Originally Posted by
Dream of Flying
The HSBC chat agent sounded confused so thought I might ask here.
If I keep a small amount (say $500) in a Premier Checking and $75k in a Direct Savings will I qualify as Premier without direct deposits?
Everything I'm see seems to say yes. However, HSBC Premier Savings accounts aren't that good (typical 0.1%). I think HSBC Direct (online savings with higher rates) may count as a separate bank for these purposes.
The HSBC Premier checking account is available to consumers (including any consumer who is a Qualifying Principal as defined below) who have a U.S. personal and qualifying commercial related combined deposit balance in U.S. Dollar accounts and investment balance of at least $75,000
If there happens to be a HSBC branch around you i'd just go in and ask.