I received a promotion from HSBC as well:
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Free $25 when you go to hsbcdirect.com/start and enter promo code: start
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Fine print:
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Limit one $25 bonus per customer. hsbcdirect.com Online Savings account must remain open until bonus is credited or bonus will be forfeited. The $25 bonus will be deposited to the hsbcdirect.com Online Savings account within 45 days following account opening. Offer expires 11: 59: 59 PM ET 2/28/06, is subject to change and cannot be combined with any other promotional offers. $25 bonus is considered taxable income and will be reported on IRS Form 1099.
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