HSBC CD Rates
HSBC CD Rates are particularly attractive right now. HSBC Online Banking is currently running two of the best CD rates on its 9 month CD and 12 month CD.
For those of you not familiar wit HSBC online banking, HSBC is one of the largest worldwide banks. HSBC is very popular in Europe and is becoming larger in America too. The HSBC online banking website makes banking with them very easy and convenient and a great place to buy certificates of deposits.
HSBC 12 Month CD
HSBC is running a special CD promotion on its 12 month certificate of deposit. The HSBC CD rates on the 12 month CD are 2.00% APY. This is a very good CD rate.
HSBC 9 Month CD
The HSBC 9 Month CD has an interest rate of 1.35% APY. I am not sure why you would buy this 9 month CD instead of the 2% 12 month HSBC CD. For an extra three months, you might as well buy the 12 month certficate of deposit.
HSBC CDs require a $1000 minimum deposit. This is a very accessible minimum deposit requirement. I think that most people who are interested in buying CDs can afford a $1000 minimum deposit. However, I wish that more banks would reduce their minimum deposit requirements to at least $500.
So, if you are thinking about investing in CDs, you should check out the HSBC CD rates. Check out the official HSBC site for the most up to date CD rates.
Related posts:
- Current HSBC CD Rates
- HSBC Advance CD Rates
- Best One Year CD Rates
- Comerica CD Rates
- Best CD Rates in New Mexico
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