Archive for June 2nd, 2008

HSBC’s new 3.5% savings rate

HSBC Direct, the online-only division of mega-bank HSBC, this morning raised its savings rate to 3.5 percent. While that doesn’t sound like a high rate, it beats most others available now.

I think it’s a good idea to have your emergency fund of three to six months of expenses stashed in an account like this. They’re […]