Showing posts with label Savings Account. Show all posts
Showing posts with label Savings Account. Show all posts

Wednesday, January 23, 2008

Why Must Google Screw with Me?

With the federal funds rate being slashed to 3.5%, I've been worried about the interest rate of my HSBC Online Savings dropping significantly. I know that I have zero control over the APY but every penny I earn counts. The blog world has been mumbling all day about ING's rate drop (now 3.65% APY), so I prepared myself for the worse.

A quick google of the phrase: "hbsc savings rate" returned a wonderful headline claiming HSBC had raised their rates. This made absolutely no sense but I was still overcome by exhilaration. Then the article finally loaded....

A few hours have passed and I have yet to recover from the soul crushing. Thanks Google!



Note: HSBC still shows a 4.25% APY.