ING Direct and HSBC Direct updated APY rate today – Feb 18, 2009

Today both ING Direct and HSBC Direct annonced new rate for the online saving accounts.  Unfortunately both companies lowered their APY rate.  The new rate for HSBC Direct is 2.25% (down from 2.45%) and ING Direct is 1.85% (down from 2.4%)

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FNBO Direct is still offering 2.60% APY as of today.  (Please do remember this rate changes constantly)

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HSBC Direct 3.5% Savings Account

HSBC DIrect’s saving interest rate was recently raised to 3.5%.  Very good comparing to the onlne saving banks. The increase rates applied to old and new accounts.  The 3.5% is guaranteed until August 15, 2008.

No montly fees, no minimum balance requirments, FDIC Insured

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In addition, HSBC is also offering a $25 bonus for completing the following steps:

  • Apply for an HSBC Interest Checking Account online
  • Open and fund your Interest Checking Account with $2,000 in new money
  • Get $25 credited to your account*

HSBCDirect – 5.05% APY – No Minimum Balance, No Monthly Fee, $1 to open account

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HSBCDirect – 5.05% APY – No Minimum Balance, No Monthly Fee, $1 to open account

HSBC is one of the biggest banks in the world with global presence in US, Europe and Asia.

Click Here to Open an account.