Quote Originally Posted by imbosile
Okay great thanks, I'm leaning towards the ING Direct account. Seems to get great reviews from other websites as well.

HSBC is the other one I am considering. Rate is still 3.55%.

http://www.hsbcdirect.com/1/2/1/
Yes, HSBC has always had a better rate but I believe they do not have the whole refer a friend bonus thing. I made $45 in 2007 from bonuses with ING (and all of them were referral for IA members lol); that $45 alone more than made up the difference in interest rates between HSBC and ING and when I add that to my interest earned for 2007 it averages out to like 7% interest rate earned for last year. The more money you have the more the interest rate is going to matter, so if you are depositing ~$20k+ I would go with HSBC; if its not that much money I would go with ING because of the bonuses. Remember its pretty easy to just switch companies later.

If anybody else wants a ING referral pm me!