HSBC High Yield Online Savings Account

With banks toppling left and right and ING Direct reducing it's APYs on both savings and checking accounts, HSBC seems to be one of the few large banks still afloat in an ailing banking industry. HSBC Direct, their online savings account is offering a high yield APY, with no monthly fees and no minimum balance requirement. And the best thing is that we need only $1 to start the savings game. No