/biz/ - Business & Finance

HSBC:
Rate this bank from 0 to 10

>If you actually bank with them:
Rate it's international fees (forex and ATM withdrawls)
Rate how happy you are with interest, credit and savings accounts

My experience:
Most flexible savings account is 0.05% interest (horrible) - up to 3-4.5% interest on very restrictibe accounts (okay to good).
Credit interest and overdrafts/loans are O.K... (18-21% AER variable), penalties are daft.

International banking:
2.75 Forex charge, 2% ATM fee (on their own ATMs) = 4.75% to take your cash out abroad
(+ whatever fee if you use another bank ATM)
This is for Basic/Normal checking accounts.

Advance accounts:
2.75% Forex only and no fees on their ATMs

Premier:
0% on everything.

Summary:
Good bank if you have money, or if you don't fuck around with credit or loans.
Bad bank otherwise and take advantage of the lower classes if you take credit or loans.

Experiences?