Photo credit: HSBC.com.sg
I am not shy to admit that I have several savings accounts which I move my funds around to maximise the interest rates. To me, I relish the opportunity to optimise my emergency cash. To the ignorant outsider such as my wife, the sloshing of funds resembles a mini money-laundering operation. By the way, this statement is meant to be a joke. A merit of my optimisation strategy is that it has enabled me to take advantage of promotions fairly quickly. One such recent promotion that caught my attention (and dollars) was by HSBC for its Everyday Global Account (‘EGA’). This is my review of HSBC EGA’s promotion that allows account holders to earn up to 5.45% interest rate.
WHAT IS HSBC EVERYDAY GLOBAL ACCOUNT (EGA)
The HSBC Everyday Global Account (‘EGA’) is a multi-currency savings account that supports up to 10 different currencies. Multi-currency savings account is great as it allows the account holder to transfer funds...