Savings accounts
Instant access, a published rate, and no fee to hold it
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Personal
Checking accounts
One monthly fee, every everyday transaction included
Overview
An HBI checking account carries a single monthly fee that covers your everyday transactions — card purchases, bill payments, ACH transfers and app transfers. There is no per-transaction charge and no surprise at month end.
Three tiers cover most households. You can move between them at any time, and the change applies from the first day of the next month with no fee to switch.
Why HBI
Banking that says the price first
Every HBI personal product is built the same way: one published fee, one published rate range, and the conditions written on the page rather than in a footnote. You should be able to work out what something costs before you speak to anyone.
When your circumstances change, the product should change with you. Moving between account tiers is free, paying off credit early carries no penalty, and we write to you before a fee that affects you changes.
What you get
Everything that is included
The full list, not the highlights. If something is not here, it is not included.
Features
- Unlimited debit card purchases, with no per-transaction fee
- Free HBI-to-HBI instant transfers, any amount, any time
- Free withdrawals at every HBI ATM, with out-of-network ATM fees refunded on Everyday and above
- Virtual card issued instantly for online shopping, separate from your physical card
- Automatic overdraft line review after three months of direct deposits
- Statements as PDF or CSV going back seven years
What you need to qualify
- Social Security number or ITIN, and a government-issued photo ID
- Minimum age 18 (see Youth accounts for under-18s)
- A US residential address
- A recurring direct deposit for the Everyday tier and above
Not sure you qualify?Speak to a banker before applying. A conversation costs nothing and does not touch your credit report.
Pricing
Fees & rates
Published here, and the same figure you will see in your quotation.
| Account | Monthly fee | Out-of-network ATM fees | Best suited to |
|---|---|---|---|
| HBI Essential | $5 | $3 each | First account or low volumes |
| HBI Everyday | $12 | 5 refunded a month | A paycheck and regular bill payments |
| HBI Signature | $25 | All refunded | Travel, higher balances and rewards |
Fees and rates are reviewed annually and published at least 30 days before any change takes effect. Terms and conditions apply.
How it works
Three steps, start to finish
What happens, in what order, and roughly how long each part takes.
Choose your tier
Compare the three fees against how you actually bank. Most clients with direct deposit land on Everyday.
Apply in about ten minutes
Your Social Security number, a photo ID and a selfie. We verify most applications automatically.
Bank the same day
Your account number and virtual card are live immediately; the physical card follows in three to five business days.
Good to know
How we look after you
Three commitments that apply to every personal product, this one included.
Thirty days’ notice of any fee change
Fees are reviewed once a year. We publish changes at least thirty days ahead and write to you directly when a change affects a product you hold.
Your deposits are protected
Deposits are insured by the FDIC up to $250,000 per depositor, per ownership category. Coverage is automatic and costs you nothing.
A complaint goes to a person
Tell us first and a named case handler replies within two business days. If we have not resolved it in twenty, you can submit a complaint to the Consumer Financial Protection Bureau at no cost.
Questions
Questions clients actually ask
If yours is not here, a banker will answer it directly.
Withdrawals at HBI ATMs are free on every tier. At other banks’ ATMs we charge $3 on Essential; Everyday refunds five of those fees a month and Signature refunds them all. The ATM owner may add its own surcharge.
Yes. You can hold up to three personal checking accounts, each with its own card and account number, and each billed separately.
No. None of the three tiers requires a minimum balance, and we do not charge a fee for a dormant positive balance.
From online banking under Profile, or at any branch. Closure is free and takes effect once automatic payments are canceled and the balance is zero.
Related
You may also want
Products clients commonly hold alongside this one.
Credit cards
No interest when you pay in full, and an APR we tell you before you apply
View
Overdrafts
A buffer on your checking account, charged only when you use it
View
Personal
Ready to take this further?
Apply online in about ten minutes, or ask a banker to call you at a time that suits.