HSBC Direct Online Savings

Posted by Highest Interest Rates on 06/10/08 in Savings Rates

HSBC Direct recently raised the rate on their online savings account to 3.50%, which is higher than both E*Trade (3.15%) and Wamu (3.30%). This new rate applies to both new and returning customers.

HSBC Direct

Here are some of the details:

  • No minimums or fees
  • Only a $1 deposit required
  • The rate is guaranteed through 8/15/2008
  • ATM cards are available
  • Unlimited links to external accounts
  • No hard credit pulls

HSBC is one of the world’s largest and most reputable banks, so losing your money is probably a non-issue. Of course, it’s FDIC insured for the standard $100,000.

Related posts:

  1. WT Direct High Yield Savings Account
  2. E*Trade Financial Top Savings Rate
  3. iGoBanking Savings Account – 5.30% APY
  4. Washington Mutual Savings/Free Checking Review

1 Comment(s)

  1. DANI | Oct 21, 2008 | Reply

    HSBC WAITS UNTIL YOU HAVE HAD YOUR ACCOUNT FOR A MONTH THEN CHANGES THE RATE DOWN TO 3%, NOT 3.5% AND CLAIMS IT IS DUE TO THE MARKET.

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