HSBC Direct Raises Savings Rate »
By Savings on Jun 13, 2008 in Uncategorized | 0 Comments
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.
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.