Hashtag: #HSBCBank
HSBC: Shopping For The Best Personal Loan
[Advice column by HSBC Bermuda] I’m shopping around for the best personal loan. What should I consider? Your personal circumstances will largely determine what personal loan is best for you. Some things to consider are the interest rate, the down payment required and secured vs unsecured, and repayment details. Let’s look at each a little closer.... Read more of this article
HSBC: Managing Your Finances With Planning
[Advice column by HSBC Bermuda] I am 44-years-old and need advice on managing my finances. I am paying my mortgage, my child’s tuition and covering other expenses. However, in the long term, I want to buy a boat and retire early. How do I meet my current financial obligations and stay on track to meeting my long term goals? With a bit of careful planning... Read more of this article
HSBC: Details Of Paying Your Bills Electronically
[Advice column by HSBC Bermuda] I’m “old school” and always pay my bills in person. I usually take a few hours once a month to walk around town and do this. My daughter keeps saying I should pay my bills electronically through my Bank. How does this work? We understand that change can sometimes be intimidating, but your daughter is right.... Read more of this article
Charity Golf Classic Tournament Set For Oct 23
HSBC, in partnership with The Centre on Philanthropy, will be hosting its second annual Charity Golf Classic, a fundraiser in support of “strengthening the Bermuda community,” at the Port Royal Golf Course on October 23. The event wil have an 8.30am shotgun start. Twenty foursomes will be available to members of the community, with a $2,000... Read more of this article
HSBC: Tips For Saving On Your Banking Fees
[Advice column by HSBC Bermuda] How can I save on the bank fees that I pay? It really depends on what type of banking you are doing. But, typically it is cheaper to bank via Internet Banking instead of in a branch when doing specific financial transactions [such as requesting bank cheques or making money transfers]. Here are a few examples of where... Read more of this article
Watkinson Named New CEO Of HSBC Bermuda
HSBC Bermuda announces that Mark Watkinson has been appointed CEO of HSBC Bank Bermuda, subject to Immigration, regulatory and other approvals. This appointment will be effective as of 2 November 2015. He will succeed Richard Moseley, who will be completing his assignment after 6 years in Bermuda. Mr Watkinson has been with HSBC since 1986, is currently... Read more of this article
HSBC: Choosing The Best Mortgage Option
[Advice column by HSBC Bermuda] What is an interest rate? Also, what is the difference between Fixed Rate Mortgage and a Variable Rate Mortgage? Sounds like you’re exploring your options to purchase a home, Congratulations! I encourage you to book a Free Financial Planning appointment. We will help you determine which option is best suited for your... Read more of this article
HSBC Bank Receives Best Digital Bank Award
Global Finance has announced its first round winners in The 2015 World’s Best Digital Banks in North America. HSBC has been chosen as the country winner for Bermuda, joining Scotiabank and Citi, as the winners for Canada and the United States, respectively. “This industry recognised accolade is one that we are extremely proud of at HSBC, as it clearly... Read more of this article
HSBC: Choosing The Right Credit Card
[Advice column by HSBC Bermuda] I’d like to get another credit card, but there are so many different options available in Bermuda. How do I select the right card for me? This is an excellent question. Credit cards can be one of the most useful tools in your wallet. In addition to its primary purpose credit cards can provide travel insurance, rewards,... Read more of this article
HSBC: Tips For Managing An ‘Emergency Fund’
[Advice column by HSBC Bermuda] How much money should I keep in my “emergency fund”? Your emergency fund should cover all of your personal expenses for at least 6 months. This can include your: Mortgage/rent Loan payments School fees Insurance costs Utility bills Food Free Financial Planning with HSBC If your emergency fund isn’t where it should... Read more of this article
HSBC: Documents For Mortgage Application
[Advice column by HSBC Bermuda] We have finally saved enough money for a down payment and ready to purchase our first home. It is an exciting time for us so I want to prepare and make the mortgage application process as smooth as possible. What documents will I need to give the bank? Congratulations on reaching such an amazing milestone! It’s a great... Read more of this article
HSBC Bermuda Offers Free Online Seminars
HSBC Bermuda is inviting the community to RSVP for two free online seminars which they said “will be facilitated live and will provide concise, easy to understand information for anyone participating.” Purchasing A Home In 5 Steps Tuesday, 14 July 2015 | 10:00am – 10:30am What will I learn? The ins and outs of the HSBC mortgage process... Read more of this article
HSBC: Managing Your Money As A Couple
[Advice column by HSBC Bermuda] My husband suggested that we close our individual bank accounts and open one joint bank account. I’m a little hesitant to combine all of our money, but want to understand all options before I make a final decision. Can you help? Options for managing your money as a couple Many people decide to merge their money when... Read more of this article
HSBC: Considering Being A Stay-At-Home Mom
[Advice column by HSBC Bermuda] We just had our first child and I am debating if I should return to work or be a stay at home mom. How do I determine if this is financially realistic for our family? Becoming a parent is a huge financial responsibility as well as a lifestyle change. Before making a final decision calculate what your new income will be,... Read more of this article
HSBC: Easing A Wedding’s Financial Pressure
[Advice column by HSBC Bermuda] I’m getting married! I am in the process of planning our dream wedding and honeymoon but my fiancé is very cost conscious and worried that we will end up spending too much. What advice do you have for us? Congratulations! Understandably, the pressure of funding a wedding and a honeymoon can lead to stress and anxiety... Read more of this article
HSBC Bank’s ‘FreshWater Watchers’ Programme
On 22 April, Earth Day, approximately twenty HSBC staff volunteers were trained as Bermuda’s first ‘FreshWater Watchers.’ In partnership with Earthwatch, this initiative supports the Global HSBC Water Programme which engages almost 7,500 HSBC staff volunteers worldwide to help facilitate global water research. The team of HSBC ‘FreshWater Watchers’... Read more of this article
