I was faced with a tough choice for my online banking needs. I wanted a high interest rate, FDIC insured, but I also wanted easy access to my money along with an easy method for depositing my funds. HSBC offered me 4.65% APY for a savings account, while ING offered me 4.25% APY.
When doing my research on HSBC, I came to find out that depositing funds involved writing a check to HSBC, or depositing money at an HSBC ATM, wherever those are.
With ING however, once you have confirmed your external checking account, it is now linked to your ING account, thus adding or withdrawing money is easy and quick. So what I’ve decided to do is put some money in ING and test the waters a bit. If I like the services, I’ll put more money in ING and see that interest roll in…
2 Comments so far
HSBC provides you with an ATM card, plus I am getting 4.8%. I like that 4.8% 
Oh really? I didn’t know they gave you an ATM card.. 4.8 sounds real nice. I’ll have to take another look at them.
Comment by Eddie 07.01.06 @ 10:21 pmLeave a comment
