Online Certificate Of Deposit Amount - Free Download
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ONLINE CERTIFICATE OF DEPOSIT
The following information was correct as of 08/05/2016
Have questions or need current rate information
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rtant that you understand exactly how your Online Certicate of Deposit account works. We’ve created this summary to explain
the fees and some key terms of your account.
Online Certicate of Deposit accounts are available to all consumers, subject to $1,000 minimum deposit requirement.
TERM AND RATE
(For more details, see
Term Minimum Balance To Open
Account and Obtain APY*
Interest Rate* Annual Percentage
6 Months $1,000 .
9 Months $1,000 .01% .01%
12 Months $1,000 .
18 Months $1,000 .05% .05%
24 Months $1,000
30 Months $1,000 .10% .10%
36 Months $1,000 .10% .10%
48 Months $1,000 .15% .15%
There is a maximum deposit of $300,000 when funding the account with an electronic transfer from another nancial institution, and a $2,000,000
maximum deposit when funding the account by check. Customers with an existing HSBC checking or savings account may fund the Online CD
account electronically from their HSBC account with a maximum deposit of $2,000,000. There is a maximum of $300,000 when making an additional
deposit/withdrawal during the grace period with an electronic transfer from/to another nancial institution.
The total amount you can have on deposit in any Online CD is $2,000,000, excluding interest. The Bank reserves the right, with notice, to transfer to
any other HSBC deposit product you have, all or part of the amount of any transaction, excluding interest that causes your Online CD to exceed the
above balance of $2,000,000. The Bank in its sole discretion also reserves the right to return such amount to you in an ofcial bank check.
CDs are opened online on Business days only. If the application process is nalized on a Saturday, Sunday or Bank Holiday or on a Business Day at
a time when the processing of your deposit can not be completed that same day, your account will be opened on the following Business Day
. If this
occurs, your account will receive the then interest rate and APY in effect on the day it is opened.
* The interest rates and Annual Percentage Yields (APYs) above may change at any time in the Bank’s discretion without prior notice, before any
CD is opened. The interest rate and APY is xed once your account is opened. CDs cannot be opened before the application process is nalized and
ONLINE CERTIFICATE OF DEPOSIT ACCOUNTS REQUIRE USE OF E-STATEMENTS AND PERSONAL INTERNET BANKING.
Deposit products are offered in the U.S. b y HSBC Bank USA, N.A.
TERMS & CHARGES DISCLOSURE
Applicable to accounts opened online only.