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Current CD rates and terms at HSBC Bank. You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.   Bottom line: It never hurts to ask the teller if better rates are available when you do your homework! 
        
==> " Online CD Rates at HSBC Bank  " as of 7/1/09 <==

Term APY
3 Months ** 0.25%
4 Months ** 0.25%
6 Months ** 1.25%
7 Months ** 1.25%
8 Months ** 1.25%
9 Months ** 1.35%
11 Months ** 1.35%
1 Year plus 1 day ** 2.00%
13 Months ** 2.00%
15 Month ** 2.00%
2 Years ** 1.60%

==> " Branch or telephone CD Rates at HSBC Bank  " as of 7/1/09 <==
TERM
APY
3 to 6 Months less 1 day ** 0.25%
4 Months ** 0.25%
6 to 9 Months less 1 day ** 0.45%
7 Months ** 0.45%
8 Months ** 0.45%
9 to 12 Months exactly 1 year ** 0.50%
11 Months ** 0.50%
1 Year plus 1 day ** 0.55%
13 Months ** 0.55%
15 Month ** 0.55%
2-4 years less 1 day ** 0.75%
4-10 years less 1 day ** 1.01%
Right Choice ** 0.35%



HSBC Contact Information
HSBC Customer Service
1.800.975.HSBC
(1.800.975.4722)
TTY/TTD: 1.800.898.5999
HSBC Mortgage Corporation
1.800.62.APPLY
(1.800.622.7759)
General Contact Us by Mail
HSBC Bank USA, N.A.
P.O. Box 2013
Buffalo, NY 14240

Rates and terms may change so read the fine print and make sure you get FDIC insurance!!!!

These balance requirements and APYs will apply only to accounts opened through an HSBC branch or over the telephone.

* The APY associated with these products is subject to change after account opening. Fees may reduce earnings on the account. These balance requirements and APYs will apply only to accounts opened through this Internet site.

** The APYs are for Certificates of Deposit of less than $100,000. A penalty may be imposed for early withdrawal. These balance requirements and APYs will apply only to accounts opened through this Internet site.





Definition:  A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

Definition:  A Liquid Certificate of Deposit gives you a CD rate that is usually better than most checking accounts while allowing more fluid access to your money.  That is you can take money out of the CD before it matures.  They usually pay higher rates than the offering bank's money market account but not the top rates of CDs held to the full term.  They are sort of "half and half" and thus offer rates that are inbetween the two.

Rates and terms may change at any time.  Contact the  bank for their current rates.



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