HSBC - Bank Advertiser Offers

Receive a $125 Bonus When You Open an HSBC Direct Savings Account

This offer is exclusive to Slickdeals members and only applies to new applicants.
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If you're putting money into a savings account for an emergency fund or saving up for a big purchase, you might as well take advantage of offers that will yield better than average interest rates.

According to the FDIC, the average savings account nets American customers a 0.1% annual percentage yield (APY). That's not a good deal. Especially since there are much better options out there. This HSBC Direct Savings account, for example, can accrue a 2.30% APY with as little as $1 in the bank. That's 23x the return. If you had $10,000 in your savings account you would earn $10 a year in interest with a traditional one, versus $232 with a rate that HSBC offers.

Plus, Slickdeals users applying for the first time will receive an exclusive $125 bonus if they're approved! We'll show you how.

What's an HSBC Direct Savings Account?

Touted as "a smarter way to save," the online-only HSBC Direct Savings account lets you take advantage of one of the highest savings rates around with a 2.30% APY on all balance tiers.

HSBC Direct Savings accounts also include the following:

  • No monthly maintenance fees
  • $1 minimum balance to earn APY
  • Monthly compounding period
  • Mobile check deposits
  • Online transfers
  • eStatements
  • 24/7 online and mobile banking
  • Live chat assistance
  • Automated telephone banking
  • Member FDIC

Apply Now

What Will You Need to Apply?

In order to apply online, you'll need to meet the following criteria:

  • Be 18 years of age or older
  • Have a Social Security Number
  • Have a current U.S. residential address and a U.S. residential address for the past three years
  • Possess a valid U.S. ID (driver’s license, non-driver identification card, learner permit), passport or Permanent Residential Card/Green Card

Additionally, you'll need to have your current account information available in order to fund your new HSBC savings account.

If you do decide to open an HSBC Direct Savings account, you'll want to leave your money untouched for a full six months. Otherwise, you'll be charged a $25 fee.

How to Earn the $125 HSBC Savings Account Bonus

In order to activate this $125 HSBC savings account promotion offer, please ensure the following:

  • Whitelist Slickdeals in AdBlock
  • Make sure cookies are enabled in your browser
  • Complete your application in one browsing session
  • Make sure Slickdeals is your last click to the advertiser

Finally, follow the steps below to avoid any processing issues:

  1. Make sure you're logged into your Slickdeals account before you apply. If you don't have a Slickdeals account, you can sign up here for free.
  2. Once you've logged into your Slickdeals account, click the "Apply Now" button below to apply for an HSBC Direct Savings account. You must apply through the link on this page in order to receive the $125 bonus.
  3. Don't close the HSBC application window prior to finishing your application. Closing the window may invalidate the bonus.
  4. If you're approved for an HSBC Direct Savings account, please submit this form with your Slickdeals username and your PayPal email address. (You must submit this form within four weeks of being approved in order to qualify.)

The $125 bonus will be sent to your PayPal account within 60 days of completing the steps above.

For questions related to this bonus, please email

Any product or service prices/offers that appear in this article are accurate at time of publish, and are subject to change without notice. Please verify the actual selling price and offer details on the merchant’s site before making a purchase.

About the Author
Lesley Sheridan Contributor

Lesley Sheridan is a freelance fashion and beauty writer who lives for Pinterest boards, animal prints, strappy shoes and coupon codes. Her bookshelves are filled with Kevyn Aucoin makeup guides, and her favorite band is and will always be INXS. A Kentucky girl at heart, she currently resides just outside of Cincinnati, Ohio, with her rescue cats, a boyfriend who wishes he were an astronaut and a dog whose favorite word is “pizza.”

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
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