I got this email the other day and it sucks. My online savings account was 5.05% and now they announced their savings account dropped to 4.5%. I like ING better anyway and ING pays 4.5% already. Lame
Quote:
Dear STEVE,
We are writing to let you know HSBC Direct has adjusted your Online Savings Account interest rate to 4.50% APY*.
This rate remains among America?s highest, at 10× the national savings average**?so you can continue to maximize your savings growth with HSBC Direct, recognized as the ?Best Online Savings Account? by Kiplinger?s Personal Finance.
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