06-16-2006, 03:55 PM
I also have ING and HSBC online savings accounts. I don't really use the ING anymore, mostly the HSBC. I use my HSBC checking and online savings for all my business transactions. My other personal accounts are with Citibank and they just finally started doing the online savings thing last month. Their rate is 4.75%. Here's the info: https://web.da-us.citibank.com/cgi-bin/c...l.do?M_M=S&BS_Id=eSavings.
I funded my ING last year with the Citibank account. Since Citi started this online savings program, I don't really have to do that and it will help to consolidate it all. Before signing up though, I have to figure out if Citibank will let you open multiple lines/accounts like ING does. These function as line items in a way. I currently have: House Fund; Taxes; General Savings; and E-fund in my ING account.
And yes, HSBC's site is extremely slow. FYI: HSBC is owned by the Chinese government if that concerns you at all. It used to be Hong Kong's bank, which is why it has all those British connections. When Hong Kong was returned to China, the bank went with it. Any time I deposit a check in that account it takes forever to go through. That's the Chinese govt. trying really hard to squeeze out the interest on it. Think about several American billion dollars earning interest for the Chinese government. It's their way of earning back how much Wal-Mart has cost their economy.
I funded my ING last year with the Citibank account. Since Citi started this online savings program, I don't really have to do that and it will help to consolidate it all. Before signing up though, I have to figure out if Citibank will let you open multiple lines/accounts like ING does. These function as line items in a way. I currently have: House Fund; Taxes; General Savings; and E-fund in my ING account.
And yes, HSBC's site is extremely slow. FYI: HSBC is owned by the Chinese government if that concerns you at all. It used to be Hong Kong's bank, which is why it has all those British connections. When Hong Kong was returned to China, the bank went with it. Any time I deposit a check in that account it takes forever to go through. That's the Chinese govt. trying really hard to squeeze out the interest on it. Think about several American billion dollars earning interest for the Chinese government. It's their way of earning back how much Wal-Mart has cost their economy.