Each type of personal deposit account has more than one option. There are four different checking accounts and three different savings accounts offered. This allows you to find the account to fit your needs best. There are only three different term lengths of CDs offered. A six-month, one-year, and two-year terms.

The HSBC savings accounts all require only $1 to open. The checking account does not have an amount required when you open the account. The HSBC CDs require $1,000 to open.

There are a wide variety of different business accounts offered through HSBC. Savings accounts, checking accounts, and CDs are all available through HSBC. There are loans and credit cards for businesses. There are options for corporate accounts. Different cash management options are also available.

Along with business accounts, HSBC offers a wide variety of other products. That includes credit cards and insurance. They offer options for investing and retiring. There are also different loan options to meet your needs.

HSBC checking accounts have a monthly fee. The fees range from $3 to $50 each month. Most of the fees can be waived by meeting certain requirements. One checking account only allows eight checks or withdrawal slips to be written. After those eight you are charged for each check you write.

Interest rates on HSBC accounts are not competitive. They are much lower than other online-only accounts. Their rates are competitive with other brick and mortar banks.

The amounts required to keep in HSBC checking accounts to waive the fees are high. The amounts range from $1,500 to $100,000, depending on which account you open. Some accounts allow the fee to be waived if you have a direct deposit into the account of certain amounts. Know the fees and requirements to waive the fees before you open an account.

To receive the highest interest rates offered on HSBC accounts you must have a large balance. The savings accounts require $100,000 to earn the best rates offered. Lower amount still earn interest, just a lower rate.

Read the full HSBC Direct Bank review.

The Radius Hybrid checking account offers competitive interest rates. You earn the competitive interest rate on any balance over $2,500. The savings account offers competitive interest rates as well. You earn higher interest rates on balances over $25,000. The interest rate under $25,000 is still competitive, just a slightly lower rate.

Radius Bank offers a variety of business accounts. Four different checking accounts are available. The accounts vary in benefits. This allows you to find the best fit for your business. A money market account and CDs are available for businesses also.

Most Radius accounts do not have monthly fees. The only account that has a monthly fee is the Essential checking account. That fee is $9 a month. After you make the opening required deposit, there is no required amount to keep in Radius Bank accounts.

The Radius savings account and two checking accounts only require $100 to open. The basic checking account only requires $10 to open. There are three CDs you can open online, the one-year, 18-month, and the three-year. Each of those CDs only require $500 to open. Open different CD term lengths at branch locations. Those CDs require either $500 or $1,000 depending on the term.

At this time, only a few Radius accounts are available to open online. Three Radius checking accounts can be opened online. The Radius High-Yield savings account and CDs can also be opened online. To open a business account, visit their financial center in Boston, Massachusetts.

Only three Radius Bank CD terms are available to open online. The CDs include a 12-month, 18-month, and three-year CD. Each CD only requires $500 to open. The interest rate on the CDs are competitive with other online-only accounts.

Only one savings account is available through Radius Bank. They do not offer a money market account. There is no monthly fee for the savings account. The opening amount required is $100. You can request an ATM card for this savings account. Federal regulations only allow six transactions per statement cycle.

To earn the highest interest rates for the Radius savings account, you must have $25,000 in the account. Any amount over $10 earns interest. Those rates are low; similar to typical bank rates. Having $2,500 in the account will earn much higher rates. Rates for balances over $2,500 are good but still less than the interest you earn if you have over $25,000. To earn interest on your Radius checking account balance, you must have $2,500 in the account. Any amount less does not earn interest.

Read the full Radius Bank review.