HSBC Direct is breaking new ground with their online savings account. They report a 5.05% APY with no monthly fees! I was a bit skeptical at first so I gave them a call and verified their claims before opening my account.
I have been using my HSBC online savings account for about a week now and I must say that, not only am I pleased with it, but it has been a lot of fun. I can transfer funds between my HSBC account and my primary banking account, schedule reoccuring transactions, track my savings, and do much more with no monthly fees to worry about.

What I Like:
� Earning 5.05% versus 0.5% with my Read more »