I got the same message. Replied with a cordial answer and all I've heard is --crickets--

I spoke with the Premier rep on Friday. It was my first time speaking to a Premier rep and I did find it helpful. One thing she noted was there is a savings account at 0.4% which is unadvertised and is better than HSBC Direct. I did also note I wasn't happy with the updates to the credit card which she understood. Overall a decent call.

I just noticed that the Premier World product page no longer advertises 10% off at Expedia and Agoda. I don't have this card (it's on my radar), so have any of you existing cardholders received any notice about this? I searched this thread and don't see any mention of it.

The Agoda offer seems to still be valid, requires booking through this link:

https://www.agoda.com/hsbcpremier

Not sure about the Expedia offer.

Anyone have any idea what the Luxury Thank You Gift for this card is?

For hitting 50k/75k/100k USD in a year?

USBC USA has reached an agreement to sell 80 Eastern US branches and most online accounts to Citizens Bank, and 10 Western branches to Cathay Bank.

Read more here: https://www.about.us.hsbc.com/news-a...retail-banking

FAQ: https://www.about.us.hsbc.com/hsbc-i...omer-resources

When: 2022 Source: transactions close between Dec 31, 2021 and March 30, 2022, pending regulatory approval.

HSBC USA is not selling all accounts: The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers, except Premier accounts with balances below $75,000 may be sold. Source: Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k)

I guess the time has eventually come. Being on the west coast I've seen Cathay Bank but will likely close the account before its transferred to them. I have a Premier account but qualify on direct deposit. Seems like my account may or may not be sold?

Also;
"Exiting all retail business banking customers (small businesses with turnover of US$5m and under)"

Have HSBC Premier accounts in both US and France. Having the US accounts switched to Cathay will make things much less convenient.

You should be able to keep the Premier accounts w/ HSBC, assuming you don't fall below the $75K threshold for US Premier qualification. If you're qualifying for Premier in France, then I assume you would keep the Premier account in the US based on the France relationship, although they didn't specifically address that point from what I could see.

It was a relief for me that I won't have to scramble to find a suitable replacement for my UK account.

Damn...just upgraded to Advance and ordered new checks...guess need to find a new bank.

I am surprised that HSBC will sell the bank by pieces...now offically R.I.P. - rest in pieces...(a slang common in Hong Kong).

HSBC is selling business in France as well...

I was pretty dismayed to hear this. I am a "Premier" client, but only qualify via the direct deposit amount and not balance. Honestly, I am a pretty horrible customer because I just use HSBC as a depot to receive my payroll and then use free wires to get the money wherever it needs to go. It is pretty difficult to find a financial institution that offers unlimited free wires and does not ask a ton of questions to approve them. My wife's account was somehow marked as "Jade" at some point but had a similar form of operation, never holding a large balance.

I'm the same. I love the complimentary wire transfers. I'm looking at Chase Sapphire Banking which has many of the features of Premier but requires the 75K. I guess I can move in stocks and let them sit in their brokerage account.

You could do the same at HSBC.

That is true. I guess one benefit of Chase is fee rebates on all international ATMs. I haven't looked to in-depth but can you even set up a self directed brokerage account with HSBC online and transfer securities on your own?