HSBC USA Review  

HSBC USA Review- Facts, Company Profile, Product Description, Benefits, Drawbacks, Customer Comments and Personal Review

Facts & Company Profile 

HSBC USA ® is one of the top ten largest financial services companies in the entire United States.  The company is headquartered in Mettawa, Illinois and its CEO is Paul Lawrence.  The company has a steeped historically history that dates all the way back to one of its founding members beginning in 1865.  The company operates in a number of financial areas including online banking, credit cards, insurance, and loans and mortgage.  HSBCUSA ® promotes its services through its website, http://www.hsbcusa.com. 

***For more information on two proven companies in this field, visit the Lifelock review or IDWatchdog review.*** 

Product Description 

HSBC USA ® helps provide identity theft protection in a number of ways.  They focus on providing credit monitoring and identity theft resolution services.  HSBC's Identity Protection Plan^SM is the plan that keys on providing protection, detection, and resolution.   

Protection is provided thru this plan by providing a monthly newsletter, hacker alerts, and antivirus and personal firewall software.   

Detection is provided thru providing the customer with monthly credit reports alerting you to new accounts being opened or new inquiries. 

Resolution is provided to help resolve any issues of identity theft.  HSBCUSA ® provides its customers with help thru letters to creditors, identity theft insurance protection, a fraud resolution expert, and stolen card notification service. 

Currently, it is priced at $9.99 a month with the first month free. 

Benefits 

• Good basic identity theft protection service. 
• Prices are competitively priced with the industry. 
• Offers a bundling opportunity for HSBC USA® customers. 

Drawbacks 

• No unique benefits to this service compared to competitors. 
• Place a heavier burden for customers to review information for fraud that other services. 
• Discouraging study in 2008 says HSBC is one of the banks most prone to identity theft. 

Customer Comments 

• None found at this time. 

Personal Review 

Although there may be some advantages in using this service if you are an HSBC USA ® customer, this security plan does not appear to offer any unique advantages.  In addition, because it places more emphasis on you to monitor your own monthly reports, we suggest you look first to other services that put less work in your lap.  However, if you want to visit the website, here is direct link: www.hsbcusa.com.  

***For more information on two proven companies in this field, visit the Lifelock review or IDWatchdog review.***