Today I was notified by a reader about the new promotion from HSBC. According to the promotion page, you can get up to $100 MasterCard gift card for opening a Plus checking account and an HSBC credit card. Although I personally think this promotion is not attractive to all of us, I’d like to mention this promotion at MyCardBlog together with another checking account bonus offer from Wells Fargo.

HSBC usually offers banking bonus for their savings account. But it’s really rare to see the bonus offer for their checking account. To take the chance to get $100 gift card, you have to:

1. Open a Plus Checking Account at HSBC with initial deposit of $4,000 in new money into any HSBC Deposit Account (not include OSA and OPA accounts). If your account is still at good standing after 180 days, a $75 gift card will be sent to you. This offer expires on September 12, 2008.

2. You can get an additional $25gift card if you apply for an HSBC Cash or Fly MasterCard when you open the Plus Checking Account. You have to make the first purchase before September 30, 2008.

The reason why I don’t like the Plus Checking Account offer is: To avoid a $15 monthly maintenance fee, you need to maintain $15,000 in total combined balances including personal deposit, investment and qualifying credit balances.

The HSBC Platinum MasterCard with Cash or Fly Rewards is a decent credit card offer which allows you to choose cash back rewards or fly miles rewards. Currently, this card offers 0% APR on purchase and balance transfer for up to 12 months.

HSBC also offers $25 sign-up bonus for opening a Premium Money Market Plus Savings Account by 9/30/2008. This account features no monthly fees.

Another banking offer is from Wells Fargo. This promotion is available only at local Wells Fargo branches. Although there is no online advertisement about this offer, I was confirmed by the CSR at Wells Fargo at the phone. According to my “Hard Pull and Soft Pull” post, Wells Fargo typically pull your credit report at the process of opening a new banking account. The minimum deposit to open the checking account is $100. My previous post about Wells Fargo can be found here. This one should be similar to that one.