HSBC Bank vs Citibank

HSBC is a full-service global bank ideal for high net worth expats and travelers. How does it compare to Citibank? Read our comparison chart below.

HSBC is a large multi-national bank that focuses on banking and wealth management services for international high net worth clients. With a global presence in over 64 countries, clients will access privileges around the world.

While Citibank has over 600 branches across the United States. Service fees and ways to waive are on the high side. Best for high-balance customers who can open one of the elite accounts to earn reward points, get preferred rates, and other perks.

Compare HSBC with Citibank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Member FDIC	CitibankBank of AmericaChaseUS Bank Member FDIC
	Visit Site	Learn More
	HSBC Bank	Citibank
	SPECIAL OFFER HSBC Premier - Earn Up to $2,500 - Learn More Read HSBC Review	OFFER Citi Checking - $1,500 Bonus Read Citibank Review
	Benefits and Features
Savings	Premier Relationship Savings: 4.00% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY)	Citi® Accelerate High-Yield Savings: Available in AA, AE, AK, AL, AP, AR, AS, AZ, CO, DE, GA, GU, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VI, VT, WA, WI, WV, WY and select markets in Florida and Illinois. Citi® Savings: Available in CA, CT, DC, MD, NV, NJ, NY, VA, and select markets in Florida and Illinois.
CD	3.50% to 4.00% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 4.00%. Minimum deposit of $1,000 to open.	6-Month Fixed Rate CD - 3.25% APY 9-Month Fixed Rate CD - 2.25% APY 1-Year Fixed Rate CD - 2.25% APY 5-Year Fixed Rate CD - 2.00% APY 3-Month Fixed Rate CD - 0.05% APY
Checking	Premier Checking to enjoy premium banking with both local and global benefits
Money Market		CitiBusiness® Insured Money Market Account - 4.50% APY
ATMs	Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.	More than 70,000 fee-free ATMs at Citi branches and participating retail locations nationwide, including Target, CVS Pharmacy, Rite aid, Walgreens, Duane Reade and ATMs displaying Allpoint or MoneyPass logo.
Customer Service	24/7	24/7 Live Customer Service (Telephone)
IRA CD
IRA Money Market
Locations	21 branches in the US; Global presence in more than 64 countries and territories worldwide	645 retail bank branches concentrated in the six key metropolitan areas of New York, Chicago, Los Angeles, San Francisco, Miami, and Washington, D.C.
	CreditDonkey® Reviews
Savings
CD
Checking
Mobile App
Customer Service
Pros & Cons	Pros: Global presence Transfer money globally Priority customer service Cons: Limited US presence High account minimums	Pros: Perks for high balance customers Many fee-free ATMs Global presence Cons: No free checking option Higher balance requirements Low savings APY
Bottom Line	Full-service global bank ideal for high net worth expats and travelers... Read full review	Large national bank best for high balance customers... Read full review
	Visit Site	Learn More
	HSBC Premier - Earn Up to $2,500 HSBC Premier
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. HSBC: Data points including rates, fees, terms, and benefits was obtained on 11/12/2024 from published websites and is believed to be accurate, but not guaranteed. Citibank: Pricing information from published website as of 11/19/2024. This content is not provided by Citi. Any opinions expressed are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi.

Which is Better: HSBC or Citibank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing HSBC or Bank of America.

Articles on HSBC Bank

HSBC Reviews

HSBC Bank offers a global banking account ideal for those who live and work overseas. Is it right for your needs? Read on for the pros and cons.

• HSBC vs Bank of America
• HSBC vs Wells Fargo
• HSBC vs Capital One

HSBC Premier Checking

If you work, live, or travel abroad, the HSBC Premier Checking account may be what you need. Read on to see if this global checking account is right for you.

• HSBC vs Synchrony Bank

Articles on Citibank

Citibank

Citibank offers banking services and credit cards. But service fees and balance requirements are on the high side. Is it the right bank for you?

• Citibank vs Chase
• Citibank vs US Bank

Open Citi Account

Opening a Citi bank account is easy. Take a look at what you'll need, plus find out how to earn a bonus

Citi Savings Account Interest Rate

Citibank boasts two savings accounts with varying rates and low fees. But which one should you open? Read on for all the details.

Citi High Yield Savings

Citi now offers high-yield savings with one of the best interest rate. But it's only available in select markets. Read this review to see if it's good for you.

Citibank Routing Number

Looking to transfer money in or out of your Citibank checking or savings account? Find your Citibank routing number and learn about money transfers below.

Which Do You Think is Best?

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