HSBC 6 Month CD Rate

Competition is heating up with the major bank’s CD rates. HSBC Bank is now offering one of the highest CD rates, a 6 month CD that has a 4.00% APY. The CD rate is only available online. The minimum deposit is $1,000. Citibank’s minimum deposit for a 6 month CD is only $500.

To qualify for the 4.00% APY you must deposit “new money”, meaning money not already deposited with HSBC Bank. After you complete the application online ( takes 10 to 15 minutes ) you will receive an application status via email. Your opening deposit can be made by transferring funds from any HSBC or other financial institution checking account or savings account. You can also mail a check made payable to HSBC Bank USA, National Association.

You will need the following information to open an account.

You must be at least 18 years of age and have a U.S. address to apply for a deposit account online. If you do not have a U.S. address, please call 1-800-975-HSBC (1-800-975-4722) Option 2.

The deposit application requires the following information:

• Social Security Number or Tax Identification Number
• If you are a non-US Citizen - Your Country of Citizenship, visa expiration date (if applicable), and Resident Alien Card Number (Green Card) or Passport Number, Country of Issuance, and expiration date
• Current driver’s license is required to open your account online
• Date of birth
• Mother’s maiden name
• Current address
• E-mail address
• Employment information
• Primary bank name, address and account number

HSBC 4.00% 6 month CD Rate Application