Discuss (17) -
Posted at 11:11 PM on Tuesday 03/17/09 by
Ben
Hotness UNHOT
HSBC Direct offers 1.85% in their online savings account. Minimum balance to open is $1. If a third party charges you to use their ATM in the U.S., HSBC will rebate up to three of these fees based on transaction date order during the calendar month.

WTDirect.com - Wilmington Trust Direct is offering a 2.01% APY for an account balance of $10k. FDIC-insured up to $100,000 per depositor with Wilmington Trust FSB.
  • 1
    itzsm00th - Posted 11:42 pm PDT 03/17/09 (1081 Posts)  Report Spam

    wow an astonishing 1.85% where do I sign up?!!!!!

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  • 2
    S_Klass - Posted 2:02 am PDT 03/18/09 (1512 Posts)  Report Spam

    Problem is that this might be a teaser rate (their APY has been falling steadily) that may fall once they reach x number of depositors.

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  • 3
    RKLE - Posted 2:26 am PDT 03/18/09 (8910 Posts)  Report Spam

    corporate bail out

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  • 4
    bostonman - Posted 3:34 am PDT 03/18/09 (1455 Posts)  Report Spam

    HSBC never received any bail out money from any government.

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  • 5
    flaming_goat - Posted 4:41 am PDT 03/18/09 (74 Posts)  Report Spam

    GMAC Bank is 2.5% now

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  • 6
    muff_diver - Posted 6:42 am PDT 03/18/09 (215 Posts)  Report Spam

    It's better than the negative returns from the stock market (unless you short sell, like I do).

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  • 7
    cwins - Posted 7:07 am PDT 03/18/09 (218 Posts)  Report Spam

    #2 is right. they will cut the interest rate in a few months.

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  • 8
    squeekybobo - Posted 7:15 am PDT 03/18/09 (12 Posts)  Report Spam

    So, if they get bailed out and I've maxed out the card, does that mean I get a bailout too? Wink

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  • 9
    txtl - Posted 7:50 am PDT 03/18/09 (30 Posts)  Report Spam

    Bank Of America has non-risky (no term limit) CD for 2.25%

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  • 10
    InvaderZim - Posted 7:58 am PDT 03/18/09 (663 Posts)  Report Spam

    E*Trade's FDIC "Complete Savings" is at 1.7%. Good if you already have your cash there.

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  • 11
    zidane - Posted 8:10 am PDT 03/18/09 (455 Posts)  Report Spam

    dood- these rates have been dropping steadily- it used to be @ 5%+

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  • 12
    shomebody - Posted 8:42 am PDT 03/18/09 (107 Posts)  Report Spam

    bankrate.com or similar sites show a bunch of places with 2.3 to 2.5% available. 1.85 is pathetic. So is 2.5%, but less pathetic. And carefully consider GMAC Bank... they make me nervous.

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  • 13
    mtpaul - Posted 10:22 am PDT 03/18/09 (155 Posts)  Report Spam

    How is their customer service? ING rates are lower right now, but I haven't had any problems with them.

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  • 14
    paininthe - Posted 1:17 pm PDT 03/18/09 (454 Posts)  Report Spam

    This is just so sad. When I opened my account, the rate was over 5%.

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  • 15
    mikeypwr - Posted 3:28 pm PDT 03/18/09 (66 Posts)  Report Spam

    can someone tell me what the benefits of using HSBC are? they're a Hong Kong based bank so are there benefits to having it if you were in Asia?

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  • 16
    Scorpio - Posted 6:48 pm PDT 03/20/09 (426 Posts)  Report Spam

    FNBO Direct has 2.10%.

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  • 17
    RKLE - Posted 9:37 pm PDT 03/29/09 (8910 Posts)  Report Spam

    corporate bail out money here?

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