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HSBC Direct Savings Account: Earn

2.05% APY
Member FDIC
+71 Deal Score
299,226 Views
HSBC, our partner, has the following offer for the HSBC Direct Savings account. Thanks munzdeals92

HSBC Direct Savings
  • Earn 2.05% APY on all balance tiers
  • No monthly maintenance fee
  • Minimum balance to earn APY is $1
  • Member FDIC
Additional Slickdeals Bonus:

Slickdeals is offering an additional $100 rebate via PayPal when you are approved for the HSBC Direct Savings account after applying through the green Apply Now link.

Note: the $100 bonus will be sent to your PayPal account within 30 business days after you are approved and submit this form. You must submit this form within 4 weeks of being approved.

To qualify for the additional bonus, please follow these steps:
  • Step 1: Make sure you are logged into Slickdeals when you click the the green Apply Now button above. If you are in Classic view, click either of the links at the top of the thread. If you do not have a Slickdeals account, please sign up before applying for this account. You can do this here.
  • Step 2: One you're logged in to your Slickdeals account, click the green Apply Now button, or the links at the top of the post, and apply for the HSBC Direct Savings account. You must apply through the provided link on this page in order to receive the $100 bonus.
  • Step 3: Do not close the HSBC application window prior to finishing your application. Closing the window may make you ineligible for the $100 bonus.
  • Step 4: If you are approved for the HSBC Direct Savings account, please submit this form with your Slickdeals username and your PayPal email address. You should expect to receive your $100 bonus via PayPal within 30 business days after submitting this form.
The $100 bonus offer is provided solely by Slickdeals and is unrelated to any benefits or offers provide by HSBC. HSBC is not responsible for the $100 bonus.

Slickdeals is pleased to make this offer available to you. Please follow the instructions carefully to help avoid any processing issues.

For questions related to this bonus offer, please email additionalbonus@slickdeals.net

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Original Post

Written by
Edited September 18, 2018 at 10:37 AM by
HSBC, our partner, has the following offer for the HSBC Direct Savings account.

HSBC Direct Savings
  • Earn 2.01% APY on all balance tiers
  • No monthly maintenance fee
  • Minimum balance to earn APY is $1
  • Member FDIC
Additional Slickdeals Bonus

Slickdeals is offering an additional $100 when you are approved for the HSBC Direct Savings account after applying through the green Apply Now link (above).

Note: the $100 bonus will be sent to your PayPal account within 30 business days after you are approved and submit this form [formstack.com]. You must submit this form within 4 weeks of being approved.

To qualify for the additional bonus, please follow these steps:
  • Step 1: Make sure you are logged into Slickdeals when you click the the green Apply Now button above. If you are in Classic view, click either of the links at the top of the thread. If you do not have a Slickdeals account, please sign up before applying for this card. You can do this here.
  • Step 2: One you're logged into your Slickdeals account, click the the green Apply Now button, or the links at the top of the post, and apply for the HSBC Direct Savings account. You must apply through the link on this page in order to receive the $100 bonus.
  • Step 3: Do not close the HSBC application window prior to finishing your application. Closing the window may make you ineligible for the $100 bonus.
  • Step 4: If you are approved for the HSBC Direct Savings account, please submit this form with your Slickdeals username and your PayPal email address. You should expect to receive your $100 bonus via PayPal within 30 business days after submitting this form [formstack.com].
The $100 bonus offer is provided solely by Slickdeals and is unrelated to any benefits or offers provide by HSBC. HSBC is not responsible for the $100 bonus.

Slickdeals is pleased to make this offer available to you. Please follow the instructions carefully to help avoid any processing issues.

For questions related to this bonus offer, please email additionalbonus@slickdeals.net
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Created 09-14-2018 at 04:09 PM by munzdeals92
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2.05% APY
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

803 Comments

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This comment has been rated as unhelpful by Slickdeals users
Joined Feb 2007
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#16
Quote from thugrilla
:
Pretty sad that SD is partnering with a bank such as HSBC

HSBC, Europe's biggest bank, paid a $1.9 billion fine in 2012 to avoid prosecution for allowing at least $881 million in proceeds from the sale of illegal drugs. In addition to facilitating money laundering by drug cartels, evidence was found of HSBC moving money for Saudi banks tied to terrorist groups. Even though federal investigators found evidence "that senior bank officials were complicit in the illegal activity," no HSBC executives faced charges for their actions. The Wall Street Journal revealed in 2016 that U.S. Justice Department officials, led by President Obama's former Attorney General Eric Holder, overruled their prosecutors' recommendation to pursue criminal charges against HSBC in 2012.

