† HSBC Direct deposit accounts are offered by HSBC Bank USA, N.A. Member FDIC. Deposits are insured to the maximum permitted by law.

* Annual Percentage Yield (APY) is accurate as of 11/22/2008. APY is variable and subject to change. Minimum deposit to open is $1.00.
No regular monthly or transaction fees. Other account-related charges may apply (e.g., NSF, stop payment order, and returned item fees).

** Annual Percentage Yield (APY) for the Online Payment Account is accurate as of 11/22/2008. APY is variable and subject to change. Minimum Deposit to open and obtain interest is $1.00.

*** Annual Percentage Yield (APY) is accurate as of 11/22/2008. A penalty may be imposed for early withdrawal. Minimum balance to open and obtain APY is $10. APY subject to change without notice prior to account opening and funding and applies only to accounts opened through hsbcdirect.com.

± National Statement Savings Average located at http://bankrate.com/brm/publ/passbk.asp?caret=2 in the Passbook/Statement Savings survey results as of 10/15/08 courtesy of Bankrate.com. HSBC Direct Online Savings Account APY is currently 7 times the national statement savings average APY.

¥ If a third party charges you to use their ATM in the U.S., HSBC will rebate up to three of these fees based on transaction date order during the calendar month. The rebate will be credited to your account on the first business day of the following calendar month.

§§ No regular monthly or transaction fees. Other account-related charges may apply (e.g. NSF, stop payment order, and return item fees).

Issued by HSBC Bank USA, N.A. ©2008 HSBC Bank USA, N.A. All Rights Reserved.