HSBC CD Rates
The HSBC CD rates have been pretty good lately. If you are looking for an online bank CD, HSBC Direct Online Banking is worth checking out.
HSBC Direct CD Rates
There are three HSBC certificates of deposits that are really worth considering – the 9 month CD, 12 month CD and 18 month CD. This article will only cover the HSBC 9 month CD and 12 month CD.
HSBC 9 Month CD Rates
HSBC Direct’s 9 month certificate of deposit currently has an interest rate of 2.05%. While not as good as the 3% certificate of deposit rates that we were seeing last year, in 2009 this is a very competitive 9 month CD rate.
HSBC 12 Month CD Rates
HSBC Direct’s 12 month certificate of deposit currently has an interest rate of 2.30% . For the additional 3 months of term, I really like this 12 month CD over the 9 month CD. For an additional 25 basis points and only 3 additional months to the certificate of deposit term, I would choose the 12 month HSBC CD.
Both of these certificates of deposits have a super low minimum deposit requirement of $10. I am not sure why anyone would buy a $10 CD, but it is great to find a low minimum deposit CD.
The HSBC Online Banking official website is a great online banking interface. If you are thinking aobut doing your banking with an online bank, I really like HSBC Direct Online Banking. And, with these HSBC CD rates, this might be a perfect time to check them out.
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