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Frontpage SLICKDEALS BONUS Advertiser Disclosure

HSBC Direct Savings Account: Earn 2.30% APY + Extra Expired

$125 SD Bonus
Member FDIC
+254 Deal Score
396,709 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:
  • Make sure you are logged into Slickdeals.
  • Whitelist Slickdeals in AdBlock.
  • Make sure cookies are enabled in your browser.
  • Complete your application in one browsing session.
  • Make sure we are your last click to the advertiser.

Original Post

Written by
Edited July 22, 2019 at 10:01 AM by
HSBC, our partner, has the following offer for the HSBC Direct Savings account.

HSBC Direct Savings
  • Earn 2.25% 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 [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 $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 [formstack.com].
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]
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+254
396,709 Views
$125 SD Bonus
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.

1,358 Comments

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Featured Comments

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.

Joined Aug 2007
L1: Learner
> bubble2 4 Posts
10 Reputation
bestasalways
11-20-2019 at 05:48 PM.
11-20-2019 at 05:48 PM.
where is the bonus??????????
Reply
Joined Jan 2007
L10: Grand Master
> bubble2 28,287 Posts
2,718 Reputation
cgigate
11-20-2019 at 05:57 PM.
11-20-2019 at 05:57 PM.
Quote from bestasalways :
where is the bonus??????????

You are too late for the 230 days old thread
Reply
Joined Apr 2019
New User
> bubble2 1 Posts
10 Reputation
AquaName352
11-23-2019 at 11:23 AM.
11-23-2019 at 11:23 AM.
I completed this months ago and never received the $125. Anyone else?
Reply
Joined Nov 2015
L2: Beginner
> bubble2 60 Posts
10 Reputation
superillegent
12-06-2019 at 11:59 AM.
12-06-2019 at 11:59 AM.
Never got mine either. Scam?
Reply
Joined May 2004
Commie
> bubble2 14,301 Posts
2,893 Reputation
BalkiBartokomous
12-06-2019 at 06:58 PM.
12-06-2019 at 06:58 PM.
Quote from AquaName352 :
I completed this months ago and never received the $125. Anyone else?
Quote from superillegent :
Never got mine either. Scam?
Did you guys contact SD at the email listed in this thread?
Reply
Joined May 2006
L7: Teacher
> bubble2 2,542 Posts
394 Reputation
tivoboy
12-12-2019 at 06:43 AM.
12-12-2019 at 06:43 AM.
Does anyone have a link to what the requirements to keep the account open were? At this point the APY is weak compare d to others and the website and apps are really crappy.
Reply
Joined Nov 2014
New User
> bubble2 1 Posts
10 Reputation
Parth-PpnN
12-14-2019 at 10:13 PM.
12-14-2019 at 10:13 PM.
Quote from tivoboy :
Does anyone have a link to what the requirements to keep the account open were? At this point the APY is weak compare d to others and the website and apps are really crappy.
Why do you think the APY is weak? I am getting 2.05% currently which is pretty close to the max rates that I see out there (unless I am missing something!)
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Oct 2018
L1: Learner
> bubble2 23 Posts
14 Reputation
glimos
01-09-2020 at 10:34 AM.
01-09-2020 at 10:34 AM.
I've been waiting since last July and still didn't receive $125 from SD.
Reply
Last edited by glimos January 9, 2020 at 10:37 AM.
Joined Aug 2017
New User
> bubble2 2 Posts
10 Reputation
JeremyJ2052
01-14-2020 at 08:18 AM.
01-14-2020 at 08:18 AM.
Completed all requirements and never received $125 from SD.
Reply
Joined Nov 2006
L5: Journeyman
> bubble2 721 Posts
1,090 Reputation
Ronin88
01-15-2020 at 04:46 PM.
01-15-2020 at 04:46 PM.
Quote from JeremyJ2052 :
Completed all requirements and never received $125 from SD.
Strange ... I got my bonus 25 days after opening the account last June.

Did you keep screenshots of all your application pages? I always do that as a backup, for times when I don't get what they promised.
Reply
Joined Aug 2016
L9: Master
> bubble2 5,551 Posts
312 Reputation
duckeggs
02-21-2020 at 04:31 AM.
02-21-2020 at 04:31 AM.
do we need to report the $125 for taxes?
Reply
Joined May 2004
Commie
> bubble2 14,301 Posts
2,893 Reputation
BalkiBartokomous
02-21-2020 at 02:21 PM.
02-21-2020 at 02:21 PM.
Quote from duckeggs :
do we need to report the $125 for taxes?
Need to is subjective.... Need to as is it required by the IRS? Yes. Need to as will you be audited if you don't.... that is your choice to make.
Reply
Joined May 2006
L7: Teacher
> bubble2 2,542 Posts
394 Reputation
tivoboy
02-22-2020 at 10:12 AM.
02-22-2020 at 10:12 AM.
Quote from duckeggs :
do we need to report the $125 for taxes?
I do NOT think this money is taxable, and I don't think it's a subjective assessment.

this is not the 1099-INT that you should have received from HSBC on the interest you may have generated in 2019 (assuming it was over 10$ for 2019.

The $125 promotion that Slickdeals paid us/you, falls under the $600 federal limit requiring a 1099 reporting requirement and form to be submitted and therefore, I think it's not going to require to fall into a taxable income bucket.

Did anyone receive any form from slickdeals for any of this/these types of promotional payments?
Reply
Joined May 2004
Commie
> bubble2 14,301 Posts
2,893 Reputation
BalkiBartokomous
02-22-2020 at 11:25 AM.
02-22-2020 at 11:25 AM.
Quote from tivoboy :
I do NOT think this money is taxable, and I don't think it's a subjective assessment.

this is not the 1099-INT that you should have received from HSBC on the interest you may have generated in 2019 (assuming it was over 10$ for 2019.

The $125 promotion that Slickdeals paid us/you, falls under the $600 federal limit requiring a 1099 reporting requirement and form to be submitted and therefore, I think it's not going to require to fall into a taxable income bucket.

Did anyone receive any form from slickdeals for any of this/these types of promotional payments?
This absolutely IS income and IS required to be reported. Whether you get a 1099 or any other form is immaterial. Whether it is over $600 or not is immaterial. Whether the IRS will know, or you will be caught, is a different story, which is why I was making a funny about saying "need" is subjective.
Reply

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Joined May 2006
L7: Teacher
> bubble2 2,542 Posts
394 Reputation
tivoboy
02-22-2020 at 12:55 PM.
02-22-2020 at 12:55 PM.
Quote from Killerz :
This absolutely IS income and IS required to be reported. Whether you get a 1099 or any other form is immaterial. Whether it is over $600 or not is immaterial. Whether the IRS will know, or you will be caught, is a different story, which is why I was making a funny about saying "need" is subjective.

Could you point to anything in the tax code that would quantify this as anything other than a de minimus gift card?
1
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