Anyone using HSBC bank? ( 4.50% APY )
 

4.50% APY looks pretty good

http://www.us.hsbc.com/1/2/3/personal

NO, BUT DONT TRUST THEM!
they will fuck you in the ass, and tie up your money for months.

wtf? How they gonna tie my money up??

I am using IngDirect.com and getting 4.15% so far.

I've used HSBC for various things over 6 years, and they were always great to me.

Its pretty easy. they put a hold on your funds while they conduct a fraud investigation.

Happend to a friend. they held more than 20k for 7 months, and then found out it was the wrong account. They did not even bother to let him know that they were holding them, and then when they released them, they did not bother to tell him.

http://www.emigrantdirect.com

a much better choice.

wtf :helpme :helpme

Never had any problems with HSBC, my bank manager is cool and can get hold of him anytime.

Very happy with them and their service.

I've had nothing but good experiances with them, Sad they went down to 4.50 they were at 4.80 til the end of last month.

I am looking for a good offshore bank, who knows about one that accepts comissions from webmasters and don't ask you lots of question on each wire?

4.5% is still pretty shitty, when you calculate in inflation, you get only 1.5% or so over inflation, hardly worth it... if you are going to save you might as well invest in something that makes 10%+ per year, like stocks for example....

your reasoning is flawed.

But see this is 1.5% with keeping the principle.

With stocks you have no gurantee and may lose your initial investment.

What's flawed about it? option 1, you basically keep what you already have (1.5% gain is really too small to notice) option 2, with some risk you intend to make some gains...

I have an account with them, but I've only had it for a short while. Thus far, I am pleased.

What's better, ING or HSBC???

I thought about HSBC but I don't like the potential of a large amount of money being held for "fraud" and having it turn out to be the wrong account like someone stated above.

Go with ING rants

I'm interested too - am considering HSBC for their Euro Dollar accounts (in Canada). They seem to be one of the few banks with outlets in Canada which can accept Euro Dollar wires (without any fake fixup pretend conversions - eg -> Euro -> USD/CAD -> Euro).

Some billing processers overseas can send Euros (converted from other currencies) at better rates than first converting to US.

As most Canadians know, a US money wire is routed through Bank of America first (and they take their slice), then, in some cases (pretend US accounts) converted to Canadian dollars (taking a slice) and the converted to US dollars (taking a slice) - not to mention when you try removing the funds.

Is anyone in Canada using HSBC for Euro Dollar accounts?

i use ing direct, and i love them

I get 4.5 with Virtualbank, no complaints

i was considering on using them too...they got nice interst rates and lots of privileges

I think ING is up to 4.35%. Never had a problem with them. I am thinking of trying out Emigrant Direct though. I never like having too much money in one bank.

HSBC is up to 5.05%. Emigrant Direct is going to 5.15% as of 7/28. ING has been falling way behind the game lately. I have very little left in there any more.

hsbc are too big to fuck anybody up 0.02

Been with HSBC for years and they're great. No problems whatsoever!