HSBC Direct Savings Account, $125 Bonus Plus 1.30% APY

The HSBC Direct Savings Account is currently offering a 1.30% APY. On top of that you can also earn a bonus of $125 when you open your account through SlickDeals.

Offer

The 1.30% APY is available on the HSBC website.

To qualify for the additional $125 bonus, please follow these steps:

• Must be logged into your Slickdeals account and click the the green Apply Now button here. You must apply through the link on this page in order to receive the $125 bonus.
• Do not close the HSBC application window prior to finishing your application. Closing the window may make you ineligible for the $125 bonus.
• If you are approved for the HSBC Direct Savings account, please submit this form with your Slickdeals username and your PayPal email address. You should expect to receive your $125 bonus via PayPal within 60 business days.

Eligibility

• The offer is available nationwide.
• You must be 18 years of age and have a Social Security Number
• Current U.S. residential address and a U.S. residential address for the past two years

Fees

HSBC Direct Savings Account has no monthly fees.

A $25 fee will be charged if the account is closed within 180 days.

Guru’s Wrap-up

A rate of 1.30% is close to the best you can get nowadays for accounts that do not have a cap or requirements. On top of that you can also earn a $125 bonus through the SlickDeals offer. There doesn’t seem to be any eligibility rules regarding this $125 bonus. I would suggest saving all emails for the account opening process, just in case you have issues with SlickDeals.

HT: DoC