I am currently in the process of opening up a new online savings account with HSBC. In the rates disclosure section, I noticed that it says, for online savings amounts greater than $1.00, the current APR is 4.70% and APY is 4.80%.
This doesn't seem to be advertised anywhere - could anyone confirm or refute this APY? The account opening page still has the giant piggy graphic with the prominent 4.25% APY displayed.
Here's the link:
http://www.banking.us.hsbc.com/HICSe...language=en-us