Comments on: HSBC Lowers Rate to 4.50 APY http://www.penny-saved.com/2007/09/27/hsbc-lowers-rate-to-450-apy/ Personal Finance and Wealth by the Penny Fri, 21 Nov 2008 16:38:21 +0000 http://wordpress.org/?v=2.6.3 By: Penny Saved http://www.penny-saved.com/2007/09/27/hsbc-lowers-rate-to-450-apy/#comment-4539 Penny Saved Wed, 03 Oct 2007 15:47:44 +0000 http://www.penny-saved.com/2007/09/27/hsbc-lowers-rate-to-450-apy/#comment-4539 I've been using an HSBC account for awhile now. I switched when they had the highest rate, and I'm too lazy to switch to anyone else. I like the HSBC account except for the fact that it takes *FOREVER* to transfer money. You request a transfer, in about 3 business days they'll deduct the funds from your account, and 3 or 4 business days later, it'll show up at it's destination. That's a PITA, and adds up to lost interest. Not sure if I"ll switch yet - like I said, I'm lazy :( ING was faster when I used it before. So was Emigrant Direct. I’ve been using an HSBC account for awhile now. I switched when they had the highest rate, and I’m too lazy to switch to anyone else.

I like the HSBC account except for the fact that it takes *FOREVER* to transfer money. You request a transfer, in about 3 business days they’ll deduct the funds from your account, and 3 or 4 business days later, it’ll show up at it’s destination. That’s a PITA, and adds up to lost interest.

Not sure if I”ll switch yet - like I said, I’m lazy :( ING was faster when I used it before. So was Emigrant Direct.

]]> By: Kathryn http://www.penny-saved.com/2007/09/27/hsbc-lowers-rate-to-450-apy/#comment-4533 Kathryn Wed, 03 Oct 2007 12:22:02 +0000 http://www.penny-saved.com/2007/09/27/hsbc-lowers-rate-to-450-apy/#comment-4533 I have both an HSBC and an ING account. The ING pays slightly lower interest, but is much easier to use. I've been recommending ING to people I know who are testing the waters of high interest on-line savings. I have both an HSBC and an ING account. The ING pays slightly lower interest, but is much easier to use. I’ve been recommending ING to people I know who are testing the waters of high interest on-line savings.

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