HSBC Direct Extends 3.5% Rate Offer and More ING Direct Referrals Available

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Last updated on July 25, 2019 Comments: 3

I received an email to inform me that HSBC Direct has extended its “promotional” interest rate on the online savings account of 3.5% APY to September 15, increasing this promotion by one month.

I’m not sure what the difference is between a “promotional” rate and any other rate; as always, interest rates on savings account are subject to change at any time. Perhaps HSBC Direct has simply planned when it will lower its rates while other banks generally keep that information private until the change occurs.

3.5% is the best rate you can get right now for internet-based savings accounts backed by major financial institutions. This rate would put HSBC Direct at the top of the list, but I’m keeping them listed with their last known non-promotional rate.

HSBC Direct does not offer a referral program, however. When you open an account at ING Direct, you can earn a $25 bonus immediately (accessible after 30 days) simply using a referral link generously offered by Consumerism Commentary readers (and one-time visitors). Keep in mind you need to open the account with an intial deposit of at least $250, and keep your money there for a month.

I’ve updated the list of referral links to include some new ones as each link can only be used once.

Article comments

Tom says:

Hello out there, I’m just putting some feelers out there to see if there’s anyone interested in making a pretty substantial amount of cash in a short amount of time. Only thing this requires is that you have an active bank account or credit card . No cash is required up front to start this Which means your account can be on a zero balance and that’s completely fine. Text +1(314) 856 1730, lets talk about the next deal

Luke Landes says:

Marshall: The waiting list is still long at the moment, but I’ll let readers know once the list is open again.

Anonymous says:

Hi Flexo,

I have some ING direct savings account links and you can use them to give to other people.