Investments are the best tool to increase and consolidate your savings. There is no better option than investing with banks. HSBC Direct Bank is committed to help you reach your Savings goal. In 2005 it reported $7 billion in its deposits. Its online savings products offer high yields like Online Savings Account, Online Payment Account and Online CD Account. On 9 July 2006, The Washington Post stated “Banks are in hot competition for your savings… The top yields come from the online-only accounts offered by HSBCdirect.com…”
HSBC Direct Online Certificates of Deposit guarantee you great earnings in the ever fluctuating financial world. With a CD Account you can earn a competitive interest rate without any danger of suffering the market risks. Plus you can manage your account online.
Certificate of Deposit Rates:
6 Month CD:
With a minimum opening deposit of $5,000 you can earn an APY of 3.30%.
9 Month CD:
With a minimum opening deposit of $5,000 you can earn an APY of 3.40%.
*All the above quoted APYs are accurate as of 7/29/2008.
CD Account Features:
@ A penalty will be imposed for early withdrawal
@ Your funds are FDIC insured.
@ On CD maturity you can earn the then interest rate and APY for the same term without having to renew it.
@ You can instantly transfer your balance to other HSBC Direct accounts during the grace period.
@ Your online account is secured by the latest security technology methods.
In 2007, Money Magazine named HSBC Direct as “Best of Breed.” HSBC has 10,000 offices in 82 countries. It is the second largest financial company in the world and among the largest in the U.S.
Now you can easily get connected to one of the largest financial companies of the world. You can sign up here for a new account https://www.hsbcdirect.com/1/2/1/default/ocd-appinfo?code=MIW0000055.