Posts Tagged ‘banks’

HSBC drops interest rates to 4.25%

Monday, December 24th, 2007

So HSBC has dropped its interest rate for their internet savings from 4.5% to 4.25%.

The time has come to switch banks again. I’ve already been looking coz 4.5% is low but 4.25% will push me to action.

So far, the contenders are….

1) E-trade - 5.05%

2) Countrywide - 5.30%

Yes, Countrywide has the higher interest rate but I’m not sure how their online technology is… Easy online access and good website functionality are all very important points to me.

So, I’m leaning towards E-trade….