HSBC Named Best Savings Account for Young Adults by Money Under 30
09 February 2019 - 1:00AM
Business Wire
Inaugural Awards Recognize Top Financial
Products
Money Under 30, a leading online site providing free personal
finance assistance to young adults, named HSBC the Best Savings
Account in its inaugural ranking of financial products. The Awards
provide readers with the best cross-industry suggestions for young
adults looking to commit to better financial practices in 2019.
“We’re honored to be recognized in this category and excited
that our direct savings proposition is so attractive,” said Pablo
Sanchez, Head of Retail Banking and Wealth Management, HSBC Bank
USA, N.A. “It’s important to start saving early. We’re proud to
offer a product that allows our younger customers to feel confident
that their money is in a good place.”
This year’s awards considered the top financial products on the
market that fit the unique needs of young adults. Specifically,
they focused on products with lower fees and/or balance
requirements that might be prohibitive for someone on a budget or
with limited assets. Each product was tested, reviewed and/or
scored on Money Under 30's site.
"MoneyUnder30.com has become a go-to site for young adults
across the country to get trusted advice for their financial
lives," said Yoni Dayan, Chief Editor of Money Under 30. "There are
many great savings products on the market but ultimately HSBC's
offering stood out to us because of their consistently high rates.
We hope that our list, which includes HSBC, empowers young adults
to make informed, healthy financial decisions as we move further
into 2019 and beyond."
To view the full list of winners, visit the 2019 Awards for
the Best Financial Products on the Market.
HSBC Bank USA, National Association (HSBC Bank USA, N.A.)
serves customers through retail banking and wealth management,
commercial banking, private banking, and global banking and markets
segments. It operates bank branches in: California; Connecticut;
Delaware; Washington, D.C.; Florida; Maryland; New Jersey; New
York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A.
is the principal subsidiary of HSBC USA Inc., a wholly-owned
subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A.
is a Member of FDIC. Investment and brokerage services are provided
through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and
insurance products are provided through HSBC Insurance Agency (USA)
Inc.
HSBC Holdings plc, the parent company of the HSBC Group,
is headquartered in London. The Group serves customers worldwide
from around 3,800 offices in 66 countries and territories in
Europe, Asia, North and Latin America, and the Middle East and
North Africa. With assets of US$2,603bn at 30 September 2018, HSBC
is one of the world’s largest banking and financial services
organisations.
Money Under 30 is an independent personal finance site
providing free advice for young adults wanting to make informed
decisions about where their money goes. Money Under 30 has
everything you need to know about money, written by real people
who've been there. This site was founded in 2006 by David Weliver
who dug himself out of more than $80,000 in debt in just three
years.
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version on businesswire.com: https://www.businesswire.com/news/home/20190208005038/en/
HSBC Media:Matt Klein+1 212 525
4644matt.klein@us.hsbc.com
Carolyn Hamm+1 212 525-0720carolyn.hamm@us.hsbc.com
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