HSBC Direct - $50 Bank Signup Bonus

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

HSBC Direct is offering a $50 bank sign up bonus to their customers for using their debit cards. Here are the details.

Bonus Conditions

• To be eligible you must have an HSBC Direct Online Savings Account as of September 8, 2009.

• To earn a bonus, you must open an Online Payment Account by September 30, 2009.
• You must make three debit card purchases with your HSBC Debit MasterCard® with PayPassTM by October 31, 2009.
• Bonus will be deposited into your Online Payment Account by December 31, 2009.
• Limit one bonus per household.

Debit Card Transactions that does not qualify for this bonus:

• ATM transactions and cash withdrawals do not qualify.
• Account adjustment transactions/returns are not considered eligible for this offer.
• Transactions from unauthorized card use or made with lost, fraudulent HSBC Debit MasterCard with PayPass cards are void.

The $50 bonus will be reported on IRS Form 1099. Here is more information on this offer.

Cash Savings Cushion: HSBC is a strong bank and their online savings account is a good product. If you don't have one, it might pay off to get one since this account comes with no monthly fees and no minimums. It takes only $1 to open this account. We have built our emergency fund with a HSBC Direct Online Savings Account.

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