Student Accounts

Students have unique banking needs. Whether you’re from the U.S. or overseas, you’ll feel right at home with HSBC accounts designed with you in mind. With access to student checking, savings and a credit card designed specifically for students, you’ll have all the tools you need to start building your credit history today so you can make the most out of tomorrow.

Deposit Accounts Cash Rewards Mastercard® Credit Card HSBC Choice Checking offers students the value you are Student Account looking for. With no monthly maintenance fee for 6 years The HSBC Cash Rewards Mastercard® credit card Student 1 from account opening, and the option to link to a Savings Account offers convenience, cash back and a great way to account, it’s the smart way to bank. help you establish credit.

Choice Checking Student Offer Build your credit • No monthly maintenance fee for 6 years from • No credit history required for approval7 account opening1 • Lower credit limits to help support responsible credit card use • No minimum deposit required2 • Make monthly payments to establish good payment habits HSBC Direct Savings Account3 • View your FICO® Credit Score for free on your HSBC Credit Card statement • $0 monthly maintenance fee • Variable Purchase APR8 of 13.99% to 23.99% • $1 minimum balance for account opening in New Money4

5 • An online-only, high-yield personal savings account Earn cash back • 1.5% cash back on all your purchases Earn a $100 Welcome Deposit6 • Redeem for cash back right into your HSBC checking account Here’s how:

• Open an HSBC Choice Checking account from February 16, 2020 through and including October 30, 2020, listing Apply for the Cash Rewards Mastercard® Credit Card student as your occupation on your application; and Student Account • Deposit $25 or more within 30 calendar days of account Once you set up an HSBC Checking, opening; and Savings or Certificate of Deposit account, • Maintain a Qualifying Direct Deposit of $500, OR applying is easy; stop in to any branch. debit card purchases of $100 OR electronic Bill Pay for Learn more: us.hsbc.com/studentcard. 3 consecutive months from account opening You will automatically receive the $100 Welcome Deposit in your new HSBC Choice Checking account approximately eight weeks after completing all qualifying activities. Financial Management Managing your finances is a breeze with the tools and convenience HSBC offers. Ranked #4, Best College Student Checking • Easily monitor your checking, savings and credit card Account in 2020 accounts through Online Banking or HSBC’s Mobile App9

• Make contactless payments with your debit or credit card at millions of retailers using Tap & Go®, Google Pay™, Apple Pay® and Samsung Pay™ Open your Checking and Savings Accounts today at: • Unlimited access to interactive online tools10 which provide us.hsbc.com/student-accounts/ valuable information to help guide financial decisions; visit: us.hsbc.com/financial-wellness

