – the Cash+ card for cashback and the Altitude Go card for point rewards. If you prefer a premium card, there's the new U.S. Bank Shopper Cash rewards with a high cashback rate and the Altitude Connect card that's great for travelers.

Lastly, for frequent travelers, there's the luxury Reserve Visa Infinite with premium benefits. U.S. Bank's credit card options offer something for everyone, from cashback enthusiasts to frequent flyers.

Card
Rewards
Bonus
Annual Fee

U.S. BANK SHOPPER CASH REWARDS® VISA SIGNATURE® CARD

U.S. Bank Shopper Cash Rewards
1.5% – 6% 6% cash back on your first $1,500 in combined eligible purchases each quarter at two retailers you choose, 3% back on your first $1,500 in eligible purchases each quarter on your choice of one everyday category, 1.5% back on all other qualifying purchases. Also, 5.5% back on reservations for hotels and prepaid car rentals when you book through the U.S. Bank Rewards Center.
$250 $250 bonus after you spend $2,000 in eligible purchases within the first 120 days of account opening
$95 ($0 on first year)

U.S. Bank Cash+™ Visa Signature

U.S. Bank Cash+® Visa Signature® Card
1% – 5% 5% cash back on purchases in two categories of your choice (up to $2,000 in combined purchases per quarter, then 1 percent). 5% back on prepaid air, hotel, and car reservations through the Rewards Center. 2% cash back on one choice everyday category. 1% back on all other purchases
$200 $200 bonus after spending $1,000 in eligible purchases within the first 120 days of account opening.
$0

U.S. Bank Altitude® Go Visa Signature® Card

U.S. Bank Altitude® Go Visa Signature® Card
1X – 4X 4x points at restaurants, take-outs & deliveries, 2x points at supermarkets, gas stations & streaming servicesm and 1 point for 1 dollar on all other purchases
20,000 points 20,000 bonus points when you spend $1,000 in eligible purchases within the first 90 days of account opening
$0

U.S. Bank Altitude Connect Visa Signature

U.S. Bank Altitude Connect Visa Signature Card
1X – 5X 5X points on prepaid hotels and car rentals booked directly in the Altitude Rewards Center; 4X points on travel, gas stations, and EV charging stations; 2X points on grocery stores, grocery delivery, dining, and streaming services; and 1X points on all other eligible purchases
60,000 points 60,000 points after spending $6,000 in eligible purchases on the account owner's card within the first 180 days from account opening
$95 (waived first year)

U.S. Bank Altitude® Reserve Visa Infinite® Card

U.S Bank Altitude Reserve Visa Infinite Card
1X – 5X 5 points per dollar on prepaid hotels and car rentals booked directly in the Altitude Rewards Center, 3 points per dollar on eligible travel purchases and mobile wallet spending and 1 point per dollar on all other eligible net purchases
50,000 points 50,000 points worth $750 on travel after spending $4,500 in the first 90 days of account opening
$400

Mortgage And Loans

When it comes to borrowing money, U.S. Bank offers more options for borrowers than Amex.

U.S. Bank offers mortgages for homebuyers, mortgage refinancing, home equity loans, personal loans, and car financing for both new and used vehicles.

Neither Amex or U.S. Bank offer student loans or other special loans such as boat or RV loans.

Which Bank Is Our Winner?

Our preferred choice is American Express, providing a comprehensive banking package that outshines U.S. Bank, especially for those with deposit requirements.

While both banks offers good checking options and credit card offerings, if you're looking for a high-rate savings account to park your money, American Express is the exclusive option. Conversely, U.S. Bank stands out for its physical locations and offers more favorable options for borrowers compared to American Express.

That being said, it is crucial to assess various factors, primarily focusing on those that are significant for your specific needs. This could include banking services, overdraft assistance, frequent ATM usage, proximity to bank locations, and other elements that vary from person to person.

Our Methodology: Breaking Down Bank Comparisons

In our thorough banking comparison, The Smart Investor team carefully reviewed and compared banks across five key categories:

  1. Checking Accounts (30%): We examined features like direct deposit, debit card availability, monthly fees, ATM and branch access, check deposit, bill pay options, and account alerts. We also considered any special offers available to customers.

