HSBC Direct Savings Account: Earn 2.30% APY + Extra
Expired
$125 SD Bonus
Member FDIC
+254Deal Score
390,546 Views
Update: Last chance to signup for this offer (ends today 7/22/19)
HSBC, our partner, has the following offer for the HSBC Direct Savings account.
HSBC Direct Savings
Earn 2.30% APY on all balance tiers
Get More from Your Tax Return
No monthly maintenance fee
Minimum balance to earn APY is $1
Member FDIC
Additional Slickdeals Bonus
Slickdeals is offering an additional $125 when you are approved for the HSBC Direct Savings account after applying through the Apply Now button, or clicking on any link in this thread.
Note: the $125 bonus will be sent to your PayPal account within 60 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 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 $125 bonus.
Step 3: Do not close the HSBC application window prior to finishing your application. Closing the window may make you ineligible for the $125 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 $125 bonus via PayPal within 60 days after submitting this form.
The $125 bonus offer is provided solely by Slickdeals and is unrelated to any benefits or offers provide by HSBC. HSBC is not responsible for the $125 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 [email protected]
To make sure we can process your offer please ensure the following:
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Still haven't gotten the $150 Slickdeals rebate from the AMEX card deal from a month back...
Vanguard money market is about 2.49% or so currently. Places like Cit bank is around 2.45%. Other places have 2.3-2.4%ish accounts. Purepoint has a no-penalty CD at 2.6%
But with 20K to play with, you may be better off doing the bank bonus game -- Discover/Capital One/HSBC checking/Citi and so on.
I checked our system and your approval is showing up on 3/8. You should receive payment by early next week.
Sign up for a Slickdeals account to remove this ad.
So if I understand this right, it's 2.25% on any amount of money deposited to this savings account from an account that isn't an HSBC account? Is there any requirement to use a debit visa card a certain amount of times?
So if I understand this right, it's 2.25% on any amount of money deposited to this savings account from an account that isn't an HSBC account? Is there any requirement to use a debit visa card a certain amount of times?
In order to apply online, you will need:
You must be 18 years of age and have a Social Security Number
Current U.S. residential address and a U.S. residential address for the past three years
Valid U.S. ID (driver's license, non-driver identification card, learner permit), passport or Permanent Residential Card/Green Card
Account information for funding your new account
The Annual Percentage Yields (APYs) and balances for an HSBC Direct Savings account which are accurate as of 4/4/2019 are: 2.25% APY on balances of less than $15,000, 2.25% APY $15,000 or more but less than $50,000, 2.25% APY $50,000 or more but less than $100,000 and 2.25% APY $100,000 or more. APYs are variable and subject to change after opening. Charges and fees may reduce earnings. Account is not available to business customers.
What does "Get More from Your Tax Return" mean? Sounds like marketing stuff and not an additional bonus if you direct deposit your tax return to this account, right?
Not a bad deal. Only other account with a bonus for signing up is the $200 Discover Savings but that's at 2.1% (and I already have it).
From their chat rep: "Please note that you will be charged $25.00 if you are closing account within 6months of account opening date."
What I find interesting about this offer is that SD will not send the customer a 1099-INT. If the bank offered the bonus directly, they'd issue a 1099 and there would be taxes owed. Something worth considering.
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But with 20K to play with, you may be better off doing the bank bonus game -- Discover/Capital One/HSBC checking/Citi and so on.
Sign up for a Slickdeals account to remove this ad.
You must be 18 years of age and have a Social Security Number
Current U.S. residential address and a U.S. residential address for the past three years
Valid U.S. ID (driver's license, non-driver identification card, learner permit), passport or Permanent Residential Card/Green Card
Account information for funding your new account
The Annual Percentage Yields (APYs) and balances for an HSBC Direct Savings account which are accurate as of 4/4/2019 are: 2.25% APY on balances of less than $15,000, 2.25% APY $15,000 or more but less than $50,000, 2.25% APY $50,000 or more but less than $100,000 and 2.25% APY $100,000 or more. APYs are variable and subject to change after opening. Charges and fees may reduce earnings. Account is not available to business customers.
Sign up for a Slickdeals account to remove this ad.
Not a bad deal. Only other account with a bonus for signing up is the $200 Discover Savings but that's at 2.1% (and I already have it).
From their chat rep: "Please note that you will be charged $25.00 if you are closing account within 6months of account opening date."