HSBC Online Savings Account review explained by professional online banking experts, All you need to know about HSBC Bank Online Savings Accounts. For more information about HSBC Bank you can also visit HSBC reviews by ForexSQ.com online banking experts, The TopForexBrokers.com Internet banking professionals, or Fxstay.com banking investing company and get all information you need to know about the HSBC Business Banking.
HSBC Online Savings Account Review
The HSBC Online Savings Account offers 1.30% APY, which is one of the highest rates in the market.
There’s no minimum deposit required to start an account. But, the minimum balance required to keep your account open is $1. If you have less than $1 in savings for up to 180 days, HSBC reserves the right to cancel your account.
You may feel nervous about putting savings somewhere other than a local bank branch with live tellers. Rest assured, this account is FDIC insured which means your funds are covered up to $250,000 if HSBC folds just like any other brick-and-mortar bank. Plus, HSBC has customer service available by phone 7 days a week.