$75 HSBC Checking Account Bonus, $50 Savings Account Bonus

HSBC is currently running a promotion where you can get a $75 cash bonus if you open an Interest Checking Account and then a $50 or $25 bonus if you open a savings account by May 31st, 2008. Unfortunately, there is no similar offer if you open an HSBC Direct online savings account, currently yielding 3.50% APY until September 15th, 2008.

Some words of warning:

  • There is an $8 monthly fee with the checking account unless you $3,000 in there or a direct deposit.
  • The two offers for the savings account are: $50 for Premium Money Market Plus Savings Account, $25 for opening a Regular Savings Account.
  • Minimum opening account contribution for the $50 bonus is $3,000 and $500 for the smaller one.

Read the terms and conditions carefully in case I missed something.

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