Together we thrive 1 The 6 Year Maintenance Fee Waiver Offer is available for applications requirements and in good standing at time of gift fulfillment. The Welcome completed in United States branches, Customer Relationship Center, Deposit to your HSBC eligible checking account will be reported on the the International Banking Center or any U.S. HSBC Choice Checking applicable IRS form. To qualify for an HSBC Choice Checking College website from February 16, 2020 – October 30, 2020 (“Offer Period”). account, you must: (1) open an HSBC Choice Checking account; (2) be To apply for a deposit account online, you must be at least 18 years of at least 18 years of age and (3) list student as your occupation on your age, have a Social Security Number, currently have a U.S. residential application. This Offer Terms and Conditions is current as of February address and have had U.S. residency for the past two years. You 16, 2020. All promotional offers, products and services offered by HSBC must be at least 18 years of age and list student as your occupation are subject to updates, modifications and/or termination by HSBC. Please on your application (“Qualifying Student”). Customers who held visit your local HSBC Branch or www.us.hsbc.com/student-accounts/ for an HSBC consumer deposit or investment account from February 15, complete, detailed and up-to-date information. 2017 through and including February 15, 2020 are not eligible for this 7 No credit history required; however, applicant must meet the eligibility offer. For Qualifying Students whoopen an HSBC Choice Checking requirements for the HSBC Cash Rewards Mastercard® credit card account during the Offer Period, the Choice Checking Account Monthly Student Account. Maintenance Fee will be waived for six (6) years from account opening. After the 6-year period, Monthly Maintenance Fee may apply. The $15 8 The information about the costs and benefits of the card described is Monthly Maintenance Fee can be avoided as long as one of the following accurate as of 6/24/2020. The information may have changed after that date. requirements are met: (1) $1,500 minimum balance in combined U.S. Dollar To find out what may have changed, call 800.975.HSBC (4722). A variable personal deposit accounts and investment* balances; OR (2) a recurring Purchase APR and variable Balance Transfer APR of 13.99% to 23.99%, qualifying direct deposit from a third party. Qualifying direct deposits are depending on your creditworthiness, will apply to credit card purchases, electronic deposits of regular periodic payments (such as salary, pension, balance transfers and checks for the HSBC Cash Rewards Mastercard® Government Benefits or other monthly income) made into your HSBC credit card Student Account. The variable Cash APR applies to cash Choice Checking account from third parties at least once per calendar advances and overdrafts, and is 24.99%. Your APRs may increase to the month. Requirements and Monthly Maintenance Fee amount are variable Penalty APR of 29.99% if you fail to make a minimum payment subject to change. Limit one account Maintenance Fee Waiver per to us when due. These APRs will vary with the market based on the Prime customer, including all individual and joint accounts — the first line Rate. For each billing cycle, variable APRs are calculated by adding a name on the joint account is considered the customer for gift purposes. specified amount (“Spread”) to the U.S. Prime Rate published in the Money This Offer Terms and Conditions is current as of February 16, 2020. All Rates table of The Wall Street Journal that is in effect on the last day of the promotional offers, products and services offered by HSBC are subject month (“Prime Rate”). If the Prime Rate changes, the new APRs will take to updates, modifications and/or termination by HSBC. Please visit your effect on the first day of your billing cycle beginning in the next month. The local HSBC Branch or www.us.hsbc.com/student-accounts/ for complete, Minimum Interest Charge is $1.00. A Balance Transfer Fee of either $10 or detailed and up-to-date information. 4%, whichever is greater, will apply on each balance transfer and check. A Check Fee of $10 or 4%, whichever is greater, will apply on each check 2 Minimum deposit to open account online is $1. written for purposes other than a balance transfer. A Cash Advance Fee 3 HSBC Direct Savings is an “online only” product, which requires use of either $10 or 5%, whichever is greater, will apply on each cash advance of automated telephone banking, e-statements and Personal Internet transaction. An Overdraft Transaction Fee of either $10 or 5%, whichever is Banking. This is an HSBC consumer account and is not available as an greater, will apply on the overdraft amount, if applicable. There is no Annual HSBC business account. ATM/Debit card is not available for this product. Fee or Foreign Transaction Fee. See Summary of Terms for details. 