Minimum Opening Deposit
No minimum deposit to open account
$0.00
Monthly Service Fee
The Monthly Service Fee of $25.00 can be waived by:- $5,000 in qualifying balances OR a recurring direct deposit at least once per monthly cycle
$25.00
Annual Percentage Yield (APY)
The account earns 0.01% interest for balances over $5.00.
0.01%%
Debit Cards & Using ATMs
Debit Card
$0.00/yr
ATM Fee Reimbursements
This account includes rebates of ATM fees when you use non-affiliated ATMs with the following limits:- Rebates for transactions at ATMs outside of New York State. Up to 4 per month.Rebates are credited to your account on the first day of the following statement cycle.
Yes
Non-affiliated ATM Usage Fee
There is no fee each time for using a non-affiliated ATM. HSBC will rebate four qualifying ATM surcharges per month, but not in New York State
$0.00
International ATM Usage Fee
There is a $2.00 fee each time you use a ATM in another country. In addition, there is a fee calculated as 3.00% of the total amount withdrawn.
$2.00/per use
Electronic & Telephone Banking
Online Bill Pay
Free
Mobile & Text Banking
This institution supports:- A mobile-browser website to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;- A downloadable mobile application for BlackBerry devices to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;- An iPhone application to view account balances, view recent activity, transfer funds, pay bills, and locate ATMs.- An Android application to view account balances, view recent activity, transfer funds, pay bills, and locate ATMs.
Free
Deposit Checks with Mobile Phone
This feature is available on the iPhone, iPad, and Android mobile application.
Free
Email Alerts
Included with Online Banking
Automated Phone Banking
Free
Checks & Statements
Unlimited Check Writing
Yes
Free or Discounted Checks
Free orders of selected styles for the life of the account.
Yes
Monthly Paper Statements
$5.00/month
Check Images with Statements
There is a $3.00 fee to receive printed check images with your monthly statement.
$3.00/month
Online Statements
Yes
Online Check Images
Images of canceled checks can be viewed online.
Yes
Overdrawing the Account
Returned Item Fee
The Insufficient Funds Fee is $35.00 per overdraft.