Is HSBC's Certificate of Deposit CD Offering Worth Considering? Details, Rates, and Application Proc

HSBC offers a range of Certificate of Deposit (CD) options with competitive rates for its existing HSBC Premier1 customers. To apply, you must be at least 18 years old, possess a Social Security Number, and have a current U.S. residential address along with a one-year residential address history. These CD accounts can only be opened online and come with various benefits and considerations.

The bank provides three term lengths for its online CD accounts: 6 months with a 4.25% APY, 12 months with a 4.85% APY, and 24 months with a 3.75% APY. Benefits include fixed daily interest rates, easy online management, and secure online banking with $0 Liability Online Guarantee3. HSBC's CD rates are subject to change, and early withdrawal penalties apply, varying based on the term length.

While HSBC CDs lack minimum deposit requirements, existing Premier customers can choose from multiple options after their CD matures. These options include automatic renewal, renewal into a different CD term, adding money and renewing, or transferring the balance to another HSBC account during the grace period. HSBC CDs are FDIC-insured, ensuring your deposits are secure.

HSBC's CD offering could be ideal for those seeking fixed interest rates, easy online account management, and a secure banking experience. However, it's important to consider the penalties for early withdrawal and the limited transaction hours for CD accounts. For those looking to grow their savings with guaranteed returns, HSBC's CDs are a viable option, especially if you're already an HSBC Premier customer. However, if you are looking for higher rates on savings, please email ben@benjaminzmiller.com for more information.

If you would like to learn more about investing for passive income, just contact me at www.benjaminzmiller.com search linkedin.com or meetup.com for “Benjamin Z Miller”. If you learned something from this video, maybe share it with your friends. You might be able to help them also. I hope that helps and good luck with your investing!

CONTACT INFO:
deals@benjaminzmiller.com (deals here, please)
ben@benjaminzmiller.com (general questions / contact)
www.benjaminzmiller.com (website)

ADDRESS:
The Benjamin Z. Miller Organization
1321 Upland Drive #8316 , Houston Tx 77043.
United States

SOCIAL MEDIA:
https://www.linkedin.com/in/benmillersells/
https://www.instagram.com/benjaminzmiller/
www.twitter.com/BenjaminZMiller
https://www.tiktok.com/@benjaminzmiller

BENJAMIN Z MILLER’S OTHER GROUPS & MEETINGS (You are Invited)

(Multifamily Sunday Meeting at 1PM Pacific Time)
https://www.linkedin.com/events/multifamilyinvestorgroupmeeting7038561468681728000/

(Investor Networking Group - Sunday at 6:30PM London Time - General Meeting)
https://www.meetup.com/benjamin-z-millers-investor-networking-group/

(Ukraine Networking Group)
https://www.meetup.com/kiev-social-for-international-expatriates-and-ukrainians/

(Rebuild Ukraine - Reconstruction Bonds Thursday at 6:30PM UK London Time)
https://www.linkedin.com/events/thursday-6-30pmuk-earningpassiv7018193682331754496/

(Cork Ireland Real Estate Investing - Thursday at 5PM Irish)
https://www.linkedin.com/events/secureyourretirement-passiverea7047600048674643968/comments/

(US Mortgage Investing - Thursday at 1PM UK time)
https://www.linkedin.com/events/1pmuktime-passiveincomeforukinv7018178368969846786/

(Feedban News Reader - Thursday at 4PM UK time)
https://www.linkedin.com/events/discoverfeedban-scutting-edgene7047964255236628480/

#benjaminzmiller #passiveincome #mezzaninelending #mezzanine #buildpassiveincome
#passiveincomeproperties #passiveincomestrategies #gilts #bonds #financialfreedom #passiveincomemindset #residualincome #passiveincomelifestyle #mezzaninelending #mezzanine