HSBC Direct, one of the biggest online savings bank, has very competitive Certificate of Deposit CD rates if you’re looking to deposit into a big national bank with good rates. Notice how the HSBC 12 Month CD and 18 Month CD is higher than 24Month, 30 Month and 36 Month CD. The rate is effective as of April 2009.
HSBC 6 Month CD Rate: 1.85% APY
HSBC 9 Month CD Rate: 2.05% APY
HSBC 12 Month CD Rate: 2.30% APY
HSBC 18 Month CD Rate: 2.35% APY
HSBC 24 Month CD Rate: 2.05% APY
HSBC 30 Month CD Rate: 2.05% APY
HSBC 36 Month CD Rate: 2.05% APY
HSBC 48 Month CD Rate: 2.50% APY
And, trust that your money’s being saved wisely: