February 20th, 2008
Updated 9/24/09. HSBC has dropped their highest savings rates again. The current savings rate is 1.35% APY. The account needs to be set-up on-line. Keep in mind that your actual earnings will depend on how long you leave the funds in the account.
They are quite a large bank with over $169 Billion in assets. In the US, they have multiple FDIC#s, but it appears the savings accounts are issued under FDIC# 57890.
-- By +Chris Duncan