Comments on: HSBC Direct Has a New Website http://www.consumerismcommentary.com/hsbc-direct-has-a-new-website/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Fri, 25 May 2012 02:48:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tom http://www.consumerismcommentary.com/hsbc-direct-has-a-new-website/comment-page-1/#comment-111597 Tom Wed, 06 Jun 2007 22:53:48 +0000 http://www.consumerismcommentary.com/2007/01/16/hsbc-direct-has-a-new-website/#comment-111597 I'm not talking for HSBC but the tax rate are different for everyone and for different states. Therefore it is not possible for them to calculate the return after tax. What I'm more concern about HSBC is their interest rate is no longer competitive. -FBNO give 6% https://www.fnbodirect.com/01d/html/en/ -Countrywide give 5.4% https://bank.countrywide.com/landing/sl2.aspx?src=CFCTL001D003&tier=50000&time=19 Most major banks give about 5.05% (Wamu, Citi, etc.) - There is no incentive for me to park my money with HSBC, while I can earn higher return else where. I’m not talking for HSBC but the tax rate are different for everyone and for different states. Therefore it is not possible for them to calculate the return after tax.

What I’m more concern about HSBC is their interest rate is no longer competitive.
-FBNO give 6%
https://www.fnbodirect.com/01d/html/en/
-Countrywide give 5.4%
https://bank.countrywide.com/landing/sl2.aspx?src=CFCTL001D003&tier=50000&time=19

Most major banks give about 5.05% (Wamu, Citi, etc.) – There is no incentive for me to park my money with HSBC, while I can earn higher return else where.

]]> By: brett http://www.consumerismcommentary.com/hsbc-direct-has-a-new-website/comment-page-1/#comment-79051 brett Wed, 17 Jan 2007 16:18:19 +0000 http://www.consumerismcommentary.com/2007/01/16/hsbc-direct-has-a-new-website/#comment-79051 So if I sign up for HSBC do I get to enter their savings calculator's fantasy world where there are no taxes on interest? I find it disturbing that they don't even mention that their numbers are all wrong because they are ignoring tax. So if I sign up for HSBC do I get to enter their savings calculator’s fantasy world where there are no taxes on interest? I find it disturbing that they don’t even mention that their numbers are all wrong because they are ignoring tax.

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