facebookHi! I am thinking of putting $20k into tbills (hoping for 4% for 6mths), but saw the HSBC EGA bank account promo. Read the t&c and got abit confused. Anyone has recommendation which is better? - Seedly

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Anonymous

15 Mar 2023

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Hi! I am thinking of putting $20k into tbills (hoping for 4% for 6mths), but saw the HSBC EGA bank account promo. Read the t&c and got abit confused. Anyone has recommendation which is better?

For hsbc i think i can top up $6-10k every month for next few months.

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anyone know how long does it take for me to get the hsbc account number after i apply online? Thanks!

Discussion (1)

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T bill is safer. HSBC EGA rate higher but you will have to understand TnC and know how to do.

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I applied online on 1st Feb, got account number immediately, but there is minor hiccups on the way, so went to their branch. All in all early March all is ok.

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Just a reminder if you have HSBC credit card before, better for you to go branch to set up.

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Just FYI

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HSBC has 2 promos.

1) EGA for 4.55% / 4.70% depends you are personal or premier compared to reference month

2) Everyday+ 1% on the previous month

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For example, mine is Feb-May cycle, reference month will be Jan, so as long as you sms, you will earn 4.55% / 4.70% for the 4 month compared to reference month

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For the 1%, 1st and 3rd month, for my case, Feb and Apr I will need to do 2K in and 5 x FAST out to fulfil. (I'm on personal)

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For more can check out the HSBC webiste :)

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