Comments on: HSBC Direct 6.0% APY Promotion Through April 30 http://www.thesunsfinancialdiary.com/personal-finance/hsbc-direct-60-apy-promotion-through-april-30/ Fri, 20 Nov 2009 19:09:54 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: FNBO Direct Account Up and Running | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing http://www.thesunsfinancialdiary.com/personal-finance/hsbc-direct-60-apy-promotion-through-april-30/comment-page-1/#comment-9313 FNBO Direct Account Up and Running | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing Mon, 14 May 2007 15:41:06 +0000 http://www.thesunsfinancialdiary.com/2007/01/27/hsbc-direct-60-apy-promotion-through-april-30/#comment-9313 [...] transfer limit. And the nearly 4-month long 6.00% APY promotion period is certainly better than what HSBC has offered early this year. To apply for an account, you will need the following [...] [...] transfer limit. And the nearly 4-month long 6.00% APY promotion period is certainly better than what HSBC has offered early this year. To apply for an account, you will need the following [...]

]]> By: $25 Bounus When Opening an E-Trade Complete Savings Account - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time http://www.thesunsfinancialdiary.com/personal-finance/hsbc-direct-60-apy-promotion-through-april-30/comment-page-1/#comment-2976 $25 Bounus When Opening an E-Trade Complete Savings Account - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time Mon, 19 Feb 2007 18:37:30 +0000 http://www.thesunsfinancialdiary.com/2007/01/27/hsbc-direct-60-apy-promotion-through-april-30/#comment-2976 [...] is paying a 5.05% APY, the same as the interests rates from EmigrantDirect and HSBC (HSBC has a promotion rate of 6.00% APY till April 30, 2007). Therefore, the deal is not very appealing, except the bonus [...] [...] is paying a 5.05% APY, the same as the interests rates from EmigrantDirect and HSBC (HSBC has a promotion rate of 6.00% APY till April 30, 2007). Therefore, the deal is not very appealing, except the bonus [...]

]]> By: The Sun http://www.thesunsfinancialdiary.com/personal-finance/hsbc-direct-60-apy-promotion-through-april-30/comment-page-1/#comment-1868 The Sun Mon, 29 Jan 2007 03:56:10 +0000 http://www.thesunsfinancialdiary.com/2007/01/27/hsbc-direct-60-apy-promotion-through-april-30/#comment-1868 Actually, I have another $20K with EmigrantDirect (5.05% APY) that I planed to move to IGoBanking, but I haven't done the transaction yet. All together, I probably can get about $50 more with HSBC's promotion than with IGoBanking. Not a big money, but as long as it doesn't cost me anything, I will take it, though a little trouble. Actually, I have another $20K with EmigrantDirect (5.05% APY) that I planed to move to IGoBanking, but I haven’t done the transaction yet. All together, I probably can get about $50 more with HSBC’s promotion than with IGoBanking. Not a big money, but as long as it doesn’t cost me anything, I will take it, though a little trouble.

]]> By: jersey jen http://www.thesunsfinancialdiary.com/personal-finance/hsbc-direct-60-apy-promotion-through-april-30/comment-page-1/#comment-1851 jersey jen Sun, 28 Jan 2007 16:48:01 +0000 http://www.thesunsfinancialdiary.com/2007/01/27/hsbc-direct-60-apy-promotion-through-april-30/#comment-1851 hm, if you keep same amount of money for a year (3 month at 6% and 9 month at 5.3%), the average rate would be 5.475% without compounding. is it worthwhile? hm, if you keep same amount of money for a year (3 month at 6% and 9 month at 5.3%), the average rate would be 5.475% without compounding. is it worthwhile?

]]> By: Mike http://www.thesunsfinancialdiary.com/personal-finance/hsbc-direct-60-apy-promotion-through-april-30/comment-page-1/#comment-1839 Mike Sun, 28 Jan 2007 05:00:46 +0000 http://www.thesunsfinancialdiary.com/2007/01/27/hsbc-direct-60-apy-promotion-through-april-30/#comment-1839 "I just moved about $10K out of HSBC last week to my newly opened IGoBanking account for their 5.30% APY. Well, looks like I have to put them back again." Are you sure it's worth it? 0.7% for 3 months on $10k is about $17. Losing interest for a week on a roundtrip transfer costs you $10. So you net $7, or $5 after tax? Time better spent on picking up a Buy.com deal? “I just moved about $10K out of HSBC last week to my newly opened IGoBanking account for their 5.30% APY. Well, looks like I have to put them back again.”

Are you sure it’s worth it? 0.7% for 3 months on $10k is about $17. Losing interest for a week on a roundtrip transfer costs you $10. So you net $7, or $5 after tax? Time better spent on picking up a Buy.com deal?

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