HSBC Direct increases Online Savings Account rate
Published: 03-Jun-2008
HSBC Direct, the online-only banking business of HSBC Bank USA, has increased the rate for its existing and new Online Savings Account customers to 3.50% APY on both new and current funds.
HSBC has said that the offering rewards savers with a rate that is nine times the national savings average, and is up from 3.05% APY. The increased rate is effective immediately, and will run through August 15, 2008. Kevin Martin, executive vice president and head of HSBC Direct US, said: We are committed to helping our customers get the most from their money, and we constantly look for ways we can reward them. Increasing our HSBC Direct Online Savings Account to 3.50% - when other savings rates have been falling - gives new and existing customers an even better reason to start saving more.Network Sites

Suppliers To This Sector
Browse A-Z
Icon
Process Integrated Document Generation and Output Management ...
Clear2Pay
Regional Solutions for Global Payments ...
InfoReach
Software Solutions and Electronic Trading Technology ...
InteDelta
Risk Management Consultants ...
BBP
Comprehensive Outsourcing for Interbank Services, Compliance and Reconciliation ...
Niscayah
Banking Security Systems ...
White Papers
Browse A-Z
How Financial Firms Can Improve Business Integration Capabilities and Increase Straight-Through Processing Efficiency
This paper identifies some of the more common issues and challenges such as security and t ...
The Value of a Comprehensive Integration Solution
Many enterprises are currently spending more on integration-related projects than they nee ...
Business Collaboration Networks: Integral to the Success of the Enterprise
Without question, the development exerting the greatest influence on traditional business ...
Authentication and Signing: A Cryptomathic Business White Paper for Electronic Banking
As a leading security vendor to the financial sector, Cryptomathic have extensive experien ...
Law Enforcement Grade Voice Authentication For Enterprises
Agnitio offers technology for speaker verification and identification in financial service ...
How to Secure Online Banking from Man-in-the-Middle Attacks
Online banking has been steadily growing over the past decade. Almost every bank worldwide ...


Delicious
Digg
Reddit
Stumble
LinkedIn
Mail sent successfully