This may not matter for many @ SD, but if you're interested, Netflix's documentary "Dirty Money" Season 1 Episode 4 is an eye opener, with the following synopsis: A trail of suspicious transactions led to startling revelations about banking giant HSBC and its ties to Mexico's deadliest drug cartels

$100 and 2% may be a deal for some, but it's only prudent to know the history of an institution your dealing with
What else is new. This bank was started for Britain to sell opium to China.
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Our community has rated this post as helpful. If you agree, why not rep VoodooFX?
#17
When asked for your job, put "money laundering for mexican cartel". You'll get instant approval LMAO
Reply Helpful Comment? 38 1
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Joined Sep 2017
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#18
So even if I put a dollar in there, I would earn $100 rebate and there are no banking fees? laugh out loud
Reply Helpful Comment? 5 0
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#19
Quote from Vbooboo
:
So even if I put a dollar in there, I would earn $100 rebate and there are no banking fees? https://static.slickdealscdn.com/ima...s/emot-LOL.gif
according to the website, yes
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#20
Quote from okaythen
:
would like to know this too
Cap360
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#21
Quote from mastav
:
according to the website, yes
Interesting! Now, if it's a soft pull, then it's worth it. Hard pull - not so much.
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#22
Quote from meranamjoker
:
BTW, just an advance warning HSBC is at bottom of bottom at customer treatment.

1) They ask very intrusive questions at signup
2) They will treat your account as 'subject to IRS withholding' due to a bug in their site (check earlier thread where lot of people ended up in that situation) and withhold half of interest. It is a pain to get off that (have to plead since they would not accept that it is problem with their online form)
3) At every point when you call customer service, you will treated as if they are doing you a favor by holding your money.

Never again.
They don't care where the money comes from. Drug cartel/terrorist org. All the dirty money goes through Hong Kong Shanghai Bank of CHINA
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Joined Aug 2003
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#23
Quote from tcope
:
4) One of the biggest money laundering banks for drug cartels.

Does no one watch Netflix?
Unless you are a drug cartel member! Will launder your money no questions! 10/10
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#24
OMG, I had the worst experience EVER with this bank. I was on the phone for an hour with a CS rep. I specifically told him over a dozen times that I needed to speak to his supervisor regarding his actions. He refused, he refused to identify himself, and not only that he was taunting me - like a credit card scam caller. At the same time I got on a chat with a supervisor and the supervisor told me what to say to him to get him to id himself, and he refused, and then I had to call HSBC management directly to complain. I wasted 2.5 hours total. They said there was nothing they could do. They have no control over the people working there, I suspect this one particular person is using the job to phish for customers information. He had a personality exactly like the people who call random numbers trying to scam people saying they are with their credit card company or the IRS.

BEWARE HSBC!
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#25
If you ever need to increase your blood pressure for any reason, just call HSBC cust service. High BP guaranteed.
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#26
Quote from Sudhakar2k
:
There are other options out there.

Citizen's Access (part of Citizen's Bank) has an online account for 2.0%, minimum $5,000 balance. (https://www.citizensaccess.com/home.html)

CBIC has an online account for 2.1% (https://us.cibc.com/en/personal/s...vings.html)
Quote from tcope
:
4) One of the biggest money laundering banks for drug cartels.

Does no one watch Netflix?
Already had an HSBC account back in the late 2000s and these criminals will never get my business again. Laundered nearly $1 billion for drug cartels and terrorists. Aside from Netflix, this was big news when the story broke back in 2012. Haven't heard of CBIC, but Citizens is a decent, mid-size bank up here in the Northeast. Been meaning to setup one of the 2% savings accounts with them for the past month. With so many high interest savings accounts available at mid-size or community banks and credit unions, there's absolutely zero reason to trust your money with corporate scum at massive ("too big to fail") banks like HSBC.
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Last edited by Rabble_Rabble_Rabble September 15, 2018 at 10:22 AM.
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#27
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#28
Has monthly requirements for reaching that rate.
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#29
Quote from Rabble_Rabble_Rabble
:
Has monthly requirements for reaching that rate.
yeah but the requirements are pretty easy
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#30
Quote from Vbooboo
:
Interesting! Now, if it's a soft pull, then it's worth it. Hard pull - not so much.
Chat said they always do soft pull
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