Thread: Best rates of U.S. checking accounts - Do I miss any?
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Old 03-20-2006, 08:52 AM
JPWRana JPWRana is offline
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Default Re: Best rates of U.S. hecking accounts - Do I miss any?
Quote:
Originally Posted by markber
HSBC has a free checking account. However, HSBC does not consider many "customer-initiated" transactions (e.g. ACH transfers) as "customer-initiated" transactions and, as a result, its free checking accounts get often converted into a fee based checking account after 2 or 3 months of absence of "customer-initiated" transactions.

what does ACH mean? and ACH transfer? So bottom line is the HSBC free checking account any good? Or what does this mean to an average joe shmoe like me?
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