HSBC Direct Savings is extending their 3.50% APY promotion. This offer will now run through until September 15th, 2008. HSBC Direct offers no fees, no minimums, and they’re FDIC insured, so your money is safe and covered up to $100,000.
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Here is a quick list to compare some online savings account and their APY for July 24th, 2008:
- HSBC Direct – 3.5% APY
- WaMu – 3.30% APY
- E*Trade – 3.15% APY
- GMAC Bank – 3.00% APY
- ING Direct – 3.00% APY

















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[...] to the list of online banks who have posted increases in savings account rates. Earlier this month, HSBC Direct Savings extended their 3.50% APY to September [...]