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Originally Posted by krayziebone33
Thanks, Sweeps. I guess it was a mistake to move some of my money from my savings gaining 5.30% to HSBC when they started the promotional 6% interest on all new money, huh?
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A .70% spread is a lot different than a .06% spread.
You can run the numbers here to find out when chasing rates is worth it or not:
The Ultimate Interest Rate Chaser Calculator