Pros
Global ATM Access: Unlimited international ATM fee reimbursements and access to HSBC's worldwide ATM network
Fee-Free International Transfers: Members can transfer up to $200,000 per day between linked international HSBC accounts with no fees
Family Benefits: Account holders can share Premier status and preferential savings rates with up to four family members
Cons
High Monthly Fee: $50 monthly maintenance fee that requires substantial minimums ($100,000 in deposits/investments or $5,000 monthly direct deposits) to waive
Limited Branch Access: Only maintains a couple dozen branches on both U.S. coasts
Low Standard Interest: The base savings interest rate is just 0.01% APY