  2. Savings Accounts and CDs (20%): Our focus was on important factors such as the Annual Percentage Yield (APY), minimum deposit requirements, account flexibility, FDIC insurance coverage, special savings offers, variety of CDs, automatic renewal options, and early withdrawal penalties.

  3. Credit Cards (15%): We analyzed rewards programs, annual fees, introductory bonuses, travel benefits, APR, and balance transfer options offered by each bank's credit cards to provide a comprehensive comparison of available features.

  4. Lending Options (15%): We assessed the variety of loan options provided, including personal loans, student loans, mortgages, secured loans, HELOCs, and Home Equity Loans, offering insights into the banks' lending capabilities.

  5. Customer Experience and Bank Reputation (20%): Our evaluation included an analysis of online banking and mobile app usability and ratings, accessibility of customer support, online reviews, JD Power research, Trustpilot ratings, and overall financial stability, providing a holistic view of customer experience and reputation.

Compare U.S. Bank With Other Banks

US Bank offers an even more impressive range of banking services. Savings and checking account options, investments, personal loans, mortgage products, and wealth management are all available.

Bank of America offers a wide range of banking services. There are numerous credit cards available, as well as various checking and savings accounts, home loans, investments, and auto loans.

Read Full Comparison: Bank of America vs US Bank: Which is Best For You?

Wells Fargo offers a diverse range of products, including checking accounts, savings accounts, loans, mortgages, and investments such as 401ks, IRAs, and wealth management options.

US Bank offers an even more impressive range of banking services. Savings and checking account options, investments, personal loans, mortgage products, and wealth management are all available.

Read Full Comparison: Wells Fargo vs US Bank: Which Bank Account Is Better?

While Chase and U.S. Bank offer many banking services, Chase Bank is our winner in this competition. Here's why – and what else to know: Chase vs. U.S. Bank

While U.S. Bank offers some better conditions when it comes to lending options, Citibank is our winner in this comparison. Here's why.

Citibank vs. U.S. Bank: Which Bank Account Is Better?

 

There is no clear winner in this battle, as both banks offer similar bank account types. But what about the rest? Here's our winner: U.S. Bank vs. KeyBank

There is no clear winner when comparing Huntington and U.S. Bank , but if we have to pick one – Huntington is our first choice. Here's why.

U.S. Bank vs. Huntington Bank: Which Bank Account Is Better?

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Our winner is U.S. Bank as it offers better package banking than Fifth Bank, but there are cases when Fifth Bank wins. Here's our comparison: U.S. Bank vs. Fifth Third Bank

Both U.S. Bank and BMO Bank are active in various states, such as Illinois, Wisconsin, Montana, and Minnesota. Here's our winner: U.S. Bank vs. BMO Bank

While Regions offers better checking options, U.S. Bank offers better credit card options. Let's compare them and see which is our winner: Regions Bank vs. U.S. Bank

U.S. Bank is one of the largest brick-and-mortar banks, while Ally is among the best online banks. Let's compare them and find our winner: Ally Bank vs. U.S. Bank

Compare American Express Bank

Discover Bank is a full-service online bank as well as a provider of payment services. Discover can be used for banking and retirement planning by individuals. Discover is best known for its credit cards with rewards, but it also provides personal, student, and home equity loans.

American Express is one of the world's most well-known credit card brand names. Customers can get a personal banking solution from American Express National Bank, which offers online savings and CD options. Personal savings accounts have a high potential yield. They do not, however, provide as many products as Discover Bank does.

Read Full Comparison: Discover vs American Express: Which Bank Account Is Better?

Capital One is a premium online banking service that offers convenient, dependable service and physical locations to anyone looking for them. Capitol One 360, in addition to providing a trustworthy and dependable service, has no hidden fees or minimums, allowing you to continue earning interest on your daily money. There are over 38,000 fee-free ATMs and over 2,000 Capital One ATMs to meet your money access needs.

American Express is one of the world's most well-known credit card brand names. Customers can get a personal banking solution from American Express National Bank, which offers online savings and CD options. Personal savings accounts have a high potential yield. American Express National Bank is a respectable, secure banking option that does not offer any extra features but does offer the most important one.

Read Full Comparison: American Express vs Capital One: Which Bank Is Better For You?

