Wells Fargo vs HSBC Bank

Wells Fargo is an a "big 4" bank with a good range of checking accounts and full services. How does it compare to HSBC? Read our comparison chart below.

Wells Fargo is one of America's largest banks with over 4,500 locations and approximately 11,000 ATMs. Offers many checking options, including Everyday Checking and Clear Access Banking for those who have financial troubles. 24/7 customer service. Special CDs offers high rates with $5,000 minimum opening deposit.

While 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.

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

	Wells Fargo	HSBC Bank
		Member FDIC
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	SPECIAL OFFER Personal Checking Account - $300 Bonus - Learn More Read Wells Fargo Review	SPECIAL OFFER HSBC Premier - Earn Up to $2,500 - Learn More Read HSBC Review
	Benefits and Features
Savings	0.01% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, make 1 automatic transfer each fee period of $25 or more from a linked Wells Fargo checking account, make 1 automatic transfer each business day within the fee period of $1 or more from a linked Wells Fargo checking account, make 1 or more Save As You Go® transfers from a linked Wells Fargo checking account, or primary account owner is 24 years old or under.	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)
CD	Standard Fixed Term CD available online: 2.00% to 2.75% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Relationship APY: 2.01% to 2.76% APY when you link a Wells Fargo Prime Checking, Premier Checking, or Private Bank Interest Checking account to the CD. More CD terms are available in branch.	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.
Checking	Clear Access Banking, Everyday Checking, Prime Checking, Premier Checking	Premier Checking to enjoy premium banking with both local and global benefits
ATMs	approximately 11,000 ATMs across the country	Any HSBC ATMs in the U.S.; HSBC ATMs abroad may incur additional fees and foreign conversion rates.
Customer Service	Available 24 hours a day, 7 days a week.	24/7
IRA CD	Standard Term CD: 0.01% to 2.75% APY. Terms of 1 month to 144 months. Minimum deposit of $1,000. Relationship APY: 0.02% to 2.76% APY when you link a Wells Fargo Prime Checking, Premier Checking, or Private Bank Interest Checking account to the CD.
Locations	approximately 4,700 retail banking branches coast to coast	21 branches in the US; Global presence in more than 64 countries and territories worldwide
	CreditDonkey® Reviews

Savings
CD
Checking
Mobile App
Customer Service
Pros & Cons	Pros: Low requirements for Everyday Checking Full service bank 24/7 customer service Cons: Low savings rates Not in all states	Pros: Global presence Transfer money globally Priority customer service Cons: Limited US presence High account minimums
Bottom Line	A "big 4" bank with a good range of checking accounts and full services... Read full review	Full-service global bank ideal for high net worth expats and travelers... Read full review
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	Personal Checking Account - $300 Bonus Personal Checking Account - $125 Bonus Personal Checking Account - $2,500 Bonus	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. Wells Fargo: Pricing information from the published website as of 10/26/2024 is based on the 91101 zip code. 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.

Which is Better: Wells Fargo or HSBC?

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

Articles on Wells Fargo

Wells Fargo Bank Review

Wells Fargo offers nationwide access with thousands of ATMs and branch locations. But are their checkings and savings accounts right for you? Read on to see the best options.

Wells Fargo High Yield Savings

Looking for a traditional bank to grow your funds? Wells Fargo offers a high-yield savings account with a decent rate. Read on to find out more.

Wells Fargo Bank CD Rates

Wells Fargo is one of the largest banks in the U.S. Should you get a Wells Fargo CD? Might be worth considering. Learn more.

Wells Fargo Bank Hours

Wells Fargo is one of the biggest banks in the country. Here's when you can visit a branch near you.

Wells Fargo Routing Number

Not all routing numbers are the same for Wells Fargo. Here's how to find the routing number for your bank account.

Articles on HSBC Bank

HSBC Bank

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 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.

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Which Bank Account is Right for You?

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