New Saving account at HSBC

[shahid09]

Hello

I am new here i want to open Saving account at HSBC . at this time they are offering 6.0% APY as a promotion before 30th April. My question is if i have 1000$ how much money i will earn each day with this APY rate.

Thanks

[sweeps]

By the time you open your account the promotional rate will be over.

[kv968]

To answer your other question, you'd earn ~$0.16 per day with a $1000.

[project15]

To answer your other question, you'd earn ~$0.16 per day with a $1000.

Doesn't really seem worth it when you look at it like that. But nevertheless, you should definitely keep money that's just sitting in a low interest checking or savings account in a high interest savings account. At least you'll keep up with inflation.