HSBC Direct has just increased the APY on its savings account to 3.5%.  This makes HSBC Direct on of the best high interest savings accounts online.  The HSBC Direct savings account is one of the best savings accounts and you need to read this review.

HSBC Direct has always had a high interest rate savings account.  But, now that they have increased the APY to 3.5%, you have to consider them to be one of the best savings accounts online.

In addition to great interest rates, HSBC does not charge you any monthly fees.  This is a must have feature if you are thinking about openign a savings account.  The 3.5% interest will not do you any good if you turn around and pay it right back to the bank in the form of monthly fees and charges.

The HSBC Direct savings account only requires one dollar to open an account.  You need to consider using HSBC if you are in need of a high interest savings account.