Although Chase Bank has a modern, trendy image, it is one of the oldest banks in the United States. JP Morgan Chase's consumer division, Chase Bank, is one of the largest banks in the United States. Even though its interest rates aren't particularly competitive when compared to online banks and credit unions, loyal Chase customers who keep a significant amount of money with the bank can earn slightly better rates.

American Express is best known for its credit card business. The financial services firm, on the other hand, has a banking subsidiary that offers high-yield savings and CD accounts. For those looking to save money with a well-known financial institution, the American Express High Yield Savings Account is a popular option.

Read Full Comparison: American Express vs Chase Bank

The Citi checking account is a fairly standard product. The account does have a $12 monthly fee, but it is waived if you make a qualifying deposit or make a qualifying bill payment. Overdraft protection is also available, which automatically transfers funds from your savings account to avoid overdraft fees.

Because the American Express savings account has a high yield, the number of withdrawals or transfers you can make each month is limited to nine. It's also a nice touch that American Express allows you to choose paper statements if you prefer the old-fashioned way.

Read Full Comparison: American Express vs Citi: Where to Save Your Money?

While CIT Bank lacks a credit card option, it does have a decent eChecking account, mortgages, and home loans. However, American Express has personal loans and an impressive choice of credit card options.

CIT Bank vs American Express: Which Bank Account Is Better For You?

While Amex has a decent checking account and better credit card options, Ally's CD and lending options are superior. Here's our comparison: American Express Bank vs. Ally Bank

For most consumers, Bank of America may be a better option. American Express is a solid option for customers with higher wealth. Here's why.

American Express Bank vs. Bank of America: Which Bank Account Is Better?

Chase Bank is our winner, while Amex and Chase offer great banking services and credit card portfolios. Here's our side-by-side comparison: American Express Bank vs. Chase Bank

While PNC Bank is a brick-and-mortar bank, American Express Bank's is an online bank. Let's compare their banking products side by side: American Express Bank vs. PNC Bank

Our preferred choice is American Express, which provides a comprehensive banking package that outshines Truist Bank. Here's how they compare: Truist Bank vs. American Express Bank

While TD offers a better selection of checking accounts and lending options, Amex is a great option for online banking. How do they compare? American Express Bank vs. TD Bank

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Amex comes out on top with a solid checking option (which Barclays doesn't have), an excellent savings account, and great credit cards.

Barclays Bank vs. American Express Bank: Which Bank Account Is Better?

American Express is our winner with a decent checking account, an impressive savings account, and a great selection of credit cards.

Synchrony Bank vs. American Express Bank: Which Bank Account Is Better?

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Baruch Mann (Silvermann)

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
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PNC bank logo

Promotion:
Up to $400 Open a new, select Virtual Wallet product and receive $500/$2,000/$5,000 or more in qualifying monthly direct deposits within 60 days to earn a $100/$200/$400 bonus.
Subject to state availability
PNC Virtual Wallet ® is available in AL, AZ, CA, CO, DC, DE, FL, GA, IL, IN, KY, MD, MI, NC, NJ, NY, NM, OH, PA, SC, TX, VA, WI, and WV. Virtual Wallet ® is offered in the state of MO with the exception of the Greater Kansas City area. Product availability may vary based on where you open your account and the Zip code of your primary address.

Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 7/24/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 

Promotion:
$300 Use Promo Code “AXOS300” for a $300 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you’ll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

penfed personal loan

APY on Daily Balances
0.15% APY on daily balances of less than $20,000 or 0.35% APY on daily balances of $20,000 up to $50,000
Get paid up to 2 days early
Set up direct deposits and get your paycheck up to 2 days early

Promotion:
Up to $4,000 New customers may earn up to $4,000 when they open an eligible HSBC Premier checking account from January 8, 2024 through March 27, 2024 and complete qualifying activities:

• Receive a cash bonus of $1,500 when you deposit or invest $100,000 – $199,999.99

• Receive a cash bonus of $2,000 when you deposit or invest $200,000 – $299,999.99

• Receive a cash bonus of $2,500 when you deposit or invest $300,000 – 499,999.99

• Receive a cash bonus of $3,500 when you deposit or invest $500,000+

• Earn an extra $500 when you set up recurring monthly Direct Deposits totaling at least $5,000 for 3 months
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

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