Feb 9, 2010

HSBC Direct Drops to 1.20% APY

While I was getting the feeling that market has started to do better and jobs are opening up, HSBC's Online Savings Account dropped its APY to 1.20%. While I prefer Ally these days for my savings funds but I keep a sufficient amount in HSBC for quick and flexible access which is not available with Ally. Let's hope the continued sinking stops sometime soon.

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