HSBC Personal Banking

HSBC Personal Banking presents a whole spectrum of financial services in the field of personal banking services. Under Personal Banking services HSBC provides Checking Accounts, Savings Accounts, Credit Cards, Loans and Mortgage Services, Auto Loans, Insurance Services and Credit Management Services. But, among all the most famous service is the HSBC Credit Card Service.

Credit Card Service by HSBC Personal Banking

HSBC Personal Banking presents a whole spectrum of financial services in the field of personal banking services. Under Personal Banking services HSBC provides Checking Accounts, Savings Accounts, Credit Cards, Loans and Mortgage Services, Auto Loans, Insurance Services and Credit Management Services. But, among all the most famous service is the HSBC Credit Card Service.

Credit Card Service by HSBC Personal Banking

HSBC Personal Banking presents a whole lot of Credit Cards before their customers so that they can choose one according to requirement.

Credit Cards provided by HSBC Personal Banking are the following:

1.HSBC Master Card

• Card holders can earn unlimited cash back or unlimited travel rewards with this card.
• Card holders are not required to pay any annual fee.
• This HSBC Master Card has worldwide acceptance.
• Customers get the facility of introductory 0% APR (Annual Percentage Rate) for first 6 months to 12 months from the date of account opening.
• Card holders get the facility of Zero Liability Protection.
• They enjoy the facility of Purchase Protection.
• Card holders receive Master Rental Insurance Coverage along with the card.
• They can pay their bills free of cost using online services.

2.GM Flexible Earnings Card

• Card holders can earn 1% cash back on every purchase made with the GM Flexible Earnings Card.
• Customers are not required to pay any annual fee for their card.
• Card holders can get 1% cash back towards purchase of any car and 3% cash back toward purchase of a brand new eligible GM car or truck.
• They are also offered attractive introductory APR offer by HSBC.
• Card holders enjoy online account access.
• They can also make balance transfers on their card using online services.

3.Platinum Master Card

• Card holders get the facility of introductory 0% APR on purchases and balance transfers for first 5 months from the date of opening the card account.
• Customers get the benefit of Fraud Liability Protection. So, they are not held liable for the unauthorized usage of the card.
• Card holders are not required to pay any annual fee for their card.
• They enjoy the facility of online access to the car account for 24/7

4.Direct Rewards Platinum Card

• Card holders enjoy the facility of introductory 0% APR on purchases and balance transfers for first 5 months from the date of opening the card account.
• They are not required to pay any annual fee for their card.
• Card holders can earn 1 point for every $1 spent on purchases made with the card.
• These earned points can be redeemed when they sum up to 1000 points or more. For redemption, the customers can choose from a range of gift cards and gift certificated.
• Card holders get the benefit Fraud liability protection.
• They get the facility of online account access for 24 hours.

5.Platinum Visa Card

• Card holders enjoy the facility of introductory 0% APR on balance transfers for first 9 months from the date of opening the account.
• They are not required to pay any annual fee for the card.
• Card holders will not be held liable for any unauthorized usage of the card.
• They are entitled to online account access for the 24 hours.

6.Best Buy Reward Zone Program MasterCard

• The card has worldwide acceptance.
• Card holders are automatically enrolled in the Reward Zone Program.
• They can earn 1% at every purchase, wherever the MasterCard is accepted.
• Card holders can earn 2% during special promotions and can earn even 4% on best buy purchases.
• Card holders, with qualifying credit are not required to pay annual fee
• Customers get the benefit of Zero Liability Protection for the unauthorized purchases made by the card in case the card is lost or stolen.

7.Orchard Bank Master Card

• This card is accepted at millions of locations worldwide.
• For the card holders, a periodic review of eligibility for credit limit is done by HSBC. This results in increase of credit limit for the eligible customers.
• Card holders get the facility of online access of the card account.
• They can pay their bills online free of cost.
• Card holders can use this Orchard Bank MasterCard by HSBC for online shopping without any worry as HSBC Personal banking guarantees that they will not be charged for any unauthorized usage of the card.

