HSBC Direct CDs

HSBC Direct CDs APY

	$1,000 & Above
6 months	3.90% APY
12 months	3.70% APY
24 months	3.30% APY

Receive 3.30% APY for 24 months HSBC Direct Online CDs

Receive 3.70% APY for 12 months HSBC Direct Online CDs

Receive 3.90% APY for 6 months Online CDs

Minimum balance to open and obtain APY is US$1,000

Maximum deposit balance of US$2,000,000

CD accounts will be available for existing HSBC Premier customers and must be funded with New Money

Account can only be opened online

Depending on the term and other features of the account, interest may be credited and paid monthly, quarterly, semi-annually, annually, or if the account term is one year or less, at maturity. If periodic interest payments are available, you may choose to have the interest credited to another HSBC deposit account. Even if periodic interest payments are not available, you may withdraw any earned interest on or before the maturity date with no early withdrawal penalty

HSBC Bank will send a notice before the CD’s maturity date

A 10 calendar days (including maturity date) grace period will bev given following the maturity of an automatically renewing term account during which you may perform a one-time deposit or withdrawal of funds without being assessed an early withdrawal penalty

If any of the principal is withdrawn before the maturity date, a penalty of 30 / 90 / 180 days worth of simple interest for 12 / 24 / 36 months CDs will be imposed

Click here to go to HSBC Direct website for more details

About HSBC Direct

HSBC Direct is the online platform for HSBC Bank USA. HSBC is a United Kingdom headquartered bank and a major global financial services provider. HSBC Bank USA has physical branches in numerous states nationwide including New York, Los Angeles, Chicago, Atlanta, Houston, Seattle, Miami, San Francisco, and Washington D.C. Online banking is available via app or website for all customers.

HSBC Bank USA can be reached via website / app live chat, mail, visit to their physical branches or phone 24/7 on 800.975.4722

HSBC Bank USA is a member of FDIC which covers the deposits of a depositor to up to US$250,000