HSBC Direct Savings Account Rate – Updated Feb 2008
February 20, 2008 on 10:45 am | In Best Savings Rates | No CommentsUpdated 9/24/09. HSBC has dropped their highest savings rates again. The current savings rate is 1.35% APY. The account needs to be set-up on-line. Keep in mind that your actual earnings will depend on how long you leave the funds in the account.
They are quite a large bank with over $169 Billion in assets. In the US, they have multiple FDIC#s, but it appears the savings accounts are issued under FDIC# 57890.
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**Disclaimer. Rates and procedures can and do change. We make no guarantees for the rates or set-up procedures. If something is posted incorrectly, please let us know.