Other than all these Credit Cards discussed above, HSBC Personal Banking provides two other types of credit cards also namely,

• Union Plus MasterCard
• Store Branded Credit Card

Checking Accounts Provided by HSBC Personal Banking

HSBC Personal Banking provides quite a few Checking Accounts for their customers. Each of these accounts has some unique features which attracts the customers. The types of checking accounts provided by HSBC Personal Banking are the following:

1.Premier Checking Account

• Account holders are not required to pay any monthly maintenance fee if they deposit $100,000 or if they carry combined balance of $500,000.
• Holders of these accounts get the opportunity of earning the highest rate of interest on their account balance.
• They are served by a dedicated relationship manager from HSBC.

2.Interest Checking Account

• Account holders are not required to pay any monthly maintenance fee if they make direct deposit or if they carry combined balance of $3,000.
• Account holders are offered good amount of loan discounts.

3.Free Checking Account

• Account holders are not required to pay any monthly maintenance fee.
• No direct deposit is needed for this Free Checking Account.
• Account holders are not bound to maintain any minimum balance in this account.

4.Basic Banking Account

• This account involves a monthly maintenance fee of $3.
• No minimum balance is required to be maintained for this particular account.

5.Student Checking Account

• Account holders are not required to pay any monthly maintenance fee.
• There is no minimum required balance for this account.

Savings Accounts Facility provided by HSBC Personal Banking

HSBC Personal Banking provides a complete range of savings accounts and certificates of deposit for their customers.

Premier Investor Money Market Savings Account

• This account can generate exclusive higher yields if the account balance is at qualifying level of $25,000 or above that.
• Account holders get the flexibility of adding money to existing balance of the account.

Online Savings Account

• This account carries interest rate which is one of the highest savings account rate in U.S.A.
• This account requires no monthly maintenance fee.
• Premium Money Market Plus Savings Account
• Higher interest rates are paid on the higher balances of this account.
• Account holders can access branches and ATMs of HSBC for deposit and withdrawal purpose.

Regular Savings Account

• This account carries with it minimum balance requirement.
• Account holders can earn competitive rate of interest on the balances of this account.

Student Savings Account

• This account carries competitive rate of interest.
• The student account holders are not required to pay any monthly maintenance fee for the account.

Other than these savings accounts the HSBC Personal Banking offers CDs or Certificates of Deposits. In case of these Certificates of deposits, interest rate is compounded on a daily basis.

Loans and Mortgage Services by HSBC Personal Banking

Mortgage Services

HSBC Personal Banking provides a wide range of competitive mortgage programs, so that the customers can choose perfect one which will serve their unique needs.
Customers can choose from the following Mortgage Programs:

• Conforming Fixed Mortgage Program
• Jumbo A Fixed Mortgage Program
• Alt A Fixed Mortgage Program
• “Interest Only” Mortgage Program
• Conforming ARMs
• Jumbo A ARMs
• Prepayment ARMs
• Interest Only ARMs
• Home Renewal Mortgage Program

Loan Services

Home Equity Loan
HSBC Personal Banking offers Home Equity Loans and Home Equity Lines of Credit. These come with fixed and variable rate of interest options. Customers also get the facility of flexible payment terms.

Personal Loan
HSBC Personal Banking offers personal loans which proved to be really useful to cover the unexpected expenses. HSBC Personal Loans are readily available in case of emergencies.

Auto Loans
HSBC Personal Banking offers auto loans to their customers both for buying new cars and used cars. Customers can also get loan to refinance their existing auto loan.

Insurance Services by HSBC Personal Banking

HSBC Personal Banking provides different types of insurances to their customers to fulfill their insurance need.
The types of insurance provided by HSBC Personal Banking are:

• Home Insurance
• Car Insurance
• Term Life Insurance
• Renter’s Insurance

Credit Management Services
Credit management Services from HSBC Personal Banking includes services like CreditKeeper, Identity Protection Plan and HSBC Online Security.