The downward trend begins folks.
“We are writing to let you know HSBC Direct has adjusted your Online Savings Account interest rate to 4.50% APY*.
This rate remains among America’s highest, at 10× the national savings average**—so you can continue to maximize your savings growth with HSBC Direct, recognized as the “Best Online Savings Account” by Kiplinger’s Personal Finance.”
My $1.05 at HSBC will now be earning 4.5% instead of the 5.05% it use to earn… bummer.
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