HSBC Bank vs Synchrony Bank
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| Visit Site | Learn More | |
HSBC Bank | Synchrony Bank | |
|---|---|---|
HSBC Premier - Earn Up to $5,000 - | High Yield Savings - 3.50% APY - | |
Benefits and Features | ||
| Savings | Premier Relationship Savings: 3.20% APY when you link an eligible Premier checking account and meet one of four eligibility criteria (otherwise 0.05% APY) | 3.50% APY. No monthly service fee and no minimum deposit. An ATM card is provided for easy withdrawal. Synchrony will refund ATM fees for other banks up to $5 per statement cycle |
| CD | 3.55% to 3.60% APY. Terms of 6 months, 1 year, or 2 years. 12-month CD APY of 3.60%. Minimum deposit of $1,000 to open. | 0.25% to 4.10% APY. Terms of 3 months to 5 years. No minimum deposit to open. |
| Checking | Premier Checking to enjoy premium banking with both local and global benefits | |
| Money Market | 2.00% APY. No monthly service fee and no minimum deposit. | |
| Mobile App | ||
| ATMs | Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates. | Any ATMs with Plus or Accel logos |
| Customer Service | Mon-Fri 8:00 am - 10:00 pm (ET); Sat-Sun 8:00 am - 5:00 pm (ET) | |
| IRA CD | 0.25% to 3.80% APY. Terms of 3 months to 5 years. No minimum deposit to open. | |
| IRA Money Market | 2.00% APY. | |
| Locations | 21 branches in the US; Global presence in more than 64 countries and territories worldwide | |
CreditDonkey® Reviews | ||
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| Savings |  | |
| Money Market |  | |
| Customer Service | | |
| Pros & Cons | Pros:
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| Bottom Line | | Good online bank offering high interest rates... |
| Visit Site | Learn More | |
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 04/02/2026 from published websites and is believed to be accurate, but not guaranteed. Synchrony Bank: Pricing information from published website as of 02/20/2026. | ||
HSBC Premier - Earn Up to $5,000
It's easy. The more you fund, the more you earn.
Discover all that Premier can do for you
- Earn our best savings rate with a Premier Relationship Savings account for an introductory period and thereafter if you qualify
- Send money internationally, securely, quickly and fee-free in the HSBC mobile app with our award-winning HSBC Global Money Transfers
- Enjoy peace of mind with unique travel benefits available through our credit cards
Here's how the offer works
- Open a Premier checking account by June 30, 2026
- Add your desired level of deposits and/or eligible investments within 20 days
- Get $1,500: Deposit or invest $150,000 to $249,999
- Get $2,500: Deposit or invest $250,000 to $499,999
- Get $3,500: Deposit or invest $500,000 to $999,999
- Get $5,000: Deposit or invest $1,000,000+
- Maintain your balances for 3 full consecutive months
- Remain opted-in to receive HSBC marketing emails
If all offer requirements are met, the bonus will be paid within 8 weeks.
Articles on Synchrony Bank
Synchrony Bank Review
Synchrony offers some of the highest savings and CD rates. But there are downsides. Read this review before you open an account.
Synchrony High Yield Savings Review
Synchrony's high-yield savings account has a high APY with no fees. But they also have more to offer than just that. Read on to know all the details.
Synchrony Bank CD Rates
Are CD rates good at Synchrony Bank? Find out if you should open a Synchrony CD.
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