Terms from the bank website:
Our gift to you when you open an HSBC Plus Checking Account with a qualifying deposit of new money by 3/31/2009.
To qualify for the $75 cash gift, you must be a new-to-HSBC Relationship checking customer and open a Plus Checking Account with an initial deposit of $1,500 of new money into any HSBC Deposit Account. APY for the Plus Checking Account of 0.02% is accurate as of March 5, 2009 on balances of $5 or more. Cash bonus is considered interest income and will be reported on IRS Form 1099-INT. HSBC reserves the right to charge your checking account an amount equal to the bonus unless the new deposit account remains open and active for at least 180 days.