The Sun's Financial Diary

On May 31, 2007, HSBC Direct, which offers the popular Online Savings Account with 5.05% APY, will unveil its latest product aimed to compete in the interest-bearing check account market. The HSBC Direct Online Payment Account is essentially a checking account that pays a moderate interest rate. According to the email I received yesterday, the [...]

looks good. When I logged into my Bank of America account last week, I noticed that they have a new interface for online banking. The redesigned tool includes several improvements that aim to make account activities easier to manage. Among the changes made: Easily find and sort transactions using type and status icons Personalize your [...]

Got this in the email today that ING will offer 1% cash backs for using their debit card in the next two months: Starting June 1, 2007 to July 31, 2007, when you open Electric Orange and use your MasterCard Debit Card to make signature-based purchases, you’ll get 1% Cash Back, up to $250 per [...]

Citibank just launched a new product, Citi Ultimate Money Account, that pays 5.00% APY when you use their free online bill-pay service. However, monthly maintenance charge will apply if you don’t have an EZ Checking account. According to Citi website, To apply for an Ultimate Money Account, you must have or open an EZ Checking [...]

FNBO Direct is the online division of First National Bank of Omaha. The bank currently offers 1.25% APY for its online savings account with no minimum and no monthly fee. With five online bank accounts (not including the Bank of America checking account) already, am I supposed to simplify our finance instead of making it [...]

Henry at Binary Dollar is hosting this week’s Money Question and what is being asked is What Do You Look For In An Online Bank Account? As I have revealed in my previous post, I have a total of five online bank accounts: ING Direct, Virtual Bank, Emigrant Direct, HSBC, and IGoBanking. Except ING Direct, [...]

HSBC is currently running a promotion for its Premium Money Market Account. If you open a new HSBC Premium Money Market Plus Savings Account with an initial deposit of $3,000 from till May 31, 2007, you can get a $50 bonus. Features of the money market account: No monthly maintenance fee No minimum balance Tiered [...]

Again, I got this email from Citi this morning. At first, I thought it was an offer similar to the one I got before for their e-Savings account, but with a lowered rate. Then I realized this actually is different, not just the name. The main difference between the Ultimate Savings account and the existing [...]