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Categories: Savings/MMA
HSBC Direct Online Savings has been changed to 3.25% APY
This is a quick update, HSBC Direct’s promotional 3.5% APY has ended and going back to 3.25%. Still a leading interest rate number. HSBC Direct offers no fees, no minimums, and they’re FDIC insured, so your money is safe and covered up to $100,000.
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Here is a quick list to compare some online savings account and their APY for Sept. 17th, 2008:
- HSBC Direct - 3.25% APY
- WaMu - 3.75% APY
- E*Trade - 3.30% APY
- GMAC Bank - 3.00% APY
- ING Direct - 3.00% APY
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JoshuaSBK
at 05:33pm on Sep 26, 2008
ShoreBank, who I work with, is offering 3.5% APY on their online High Yield Savings Account. Plus, no monthly fees, $1 minimum balance and offers easy electronic transfers. Check it out at http://shorebankdirect.sbk.com.