HSBC Bank is a large multi-national bank and offers several checking accounts for different needs.

HSBC Direct is the online banking operation and offers high interest savings for just a minimum deposit of a dollar with no service fees.

Whereas, Regions Bank is located in 15 states in the South and Midwest with 1,500 branches. You can open a checking and savings account with as little as $50, plus they have lower requirements to waive fees.

To add on, the Now Banking solution offers prepaid Visa savings, and check cashing services with no account required.

See our table below for a side-by-side comparison between the two banks.

TOP HSBC BANK PROMOTIONS
Find all HSBC Bank Promotions here
PROMOTIONAL LINK	OFFER	REVIEW


	HSBC Bank	Regions Bank
Locations	Over 240 branches on the East and West Coasts HSBC Direct- Online only	More than 1500 branches in 15 Southern and Midwestern US states. (Locator)
ATMs	HSBC ATMs in U.S.; HSBC ATMS abroad may incur additional fees and foreign conversion rates.	More than 4,700 ATMs
Savings	5/5	4/5
CD	N/A	3.5/5
Checking	5/5	3.5/5
Money Market	N/A	3/5
Customer Service	4/5	3.5/5
Mobile App	N/A	3/5
Pros	-Global presence -High online savings APY	-Virtual Wallet tools -Relatively easy to waive fees -Free student account
Cons	-Not in every state	-$50 to open checking account -Relationship Rewards Program -LifeGreen Savings annual bonus
Bottom Line	HSBC offers a full array services like high-yield online savings and several checking options.	Regions Bank offers a variety of deposit products, special reward programs, and more!

Table of Contents

HSBC Bank Promotions

HSBC Advance checking accountHSBC Premier checking accountHSBC Direct Savings account

*See all HSBC Advance Checking offers here.

*See all HSBC Premier Checking offers here.

*See all HSBC Direct Savings offers here.

Compare to Other Banks

HSBC:

Regions:

Bottom Line

Which Bank is Better: HSBC or Regions Bank?

In summary:

HSBC is a well known bank with a solid reputation. They offer competitive rates on their online savings account!
Regions Bank’s CDs and savings account are another great way to save, but their rates may not be the best.

For more variety of options, see our list of the best bank account bonuses & savings account offers.

More on Regions Bank: