Best Banks for High-Net-Worth Individuals in [2026]
Chase Private Client, J.P. Morgan Private Bank, and Wells Fargo are just a few high-net-worth banking options to consider if you have a hefty sum of money to deposit.
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The best banks for high-net-worth individuals and the best wealth management banks offer personalized service in return for your sizable deposit. They might offer financial advisors, advice on taxes and trusts, and more.
I recommend Chase Private Client Checking℠ if your total investable assets fall within a range of $150,000 and $1 million and you want dedicated customer support. Many private banks have higher minimum balance requirements, so Chase Private Client Checking℠ is where you could get started with private wealth management if you have fewer assets.
If your assets are above $5 million, I recommend J.P. Morgan Private Bank as one of the best banks for its award-winning variety of services and experience with managing large amounts of wealth. For personalized recommendations about where to bank and what accounts to open, consider speaking with a financial advisor. Wells Fargo is a good option for high-net-worth relationship banking if you intend to stay loyal to one bank.
If you're not yet a millionaire, you can still find great banks offering high APYs that don't require a six-figure deposit.
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Q4 2026 New Customer Offer Terms and Conditions
Offer valid from September 1, 2026, through and including December 31, 2026 (“Offer Period”). Only New Customers are eligible for this offer.Definitions:
“New Customer” means a customer that does not have a current or past HSBC account in the U.S. on file. Customers who have a current or past HSBC account in the U.S. on file are not eligible for this offer.
“New Money” means deposits or investments not previously held by any member of the HSBC Group in the U.S. New Money is determined at HSBC’s discretion.
“Qualifying Balance” means the total amount of New Money in consumer deposit and/or eligible investment accounts being held by the New Customer (as “primary” account holder) at a determined timeframe described below. Consumer accounts/assets that are ineligible for Qualifying Balance: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts, including, but not limited to, IRAs, Keogh, Simple IRAs and 401(k) Plans; UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts.Terms to Qualify for Cash Bonus:
New Customer must meet each of the following requirements to qualify for the cash bonus:
Open a new HSBC Premier checking account (“New Account”) during the Offer Period; AND
Meet a Qualifying Balance of $50,000 or more of New Money in deposit and/or eligible investment accounts within 30 calendar days of opening the New Account; AND
Maintain the required Qualifying Balance for 3 full consecutive calendar months following the New Account opening month. AND
Remain opted-in to receive HSBC marketing emails.
For purposes of determining whether the New Customer has maintained the required Qualifying Balance and the associated cash bonus tier, the New Customer’s Qualifying Balance will be reviewed at the end of 3 full consecutive calendar months following the New Account opening month.Cash Bonus Tier: The cash bonus amount is tiered and based on the Qualifying Balance, as follows:
Qualifying Balance: Cash Bonus
$50,000-$99,999.99: $1,000
$100,000-$249,999.99: $1,500
$250,000-$499,999.99: $2,000
$500,000+: $3,000
If all offer requirements are met, the cash bonus will be deposited into the New Account within 8 weeks from the date the New Account is fully qualified. “Fully qualified” means all offer requirements have been met, including the 3-month maintenance requirement. Any payments may be subject to tax and will be reported to the Internal Revenue Service as required by applicable law.Important: The minimum Qualifying Balance of $50,000 required to earn the cash bonus under this offer is less than the $100,000 combined balance requirement to waive the $50 Monthly Maintenance Fee on your HSBC Premier checking account. If you do not meet at least one of the HSBC Premier qualification criteria, you will be charged a $50 Monthly Maintenance Fee regardless of your eligibility for this promotional cash bonus. Please refer to the HSBC Premier Terms and Charges Disclosure for full details on fee waiver requirements.Additional Terms:
Offer is non-transferable and available only to individuals who are at least 18 years of age.
Your New Account must be open and in good standing at time of bonus fulfillment.
All promotional offers, products, and services offered by HSBC are subject to updates, modifications, and/or termination by HSBC at any time without notice.
Eligible New Customers who take advantage of this offer cannot receive any other New Consumer Deposit Offers provided by HSBC Bank USA, N.A. New Consumer Deposit Offers are defined as incentives in the form of merchandise and/or cash bonus that are offered to consumers who open an eligible checking account and satisfy qualifying activities. New Assets cannot be applied to meet the requirements of more than one offer, unless the other offer(s) state otherwise.
For joint accounts, the first name on the joint account is considered the new customer for the cash bonus.
If you do not wish to participate in this campaign or if you qualify for this offer and do not want to receive the cash bonus and/or future marketing messages for this campaign, please contact us and reference offer name: Q4’26 New Customer Offer. You can Chat with us 24 hours a day, 7 days a week on the HSBC US Mobile Banking App or at us.hsbc.com/chatwithus. You can call us at 1-888-662-4722 or outside the U.S. or Canada at 716-841-6866 or contact your Wealth Relationship Manager.
Minimum Opening Balance
$0
Monthly Fee
$50
Why We Like It
Earn up to a $3,000 bonus1 <div class="hsbc-premier-q4-2026-terms">
<p><strong>Q4 2026 New Customer Offer Terms and Conditions</strong><br>
Offer valid from September 1, 2026, through and including December 31, 2026 (“Offer Period”). Only New Customers are eligible for this offer.</p>
<p><strong>Definitions:</strong><br>
“<strong>New Customer</strong>” means a customer that does not have a current or past HSBC account in the U.S. on file. Customers who have a current or past HSBC account in the U.S. on file are not eligible for this offer.<br>
“<strong>New Money</strong>” means deposits or investments not previously held by any member of the HSBC Group in the U.S. New Money is determined at HSBC’s discretion.<br>
“<strong>Qualifying Balance</strong>” means the total amount of New Money in consumer deposit and/or eligible investment accounts being held by the New Customer (as “primary” account holder) at a determined timeframe described below. <strong>Consumer accounts/assets that are ineligible for Qualifying Balance</strong>: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts, including, but not limited to, IRAs, Keogh, Simple IRAs and 401(k) Plans; UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts.</p>
<p><strong>Terms to Qualify for Cash Bonus:</strong><br>
New Customer must meet each of the following requirements to qualify for the cash bonus:</p>
<ul>
<li>Open a new HSBC Premier checking account (“New Account”) during the Offer Period; AND</li>
<li>Meet a Qualifying Balance of $50,000 or more of New Money in deposit and/or eligible investment accounts within 30 calendar days of opening the New Account; AND</li>
<li>Maintain the required Qualifying Balance for 3 full consecutive calendar months following the New Account opening month. AND</li>
<li>Remain opted-in to receive HSBC marketing emails.</li>
</ul>
<p>For purposes of determining whether the New Customer has maintained the required Qualifying Balance and the associated cash bonus tier, the New Customer’s Qualifying Balance will be reviewed at the end of 3 full consecutive calendar months following the New Account opening month.</p>
<p><strong>Cash Bonus Tier</strong>: The cash bonus amount is tiered and based on the Qualifying Balance, as follows:<br>
Qualifying Balance: Cash Bonus<br>
$50,000-$99,999.99: $1,000<br>
$100,000-$249,999.99: $1,500<br>
$250,000-$499,999.99: $2,000<br>
$500,000+: $3,000<br>
If all offer requirements are met, the cash bonus will be deposited into the New Account within 8 weeks from the date the New Account is fully qualified. “Fully qualified” means all offer requirements have been met, including the 3-month maintenance requirement. <strong>Any payments may be subject to tax and will be reported to the Internal Revenue Service as required by applicable law.</strong></p>
<p><strong>Important: </strong>The minimum Qualifying Balance of $50,000 required to earn the cash bonus under this offer is less than the $100,000 combined balance requirement to waive the $50 Monthly Maintenance Fee on your HSBC Premier checking account. If you do not meet at least one of the HSBC Premier qualification criteria, you will be charged a $50 Monthly Maintenance Fee regardless of your eligibility for this promotional cash bonus. Please refer to the HSBC Premier Terms and Charges Disclosure for full details on fee waiver requirements.</p>
<p><strong>Additional Terms:</strong></p>
<ul>
<li>Offer is non-transferable and available only to individuals who are at least 18 years of age.</li>
<li>Your New Account must be open and in good standing at time of bonus fulfillment.</li>
<li>All promotional offers, products, and services offered by HSBC are subject to updates, modifications, and/or termination by HSBC at any time without notice.</li>
<li>Eligible New Customers who take advantage of this offer cannot receive any other New Consumer Deposit Offers provided by HSBC Bank USA, N.A. New Consumer Deposit Offers are defined as incentives in the form of merchandise and/or cash bonus that are offered to consumers who open an eligible checking account and satisfy qualifying activities. <strong>New Assets cannot be applied to meet the requirements of more than one offer, unless the other offer(s) state otherwise.</strong></li>
<li>For joint accounts, the first name on the joint account is considered the new customer for the cash bonus.</li>
<li>If you do not wish to participate in this campaign or if you qualify for this offer and do not want to receive the cash bonus and/or future marketing messages for this campaign, please contact us and reference offer name: Q4’26 New Customer Offer. You can Chat with us 24 hours a day, 7 days a week on the HSBC US Mobile Banking App or at us.hsbc.com/chatwithus. You can call us at 1-888-662-4722 or outside the U.S. or Canada at 716-841-6866 or contact your Wealth Relationship Manager.</li>
</ul>
</div> when you open an HSBC Premier2 <div class="hsbc-premier-qualification-criteria">
<p>To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and meet one of the following requirements. A monthly maintenance fee of $50 will be incurred if at least one of these requirements is not maintained. Refer to your ‘HSBC Premier Terms and Charges Disclosure’ for full details.</p>
<ul>
<li>Balances of $100,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment accounts; OR</li>
<li>Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR</li>
<li>Any HSBC U.S. residential mortgage loan serviced by HSBC. Home Equity products, loans that are in foreclosure or bankruptcy, and loans for which servicing rights have been transferred are not included</li>
<li>Consumers who maintain Private Bank status</li>
</ul>
</div> 3 <p>Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Social Security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to this account by your employer or an outside agency (please check with your employer or outside agency to determine if they use the ACH network). Direct deposits that do not qualify include but are not limited to transfers from one account to another, mobile deposits, or deposits made at a Wealth Center or ATM.</p> checking account and complete qualifying activities.
Get $1,000: Deposit or invest $50,000 to $99,999; Get $1,500: Deposit or invest $100,000 to $249,999; Get $2,000: Deposit or invest $250,000 to $499,999; Get $3,000: Deposit or invest $500,000+
Manage your finances around the world, with Premier privileges in select countries, perfect for global lifestyles.
Our credit cards come with a competitive range of rewards and benefits that complement your lifestyle.
To determine the best banks for high-net-worth individuals, we researched the top U.S. banks that offer exclusive perks and benefits to private banking clients and wealthy individuals. We evaluated the minimum balance requirements, features, and services offered by each bank.
We also considered the unique needs and preferences of high-net-worth individuals when it comes to banking. Based on these factors, we compiled a list of banks that could fit the needs of those individuals. Keep in mind that our list is not comprehensive and doesn’t follow a certain order. Our aim is to provide a starting point for anyone who is researching this subject.
Compare the best banks for high-net-worth individuals
I recommend Chase Private Client Checking℠ if you have nearby Chase branches that offer Private Client services, especially if you already bank with Chase. It's the best option on this list for priority support because Chase Private Client Checking℠ customers can use the Private Client phone line to reach specialized bankers who can help answer questions and resolve issues. Account holders also enjoy priority support for personal finance, loans, and business needs.
You might also find Chase Private Client Checking℠ benefits valuable ifyou travel internationally, as Chase won't charge you a fee at non-Chase ATMs worldwide and will refund ATM fees charged by the non-Chase ATMs. It also won't charge for certain wire transfers.
Chase Private Client Checking℠ comes with a $35 monthly service fee unless you meet the $150,000 balance requirement. This applies to any combination of your checking account and linked qualifying deposit or investment accounts, or if you have a linked Chase Platinum Business Checking account.
Pros
No ATM fees worldwide
No Chase fee on incoming or outgoing wire transfers
Chase Private Client banker relationship
Home and auto loan discounts for eligible customers
Cons
$35 monthly service fee (avoidable)
Not all Chase branches offer Chase Private Client Checking℠ services
Chase Private Client Checking℠ services aren't available in all Chase branches, so make sure your local branch has these services before signing up.
J.P. Morgan Private Bank
Best for dedicated support specialists
J.P. Morgan Private Bank makes sense if you value personalized service and having access to your own advisors. Clients receive dedicated support from J.P. Morgan team members, including a relationship manager, and client service professionals for any questions they have about J.P. Morgan or Chase products and services.
While that makes this a great bank for wealth management, this is premium relationship banking, and you can generally only qualify to join if you have at least $750,000 in qualifying assets with J.P. Morgan Chase. Clients can withdraw local cash in different countries with fee-free access to ATMs worldwide.
We'd recommend J.P. Morgan Private Bank to you if you have a hefty sum to deposit and value high-quality, concierge-level customer service.
Best for individuals with many Wells Fargo accounts
I can see this premium account being a good fit for you if you're loyal to Wells Fargo. You can open it even if you don't have millions of dollars because it only requires a minimum deposit of $25, although you'll need a balance of at least $250,000 to avoid the $35 monthly fee.
This high-net-worth bank account is ideal for people who choose Wells Fargo for many of their financial needs because it offers preferred rates on select loans, Platinum Savings accounts, and CDs. It also waives many banking service fees, including foreign transaction, monthly (with qualifying linked balances), and ATM fees. You'll receive discounts on foreign currency exchanges, automated investment portfolios, and Wells Fargo Advisors as well.
I wouldn't recommend Wells Fargo Premier Checking if you don't plan to bank, invest, and open other accounts, like credit cards and/or loans, with Wells Fargo. You should also consider other options from this list if you can't waive the monthly maintenance fee or want more professional support besides a dedicated banker. You'd receive a more exclusive wealth-planning experience from Goldman Sachs and a team of specialists from Chase Private Client.
Pros
No ATM fees worldwide
Can upgrade to and downgrade from this account easily
Premier banker relationship
Loan and banking discounts and waived fees
Cons
$35 monthly service fee (avoidable)
No dedicated financial advising or wealth planning services
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
2026 AWARD WINNERBest Online Checking
Earn Up to $400 When You Set Up Direct Deposit
Limited-Time Offer: Earn a $50 or $400 bonus with eligible direct deposit and up to 3.80% APY on Savings (3.10% APY4 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/26. See full bonus and annual percentage yield (APY) terms at <a href="https://www.sofi.com/banking/checking-offer/">sofi.com/banking/checking-offer/</a></p> with +0.70% APY Boost) for up to 6 months on new accounts. Terms Apply.5 <p>Earn up to 3.80% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.10% APY) for up to 6 months. Open a new SoFi Checking & Savings account with Eligible Direct Deposit by 12/31/26. Rates variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.</p> FDIC Insured.6 <p><b style="font-family: Rubik, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, sans-serif;">SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.</b></p>
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
2026 AWARD WINNERBest Savings for High APYs
Openbank High Yield Savings - 3.80% APY7 <p>Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12:01 AM ET 5/29/26. The products and rates we offer may vary between locations, are available in select markets only, and are subject to change without notice. Rate for this product will be based on the residential ZIP code entered when account is opened within online application process. This is a variable-rate account and the rate applicable may change at our discretion any time without notice. A minimum deposit of $500 is required to open a Openbank High Yield Savings account. Personal accounts only.</p>
<p>Openbank is a division of Santander Bank, N.A. Member FDIC. There is a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership. Visit FDIC.gov for details. Deposits at Santander Bank, N.A., and Openbank are combined for the purposes of calculating FDIC insurance limits (FDIC Cert #29950) and are not separately insured.</p>
Earn 9x the national savings average for Savings deposit products as published on FDIC.gov.
Citigold Private Client makes sense if you want a comprehensive solution for your finances and have passed the $1 million mark in assets.
We would especially recommend it if:
You want access to a full wealth team, including a wealth advisor, wealth relationship manager, financial specialists, and service teams.
You appreciate lifestyle benefits, such as access to exclusive experiences, complimentary admission, and invitations to private events.
You want unlimited refunds on ATM fees at non-Citibank ATMs worldwide.
Citigold Private Client doesn't make sense if you don't meet the balance requirements. I would also consider whether you will actually use the lifestyle benefits. If not, the strict requirements for this account may not be worth it.
Goldman Sachs Private Wealth Management makes sense if you have over $10 million in investable assets and prefer curated financial support.
I think you might find Goldman Sachs Private Wealth Management benefits valuable if:
You want a low client-to-advisor ratio: Clientsreceive support from wealth advisors that are immersed in your world.
You want personalized financial solutions: Goldman Sachs wealth advisors use a holistic approach to provide you with financial services that meet your unique needs.
You want global support: Goldman Sachs has offices in the Americas, Europe, Middle East, Africa, and Asia.
Goldman Sachs Private Wealth Management doesn't make sense if you can't meet the high minimum balance requirement.
Pros
Access to private wealth advisors
Access to a variety of services including investment advice, trust and estate planning, liquidity and lending, and giving and social impact
Morgan Stanley Private Wealth Management makes sense if you fall on the higher end of the high-net-worth individual range, such as $10 million or more in assets, and is ideal if you're looking for investment-related perks.
Morgan Stanley owns E*TRADE, a renowned online broker known for its cutting-edge stock-trading platform. With Morgan Stanley Private Wealth Management, you'll receive personalized wealth management and investing strategies, including custom solutions and advising. For example, the Art Resources Team at Morgan Stanley could help you manage your art portfolio.
Private Wealth Management customers can expect personalized solutions for all their financial needs, with benefits that even extend to lifestyle perks and cybersecurity.
Morgan Stanley Private Wealth Management doesn't make sense if you can't meet its minimum balance recommendations of at least $10 million.
How high-net-worth individuals should choose a bank
If you're a high-net-worth individual, I would recommend considering these factors before choosing the best bank for you.
Requirements
The minimum balance requirements can vary by millions of dollars for banks designed to service high-net-worth individuals. For example, you need at least $150,000 for Chase Private Client Checking℠, but Goldman Sachs Private Wealth Management requires at least $10 million.
Your choice of a bank could depend in large part on the amount of wealth you want to manage. I would choose a bank that caters to ultra-high-net-worth individuals if you have over $30 million in assets, as it will have professionals experienced in handling such large amounts of money.
Fees
I always encourage people to look at fees when opening any new account, and it's no different for high-net-worth individuals. Be sure to consider any applicable bank fees and additional pricing for the services you're looking to access from a financial institution, such as making wire transfers or purchasing certificates of deposits (CDs).
Some banks might charge fees for simply having you as a client. That's the case with Chase Private Client Checking℠, which charges a $35 monthly service fee if you don't meet certain requirements.
Services
Make sure to have a clear understanding of your own personal finance needs and goals before selecting a bank. Then look at what services the bank offers to see if they align. Common private banking services include:
Brokerage accounts
Cash management
Investment management and investment services
Deposit accounts
Personalized solutions
High net worth private banking perks
On top of being some of the best wealth management banks, many institutions that serve high-net-worth clients provide lifestyle benefits. This could include discounts on brands, invitations to exclusive events, and access to lifestyle advice or concierge services.
I recommend not only looking into the benefits and perks offered by the banks you're considering, but also giving thought to which benefits you will actually use. It's not helpful to have discounts on brands that you don't shop for, for example.
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Earn up to a $3,000 Bonus With This Checking Account
Open a new HSBC Premier checking account by December 31, 2026. Add your preferred amount of deposits and/or eligible investments within 30 days, maintain your balances for 3 full consecutive months, and remain opted-in to receive HSBC marketing emails.1 <div class="hsbc-premier-q4-2026-terms">
<p><strong>Q4 2026 New Customer Offer Terms and Conditions</strong><br>
Offer valid from September 1, 2026, through and including December 31, 2026 (“Offer Period”). Only New Customers are eligible for this offer.</p>
<p><strong>Definitions:</strong><br>
“<strong>New Customer</strong>” means a customer that does not have a current or past HSBC account in the U.S. on file. Customers who have a current or past HSBC account in the U.S. on file are not eligible for this offer.<br>
“<strong>New Money</strong>” means deposits or investments not previously held by any member of the HSBC Group in the U.S. New Money is determined at HSBC’s discretion.<br>
“<strong>Qualifying Balance</strong>” means the total amount of New Money in consumer deposit and/or eligible investment accounts being held by the New Customer (as “primary” account holder) at a determined timeframe described below. <strong>Consumer accounts/assets that are ineligible for Qualifying Balance</strong>: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts, including, but not limited to, IRAs, Keogh, Simple IRAs and 401(k) Plans; UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts.</p>
<p><strong>Terms to Qualify for Cash Bonus:</strong><br>
New Customer must meet each of the following requirements to qualify for the cash bonus:</p>
<ul>
<li>Open a new HSBC Premier checking account (“New Account”) during the Offer Period; AND</li>
<li>Meet a Qualifying Balance of $50,000 or more of New Money in deposit and/or eligible investment accounts within 30 calendar days of opening the New Account; AND</li>
<li>Maintain the required Qualifying Balance for 3 full consecutive calendar months following the New Account opening month. AND</li>
<li>Remain opted-in to receive HSBC marketing emails.</li>
</ul>
<p>For purposes of determining whether the New Customer has maintained the required Qualifying Balance and the associated cash bonus tier, the New Customer’s Qualifying Balance will be reviewed at the end of 3 full consecutive calendar months following the New Account opening month.</p>
<p><strong>Cash Bonus Tier</strong>: The cash bonus amount is tiered and based on the Qualifying Balance, as follows:<br>
Qualifying Balance: Cash Bonus<br>
$50,000-$99,999.99: $1,000<br>
$100,000-$249,999.99: $1,500<br>
$250,000-$499,999.99: $2,000<br>
$500,000+: $3,000<br>
If all offer requirements are met, the cash bonus will be deposited into the New Account within 8 weeks from the date the New Account is fully qualified. “Fully qualified” means all offer requirements have been met, including the 3-month maintenance requirement. <strong>Any payments may be subject to tax and will be reported to the Internal Revenue Service as required by applicable law.</strong></p>
<p><strong>Important: </strong>The minimum Qualifying Balance of $50,000 required to earn the cash bonus under this offer is less than the $100,000 combined balance requirement to waive the $50 Monthly Maintenance Fee on your HSBC Premier checking account. If you do not meet at least one of the HSBC Premier qualification criteria, you will be charged a $50 Monthly Maintenance Fee regardless of your eligibility for this promotional cash bonus. Please refer to the HSBC Premier Terms and Charges Disclosure for full details on fee waiver requirements.</p>
<p><strong>Additional Terms:</strong></p>
<ul>
<li>Offer is non-transferable and available only to individuals who are at least 18 years of age.</li>
<li>Your New Account must be open and in good standing at time of bonus fulfillment.</li>
<li>All promotional offers, products, and services offered by HSBC are subject to updates, modifications, and/or termination by HSBC at any time without notice.</li>
<li>Eligible New Customers who take advantage of this offer cannot receive any other New Consumer Deposit Offers provided by HSBC Bank USA, N.A. New Consumer Deposit Offers are defined as incentives in the form of merchandise and/or cash bonus that are offered to consumers who open an eligible checking account and satisfy qualifying activities. <strong>New Assets cannot be applied to meet the requirements of more than one offer, unless the other offer(s) state otherwise.</strong></li>
<li>For joint accounts, the first name on the joint account is considered the new customer for the cash bonus.</li>
<li>If you do not wish to participate in this campaign or if you qualify for this offer and do not want to receive the cash bonus and/or future marketing messages for this campaign, please contact us and reference offer name: Q4’26 New Customer Offer. You can Chat with us 24 hours a day, 7 days a week on the HSBC US Mobile Banking App or at us.hsbc.com/chatwithus. You can call us at 1-888-662-4722 or outside the U.S. or Canada at 716-841-6866 or contact your Wealth Relationship Manager.</li>
</ul>
</div>
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Wells Fargo Everyday Checking - Earn a $325 Bonus
Earn a $325 new checking customer bonus when you open an Everyday Checking account and make $1,000 or more in qualifying direct deposits. Wells Fargo Bank, N.A. Member FDIC
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Bank of America Advantage Plus Banking®
New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. Click Learn More for details. Bank of America, N.A. Member FDIC
You might be able to insure more than $250,000 in a bank through FDIC insurance if you:
Add a joint owner
Use different ownership categories for your accounts
Open an account with another bank or credit union
Use a bank network to spread out your deposits
Where does Warren Buffett keep his cash?
Warren Buffett keeps a lot of cash in U.S. Treasury bills, which pay out interest when the bill matures in periods of 4, 8, 13, 17, 26, or 52 weeks. U.S. Treasury interest rates can often beat out the annual percentage yield (APY) on savings accounts. Some of Buffett's major Berkshire Hathaway investments include Apple, Bank of America, Coca-Cola, and American Express.
Bottom line
Chase Private Client Checking℠ is easily the top choice on our list if you want increased personal banking support but don't have more than $1 million in assets. For ultra-high-net-worth individuals, J.P. Morgan Private Bank is an excellent, award-winning choice for wealth management.
For more help finding the right bank for high-net-worth banking, check out our list of the best premium checking accounts.
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Earn up to a $3,000 bonus1 <div class="hsbc-premier-q4-2026-terms">
<p><strong>Q4 2026 New Customer Offer Terms and Conditions</strong><br>
Offer valid from September 1, 2026, through and including December 31, 2026 (“Offer Period”). Only New Customers are eligible for this offer.</p>
<p><strong>Definitions:</strong><br>
“<strong>New Customer</strong>” means a customer that does not have a current or past HSBC account in the U.S. on file. Customers who have a current or past HSBC account in the U.S. on file are not eligible for this offer.<br>
“<strong>New Money</strong>” means deposits or investments not previously held by any member of the HSBC Group in the U.S. New Money is determined at HSBC’s discretion.<br>
“<strong>Qualifying Balance</strong>” means the total amount of New Money in consumer deposit and/or eligible investment accounts being held by the New Customer (as “primary” account holder) at a determined timeframe described below. <strong>Consumer accounts/assets that are ineligible for Qualifying Balance</strong>: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts, including, but not limited to, IRAs, Keogh, Simple IRAs and 401(k) Plans; UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts.</p>
<p><strong>Terms to Qualify for Cash Bonus:</strong><br>
New Customer must meet each of the following requirements to qualify for the cash bonus:</p>
<ul>
<li>Open a new HSBC Premier checking account (“New Account”) during the Offer Period; AND</li>
<li>Meet a Qualifying Balance of $50,000 or more of New Money in deposit and/or eligible investment accounts within 30 calendar days of opening the New Account; AND</li>
<li>Maintain the required Qualifying Balance for 3 full consecutive calendar months following the New Account opening month. AND</li>
<li>Remain opted-in to receive HSBC marketing emails.</li>
</ul>
<p>For purposes of determining whether the New Customer has maintained the required Qualifying Balance and the associated cash bonus tier, the New Customer’s Qualifying Balance will be reviewed at the end of 3 full consecutive calendar months following the New Account opening month.</p>
