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Old 01-31-2007, 08:58 AM
Aleta Aleta is offline
$ Saving College Senior
 
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Default Re: HSBC 6.0% promotion

It's good that they are doing this because they are competing against other savings accounts and they will have to try to compete with this bank. It's still a good deal though. The rate will go back to the 5.05 after April . At that time you only have to leave $1. though. What I watch for is if the bank has dormant fees and it's a good idea to do some kind of transaction so often to keep it active.

You can't get 6% for a year CD right now.
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