Comments on: HSBC Direct Bank Certificate of Deposit Rates

By: vincent paone

vincent paone — Sun, 31 May 2009 20:24:02 +0000

i need to find cd int rates going back too jan.2000. can anyone tell me where??

By: Disgruntled

Disgruntled — Thu, 09 Apr 2009 04:57:21 +0000

Beware of HSBC CD’s. Advertized rate was 2.25% for a 6 month CD and they lowered my rate to 1.98% while funds were being transferred – *SILENTLY*. They made mistakes in verifying my account… the delay was their fault. They never sent me an online ID.. again their fault. They DONT communicate by regular email (atleast nothing that is useful). The list goes on!!!!!

By: Jayschiffer

Jayschiffer — Wed, 01 Apr 2009 09:24:58 +0000

BEWARE HSBC ONLINE CD’s!!!!!!Hsbc has an online form that you use to sign up for a choice of CD’s. You check off the length and the rate as part of the form. The funds I used were from an existing online account through them. Just to make sure the rate was secure even though the form listed it I call twice with various questions and was assured that the rate was what I checked off on the form. The next day I checked and they had given me a lower rate and could really care less. Two weaks later and three long phone conversation with a few people half way around the world and still no call back. What a joke and very decieving. My account is pretty darn big too. Cant believe it!!!!!!! Dont get involve. Even my online savings had some issues.

By: lookingforbestcodrate

lookingforbestcodrate — Wed, 25 Feb 2009 01:06:57 +0000

HSBC is a China (Hong Kong) based bank. No suprise that they twisted anytime.

By: drcurmudgeon

drcurmudgeon — Thu, 27 Nov 2008 17:43:19 +0000

You may not get the advertised rate from HSBC. I opened a 6-month CD at HSBC based on an excellent advertised interest rate. Before I funded it I double-checked the rate. They decided to lower the rate substantially while the funds were being electronically transmitted, and they locked in my CD at a 3.1% APY instead of the advertised 4%. I would never do business with an organization like this again.