<p><strong>Cash Bonus Tier</strong>: The cash bonus amount is tiered and based on the Qualifying Balance, as follows:<br>
Qualifying Balance: Cash Bonus<br>
$50,000-$99,999.99: $1,000<br>
$100,000-$249,999.99: $1,500<br>
$250,000-$499,999.99: $2,000<br>
$500,000+: $3,000<br>
If all offer requirements are met, the cash bonus will be deposited into the New Account within 8 weeks from the date the New Account is fully qualified. “Fully qualified” means all offer requirements have been met, including the 3-month maintenance requirement. <strong>Any payments may be subject to tax and will be reported to the Internal Revenue Service as required by applicable law.</strong></p>
<p><strong>Important: </strong>The minimum Qualifying Balance of $50,000 required to earn the cash bonus under this offer is less than the $100,000 combined balance requirement to waive the $50 Monthly Maintenance Fee on your HSBC Premier checking account. If you do not meet at least one of the HSBC Premier qualification criteria, you will be charged a $50 Monthly Maintenance Fee regardless of your eligibility for this promotional cash bonus. Please refer to the HSBC Premier Terms and Charges Disclosure for full details on fee waiver requirements.</p>
<p><strong>Additional Terms:</strong></p>
<ul>
<li>Offer is non-transferable and available only to individuals who are at least 18 years of age.</li>
<li>Your New Account must be open and in good standing at time of bonus fulfillment.</li>
<li>All promotional offers, products, and services offered by HSBC are subject to updates, modifications, and/or termination by HSBC at any time without notice.</li>
<li>Eligible New Customers who take advantage of this offer cannot receive any other New Consumer Deposit Offers provided by HSBC Bank USA, N.A. New Consumer Deposit Offers are defined as incentives in the form of merchandise and/or cash bonus that are offered to consumers who open an eligible checking account and satisfy qualifying activities. <strong>New Assets cannot be applied to meet the requirements of more than one offer, unless the other offer(s) state otherwise.</strong></li>
<li>For joint accounts, the first name on the joint account is considered the new customer for the cash bonus.</li>
<li>If you do not wish to participate in this campaign or if you qualify for this offer and do not want to receive the cash bonus and/or future marketing messages for this campaign, please contact us and reference offer name: Q4’26 New Customer Offer. You can Chat with us 24 hours a day, 7 days a week on the HSBC US Mobile Banking App or at us.hsbc.com/chatwithus. You can call us at 1-888-662-4722 or outside the U.S. or Canada at 716-841-6866 or contact your Wealth Relationship Manager.</li>
</ul>
</div> when you open an HSBC Premier2 <div class="hsbc-premier-qualification-criteria">
<p>To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and meet one of the following requirements. A monthly maintenance fee of $50 will be incurred if at least one of these requirements is not maintained. Refer to your ‘HSBC Premier Terms and Charges Disclosure’ for full details.</p>
<ul>
<li>Balances of $100,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment accounts; OR</li>
<li>Monthly recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s); OR</li>
<li>Any HSBC U.S. residential mortgage loan serviced by HSBC. Home Equity products, loans that are in foreclosure or bankruptcy, and loans for which servicing rights have been transferred are not included</li>
<li>Consumers who maintain Private Bank status</li>
</ul>
</div> 3 <p>Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, Social Security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to this account by your employer or an outside agency (please check with your employer or outside agency to determine if they use the ACH network). Direct deposits that do not qualify include but are not limited to transfers from one account to another, mobile deposits, or deposits made at a Wealth Center or ATM.</p> checking account and complete qualifying activities.
Get $1,000: Deposit or invest $50,000 to $99,999; Get $1,500: Deposit or invest $100,000 to $249,999; Get $2,000: Deposit or invest $250,000 to $499,999; Get $3,000: Deposit or invest $500,000+
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