When you open one of our Online CDs, you'll get:
* A competitive interest rate
* Guaranteed earnings with no market risk
Your money is committed to your Online CD. If you withdraw any of your principal from your Online CD, you will incur a penalty of 30 days' simple interest.
* Easy online account management
Apply online too.
When your Online CD matures, you can:
* Let your balance automatically roll over into an HSBC Direct Online CD of the same term. You'll earn the then-current interest rate and APY for the same term without having to renew.
* Add money to your maturing CD during the grace period when renewing into the same term.
* Open a new HSBC Direct Online CD with your balance.
During the grace period, you can consider what to do with your balance.
* Instantly transfer your balance to your other HSBC Direct accounts during the grace period.
And, trust that your money's being saved wisely:
* Your money's FDIC-insured to the maximum permitted by law
You should never open an online deposit account if the institution isn't insured to protect your funds. For more information about FDIC insurance, visit www.fdic.gov.
* You'll bank in a secure online environment.
Your information is password protected and encrypted with the latest security technology.
* Money Magazine named HSBC Direct “Best of Breed” in 2007.
http://www.hsbcdirec.../m...EMA0000160
