HSBC $100/$200 Checking Promotion + $100 For Referring A Friend ($1,000 Limit)

Offer at a glance

  • Maximum bonus amount: $200 + up to $1,000 in referrals
  • Availability: Nationwide
  • Direct deposit required: No
  • Additional requirements: Deposit of $10,000/$100,000
  • Hard/soft pull: Soft pull
  • Credit card funding: Unknown
  • Monthly fees: $20/$50 waiveable
  • Early account termination fee: None
  • Expiration date: None listed

The Offer

Direct link to offer

$100 HSBC Advance Checking Bonus

Receive a sign up bonus of $100 when you open an Advance checking account with HSBC, using somebodies unique referral code in branch or by calling 866.909.1271. You need to fund the account with at least  $10,000 in combined U.S. personal deposit and investment balances.

$200 HSBC Premier Checking Bonus

Receive a sign up bonus of $200 when you open an Premier checking account with HSBC, using somebodies unique referral code in branch or by calling 866.909.1271. You need to fund the account with at least  $100,000 in combined U.S. personal deposit and investment balances.

$100 Referral Bonus

For every friend that you refer that opens a HSBC Premier or Advance Checking Account with your unique referral ID you’ll receive a $100 bonus. You can earn a maximum of $1,000 per calendar year. To refer a friend go here and follow the prompts.

The Fine Print

  • To receive the referral credit:
    • The individual you refer must keep their account open for at least 15 days
    • The individual you refer must not currently hold, nor have held in the past 90 days, an HSBC personal account; and the individual you refer must provide your personalized referral code at account opening for you both to qualify to receive credit for the referral bonus
  • Allow 8 weeks for all bonuses to post
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Our Verdict

It’s best to thing about this bonus as a savings account bonus because of the large amount of funds that need to be deposited. Both accounts come with an APY of 0.01% (aka nothing) and would require you to keep the account open for 8 weeks to ensure you get the bonus. If we put $100,000 into a 1% APY account for 8 weeks we’d earn roughly $150, so the bonus we’d be earning is actually only $50 (not worth it, unless you can convince the friend that refers you to give you their $100 bonus as well).

If we put $10,000 into a 1% APY account for 8 weeks we’d earn roughly $15, so this would mean the $100 bonus is more like $85. Personally I don’t bother with bank bonuses unless they are $100+ in real value, but this could make sense for some (although there are a lot of bonuses out there that are much better).

In the past they’ve offered a $500 bonus on the Premier checking account ($100,000 must be kept in account for six months) and $150 for Advance checking ($25,000 balance required for six months)

Direct link to offer 

Hat tip to Maximizing Money
    William Charles
  • On August 7, 2015, 08:00

View Comments (7)

  • Hey . My name is Andrei . if someone interested to open HSBC account and recieve 500$, 250$ or 50$ bonus , please use my personalized referral code S013382504.I will really appreciate and I will send you 20$ as thank you , if you provide me with your pay pal information!
    My email is yasemchyk@gmail.com if you have any questions.

  • Email me (keyboard.little.sister@gmail.com) if you need the referral code and my information to open an account. I am happy to send you $15 via PayPal after I get referral bonus.

    Bonus: $500 (Premier Account)/$250 (Advance Account)/$25 (Choice Account)
    Deadline: open account before July 28, 2017
    Requirement:
    1. The new account must be fully funded with $100k (Premier Account)/$10k or $5k with direct deposit (Advance Account)/$1.5k or $0 with direct deposit (Choice Account) before Dec. 29, 2017, and maintain for 8 weeks to get the bonus.
    2. This new qualifying account must remain open for at least 15 business days.
    3. There may be a fee associated with closing accounts if they are closed before 6 months.

    Fee:
    1. maintain $100k (Premier Account)/$10k or $5k with direct deposit (Advance Account)/$1.5k or $0 with direct deposit (Choice Account) to waive the fee.
    2. They don’t charge the fee within 90 days when account is opened.

    Citizens/permanent resident can open the account by phone/ at branch, other US person need to open the account at branch.

  • Hello:

    I wanted to clarify a few things as I have heard that you may need a name to verify the account. If you need any information, you can email my husband at nick.smith.bank.bonuses@gmail.com. As I stated before, I am a very happy member of HSBC Bank. They recently updated their bonus so you can get $500/$250/$50 without direct deposit. You must have a peronal referral code. S013413200 is a code that will allow you to receive any of the larger bonuses mentioned above. You can visit https://www.us.hsbc.com/1/2/home/personal-banking/share?code=MIW0002064&WT.ac=HBUS_MIW0002064 to get an overview of the accounts. This really is a win win!

    • Hey Lexi, thanks for you code. I was able to sign up for the promotion no problem using your code. I hope you get your referral bonus. This was a very easy $250 bonus to get!

  • Hello . Please , if you are opening HSBC account to recieve 100$ bonus , use my personalized referral code S013293513. I will really appreciate !
    I own an HSBC premier checking and savings account . i’m cmpletely satisfied , especially as they’re giving me 1,01 % interest rate . I’ve made around 200 $ thanks to this high rate .
    My email is binimi_tiket@mail.ru if you have any questions

  • Hey . My name is Andrei . Please , if someone interested to open HSBC account and recieve 100$ bonus , use my personalized referral code S013382504. I will really appreciate ! and as thank you I would like to send 15 $ , if you have PayPal account .
    I own an HSBC advance checking and savings account . i’m definitely satisfied , especially as they’re giving me 1,01 % interest rate .
    My email is yasemchyk@gmail.com if you have any questions.

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