For those using/thinking of using ING Direct...
Jan 15, 2006 | 10:01 am
#46
Join Date: Jan 2005
Location: Texas
Programs: American Airlines
Posts: 171
Be sure to read the fine print about all of the requirements and charges.
Originally Posted by yukon28209
The main difference is that ING now requires a $250 deposit by the new customer, in order to receive the $25. (Only the referrals created before mid-October were grandfathered in with the "no minimum deposit.")
Still, that's a 10% return rate just for opening an account.
I have referrals and you can still find them on the web as well.
The nice bit about being with ING is that you can create laddering accounts very simply. Let's say you opened one account with $250 and then got the $25 bonus. You could then open 5 additional accounts with no minimum, and start saving a different amount in each of them, even if you only want to start with $1 or $2. One could be for Christmas, the other could be for car repairs or a vacation fund, you get the picture. The no minimum CDs are great too.
It also makes it very easy to start a small savings account for a child. I believe you can even send an opening bonus or gift (it wouldn't apply to the $250/$25 bonus deal, but it might encourage a younger person to start saving money).
Still, that's a 10% return rate just for opening an account.
I have referrals and you can still find them on the web as well.
The nice bit about being with ING is that you can create laddering accounts very simply. Let's say you opened one account with $250 and then got the $25 bonus. You could then open 5 additional accounts with no minimum, and start saving a different amount in each of them, even if you only want to start with $1 or $2. One could be for Christmas, the other could be for car repairs or a vacation fund, you get the picture. The no minimum CDs are great too.
It also makes it very easy to start a small savings account for a child. I believe you can even send an opening bonus or gift (it wouldn't apply to the $250/$25 bonus deal, but it might encourage a younger person to start saving money).
Jan 30, 2006 | 11:17 pm
#49
Join Date: Aug 2001
Location: Reno, Nevada
Posts: 7,368
HSBC Direct reportedly has a $25 signup bonus going, using the promo code "25pig":
www.hsbcdirect.com/start
The code expires 2/28, from what I've read.
Mike
www.hsbcdirect.com/start
The code expires 2/28, from what I've read.
Mike
Last edited by nako; Jan 30, 2006 at 11:28 pm
Jan 31, 2006 | 6:17 am
#50
Suspended
Join Date: May 2005
Programs: Count Your Blessings
Posts: 1,548
Originally Posted by nako
HSBC Direct reportedly has a $25 signup bonus going, using the promo code "25pig":
www.hsbcdirect.com/start
The code expires 2/28, from what I've read.
Mike
www.hsbcdirect.com/start
The code expires 2/28, from what I've read.
Mike
Outsourced, happens to be to India.
'Nuff said.
Jan 31, 2006 | 9:40 am
#52
Join Date: Aug 2001
Location: Reno, Nevada
Posts: 7,368
Originally Posted by mikeef
I may give this a shot. Nako, if you have a referral link or get a bonus, feel free to PM me.
Mike
Jan 31, 2006 | 2:44 pm
#53
Original Member
Join Date: May 1998
Posts: 2,513
Originally Posted by nako
HSBC Direct reportedly has a $25 signup bonus going, using the promo code "25pig":
www.hsbcdirect.com/start
So far as I can tell, HSBC is not FDIC insured.
The code expires 2/28, from what I've read.
Mike
www.hsbcdirect.com/start
So far as I can tell, HSBC is not FDIC insured.
The code expires 2/28, from what I've read.
Mike
Jan 31, 2006 | 3:02 pm
#54
Join Date: Aug 2001
Location: Reno, Nevada
Posts: 7,368
Originally Posted by pgary
So far as I can tell, HSBC is not FDIC insured.
(And as a side point, HSBC is one of the largest banking companies in the world, though their presence in the US has been somewhat limited until recently.)
Mike
Last edited by nako; Jan 31, 2006 at 3:07 pm
Mar 12, 2006 | 9:14 pm
#55
Join Date: Oct 2004
Location: Ridgecrest, CA
Posts: 157
Originally Posted by ukguy78
FYI: ING just raised the rate on new deposits to 4.75% until 4/15/06.
Mar 13, 2006 | 12:43 am
#56
Join Date: May 2004
Location: Home
Programs: AA, Delta, UA & thanks to FTers for my PC Gold!
Posts: 7,674
Originally Posted by MacKenzieIII
Just remember it is only 4.75 on new deposits, sure wish they made it 4.75 for everything that would make them conpetitive again.
Apr 30, 2006 | 10:05 am
#57
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Join Date: Dec 2005
Location: HY
Programs: AA-EXP (3.3MM), AAirpass, SQ-PPS Solitaire, DL-PM (.777MM), SPG-Plat, HH-D
Posts: 2,307
Originally Posted by nako
(And as a side point, HSBC is one of the largest banking companies in the world, though their presence in the US has been somewhat limited until recently.)
Mike
Mike
Apr 30, 2006 | 1:54 pm
#58
Used to be Premier Monkey
Join Date: Dec 2003
Location: Edwards, CO & Palm Desert, CA
Programs: UA 1K; AA EXP; WOH Globalist; Bonvoy Gold; IHG PLT; HHonors Gold
Posts: 477
Just noticed that ING's rate just went up to 4.15% and HSBC's is at 4.50%. I've also noticed that the Amex High-Yield Savings Account rate usually matches ING, so let's see if that goes up soon.
May 1, 2006 | 7:34 am
#59
Join Date: Nov 2004
Location: Twin Cities
Programs: NW, UA
Posts: 918
I signed up and and the $25 bonus posted right away.. being able to link more than one (up to three) checking is very nice, too. So far so good, for me. Let me know if anyone would like a referral for bonus. 
May 1, 2006 | 2:29 pm
#60
Join Date: Feb 2001
Location: Washington DC USA
Posts: 2,571
Originally Posted by psyflyer
might be the 3rd biggest bank in the world but hsbc direct is not affiliated in anyway with hsbc holdings in case of default. Beware not to go over FDIC limits as regardless of affiliation they fund the banks separately