HSBC’s recurring offer for existing customers to deposit money and open a Securities account (investment account) is back again! Now, HSBC Premier users who were customers by June 30 can get up to $5,000 for depositing money; if you open an investment account and then transfer in funds, you can also get another $1,000. It’s nice that this seems to have become a recurring offer. If you have enough funds, you can keep depositing them, and with a Premier APY of 3%, depositing money is basically not a losing move.

Deposit bonus

After receiving HSBC’s promotional email, existing customers can also participate in the deposit-for-$5,000 offer, and there is an additional $1,000 bonus for opening a securities account and depositing money; the two bonuses can be earned at the same time. Details below

  • Deposit bonus: The requirements are the same as the account-opening bonus. Deposit the required funds by August 31, then keep them there until November 30. Also note that you must remain opted in to HSBC Market Promotion emails throughout this period.

I assume “existing customers” refers to anyone who opened an account before June 30, 2026, and this probably can’t be stacked directly with the new-customer bonus. If this offer comes around every three months, that’s still pretty good. Once you meet the requirements, you can gradually move some of the money out and wait for the next offer.

Investment account bonus

Investment account bonus (HSBC Securities): I recommend opening a self-directed account and then buying some broad-market funds (HGDXX, HTDXX) and that should do it. Deposit $50,000 to get a $1,000 bonus, which is pretty good. The money needs to be deposited by August 31!

“Eligible HSBC Securities account(s)” means a Managed Portfolio Account, Spectrum account, advised brokerage account or self-directed brokerage account. Excludes any retirement accounts (including Managed Portfolio Accounts and/or Spectrum accounts), including, but not limited to, IRAs, Keogh, Simple IRAs and 401(k) Plans.

HSBC apparently thought the new-customer $5,000 + $1,000 deal was too generous, so it added a new restriction: only existing customers who opened by June 30 can get the $1,000 bonus from HSBC Securities. New customers are not eligible.

HSBC Securities funding test: ACH doesn’t work, wire does

A friend finally completed the funding transfer, and here’s the guide. I recently looked into how to fund HSBC Securities, and the process was more troublesome than expected. The easiest place to get tripped up is that although an external bank account can be linked to HSBC, a normal bank-to-bank transfer can only be sent to HSBC checking or savings, and you cannot directly select the securities account. That raises a question: if the funds go into HSBC checking first and then are moved to the securities account, will they still be counted as eligible new money for the offer? It’s best to confirm this with the team handling the promotion in advance, rather than relying only on a regular bank customer service rep. Also, unlike Fidelity or Schwab, HSBC Securities does not provide a separate routing number and account number for each securities account, so you cannot simply push money in via ACH. When I first asked customer service, I was told the only option was to move the funds to HSBC checking first and then transfer them from checking to the securities account. But if you’re doing this for a new-money bonus, it’s not clear whether that method qualifies. Later, I contacted HSBC Securities customer service again and finally got the wire instructions for sending funds directly to the securities account. In a real test, a $100 wire sent from Fidelity successfully arrived in the HSBC Securities account. Fidelity currently usually does not charge for outgoing wires, so you can start with a small test amount. Wire details below:

  • Receiving Bank: Bank of New York Mellon
  • ABA Routing Number: 021000018
  • Beneficiary: Pershing LLC
  • Account Number: 890-051238-5
  • Further Credit / Memo: Enter your name + HSBC Securities account number

Note that the receiving account above is not an individual account in the customer’s own name; it is an omnibus account used by Pershing to receive customer funds. HSBC and Pershing mainly rely on the information in the Further Credit or Memo field to allocate the transfer to the correct securities account. Therefore, the Memo must be filled out accurately:

  • Your name
  • Your HSBC Securities account number

The safer approach is to wire about $100 the first time, confirm that the funds arrive correctly and that the name and account number were entered properly, and then make a larger transfer. If this money is meant to complete the HSBC Securities funding bonus, I recommend keeping the wire confirmation, transfer records, and arrival screenshot, and confirming in advance whether a wire sent directly to the securities account counts toward new money.

Money transfer offer

There’s another international money transfer offer in the account that gives up to $50. You just need to send a transfer in a different currency to HSBC. If you have an upcoming transfer need, you can pick this one up at the same time.

Details below

  1. Log on to the HSBC Mobile Banking app1Footnote link 1.
  2. On the Move Money screen, select 'Send money internationally'.
  3. Send one Global Money Transfer in a foreign currency with a value of $5,000 USD equivalent or more, during the offer period.
  4. Be opted into HSBC marketing emails at the time of transfer and remain opted-in until the $50 Cash Bonus is paid. Follow these simple steps to opt in.
  5. If all offer requirements are met, your $50 Cash Bonus will be paid within 8 weeks of the end of the month in which you made the transfer.

New account bonus

HSBC has updated its new account-opening bonus, and now you can get up to $5,000 just by depositing money! No direct deposit required anymore. Compared with the previous offer, the deposit amount has gone up. But considering that opening a Premier Relationship Savings account and parking money there already earns around a 3.3% APY, keeping the money there doesn’t really lose anything—it’s pretty similar to buying a CD.

The requirements are as follows: within 20 days of opening the account, you can deposit funds into Premier Checking, Premier Savings, or Premier Relationship Savings. You need to keep the money there for three consecutive months (to be safe, four months is better). The first two tiers are equivalent to a 1% return over 3 months, or 4% annualized. Adding the account’s own 3.3% savings APY gives you an effective 7.3% annualized return, which is pretty good! The last two tiers are slightly lower, at 0.7% and 0.5%, which work out to effective annualized returns of 6.1% and 5.3%.

  • $1,500 bonus: Deposit $150,000-$249,999
  • $2,500 bonus: Deposit $250,000-$499,999
  • $3,500 bonus: Deposit $500,000-$999,999
  • $5,000 bonus: Deposit $1,000,000 or more

Also, according to a reader tip, you can apply for the US HSBC Premier while in mainland China and fill out the application entirely with Chinese documents, including your address, ID number, passport, and more. However, he already has HSBC Premier in China, so the proof of address he uploaded was also his Premier bill. If you're in mainland China, you can try to see whether you can open it directly. Just use the link below and select China as your region. For details on opening the account and using it, see our summary article

Also, the stack of existing-customer bonuses above seems to be issued every quarter, which is pretty nice.