4 New Money for HSBC Direct Savings is defined as deposits and investments 9 Data rate charges from your service provider may apply. HSBC Bank USA, not previously held by any member of the HSBC Group in the U.S. The Bank N.A. is not responsible for these charges. reserves the right, with notice, to transfer to any other deposit account that 10 HSBC offers the Modules for educational purposes only and they should not you have with HSBC Bank USA, N.A., any initial funding deposit that does be considered professional or investment advice. While HSBC is pleased to not meet the definition of New Money. The Bank, in its sole discretion, also offer the Modules as an educational service to our customers, HSBC does reserves the right to return such amounts to you in an official cashier’s not guarantee, warrant or recommend the opinion or advice or the product check. and/or services offered or mentioned in these Modules. Any opinions, 5 To apply for a deposit account online, you must be at least 18 years of age, judgments, advice, statements, services, offers or other information have a Social Security Number, currently have a U.S. residential address presented within a Module are those of a third party and not HSBC. For and have had U.S. residency for the past two years. a comprehensive review of your personal finances, always consult with a 6 The $100 Welcome Deposit Offer is available only for applications tax or legal advisor. Neither HSBC, nor any of its representatives, may give completed in United States branches, Customer Relationship Center, legal or tax advice. the International Banking Center or any U.S. HSBC Choice Checking The HSBC Cash Rewards Mastercard® credit card Student Account is website from February 16, 2020 – October 30, 2020 (“Offer Period”). only available for customers who are opening and are approved for or hold To apply for a deposit account online, you must be at least 18 years of an existing consumer deposit relationship (Checking, Savings or Certificate age, have a Social Security Number, currently have a U.S. residential of Deposit) with HSBC Bank USA, N.A. address and have had U.S. residency for the past two years. To qualify HSBC Cash Rewards Mastercard® credit card Student Accounts are for the HSBC Choice Checking College $100 Welcome Deposit during issued by HSBC Bank USA, N.A., subject to credit approval. the Offer Period and/or Online Offer Period, you must: (1) be at least 18 years of age; (2) list student as your occupation on your application; FICO is a registered trademark of Fair Isaac Corporation in the United (3) deposit within your account a minimum Qualifying Balance of $25 or States and other countries. more in New Money within 30 calendar days of account opening and (4) How you earn Rewards Program Points or Cash Rewards: You earn maintain a Qualifying Direct Deposit of $500, OR Debit Card Purchases Points or Cash Rewards when you use your card to make new purchases of $100 OR Electronic Bill Pay transactions over three consecutive (minus returns, credits and adjustments). You will earn 1.5 Cash Rewards per months following account opening. New money is defined as deposits dollar on all new purchases. Cash Rewards can be redeemed as cash back. not previously held by any member of the HSBC Group in the U.S. Accounts/ Cash Rewards do not apply to account transfers, balance transfers, checks, Assets that are ineligible for New Money include: insurance products; fixed cash advances or overdrafts. Your HSBC Cash Rewards Mastercard® credit and variable annuities; 529 College Savings Plans; any retirement accounts card Student Account must be open and in good standing in order to earn including but not limited to IRAs, Keogh, Simple IRAs and 401(k) Plans; Cash Rewards. UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts and estate accounts. Qualifying Direct Deposits Mastercard and Tap & Go are registered trademarks, and the circles design are defined as electronic deposits of regular periodic payments (such as is a trademark of Mastercard International Incorporated. salary, pension, Government Benefits or other monthly income) made into Google Pay is a trademark of Google LLC. Apple, the Apple logo and Apple your HSBC Choice Checking account from third parties at least once per Pay are trademarks of Apple Inc., registered in the U.S. and other countries. calendar month. Electronic Bill Pay is defined as paying bills from your Samsung Pay is a registered trademark of Samsung Electronics Co., Ltd. Choice Checking account using HSBC’s Bill Pay Service available on HSBC United States persons are subject to U.S. taxation on their worldwide Personal Internet Banking or via the HSBC Mobile Banking App. (Data income and may be subject to tax and other filing obligations with respect rate charges from your service provider may apply. HSBC Bank USA, to their U.S. and non-U.S. accounts. U.S. persons should consult a tax N.A. is not responsible for these charges.) Customers who held an HSBC adviser for more information. consumer deposit or investment account from February 15, 2017 through and including February 15, 2020 are not eligible for this offer. Eligible * Investment and certain insurance products, including annuities, are offered customers who take advantage of this offercannot receive any other by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. HSI is an New Consumer Deposit Offers provided by HSBC Bank USA, N.A. affiliate of HSBC Bank USA, N.A. other than the HSBC Choice Checking College Monthly Maintenance Fee Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Waiver offer.New Consumer Deposit Offers are defined as incentives in Member FDIC. the form of merchandise and/or cash bonus that are offered to consumers © 2020 HSBC Bank, USA, N.A. All Rights Reserved. who open an eligible checking account and satisfy qualifying activities. Limit one Welcome Deposit per customer, including all individual and joint accounts — the first line name on the joint account is considered the customer for gift purposes. Your HSBC Choice Checking College account must be open without being changed to a product with lower balance MKT3167_2020_6