Review Of HSBC Direct High Yield Online Savings Account Bank

By MoneyBlueBook

When it comes to choosing the best high yield savings account, many of us look for different things - placing greater weight on certain bank features than others. For myself, when I'm deciding which bank presents the top savings opportunity for my money, I tend to go with the bigger financial institutions - banks that have been around the block a few times and have proven themselves capable of surviving, even thriving during the worst economies. Perhaps one of the oldest, largest, and most established financial institutions in the market today, and one that has indeed joined the "too big to fail" community of super giants, is British banking conglomerate - HSBC Bank. Founded during the mid 1800's by the British and based in Hong Kong and Shanghai during the early years, the HongKong and Shanghai Banking Corporation grew out of a pressing banking need to facilitate the rapidly growing trade between China and Europe. After the handover of Hong Kong to China, the British banking giant moved its corporate headquarters back to England, and shortened its name to HSBC Bank. To this very day, HSBC continues to maintain a significant presence in East Asia where it had its roots, but has significantly expanded the reach of its multi-national operations, making its banking presence felt in other parts of the world, including Europe and the Americas.

Bigger Is Better - In Terms Of Reputation, Full Service Features, and ATM Branch Convenience

Currently, HSBC is one of the largest banks in the world, if not

By MoneyBlueBook

Updated Analysis Of FNBO Direct's High Interest Savings Account Offers

I don't know about you, but I've found that it's not always easy choosing the perfect online bank to manage one's high yield savings account or high interest money market deposits. Even when presented with a list of the best online banks, it can be rather confusing trying to distinguish them apart to come up with a top tier choice. After all, many of these online banks have been competing with each other for some time now and have restructured their business and banking practices to offer nearly identical services such as free checking, free online bill pay, free ATM reimbursement, and even free and unlimited external ACH account setups.

While certainly a very important consideration, selecting the best savings account based on who offers the highest annual percentage yield (APY) or interest rate alone may not be the most financially informed way to go. Sometimes it may be a good idea for ordinary consumers such as you and I to take some pointers from reputable and established financial writers who make a professional living from offering their expert opinions through financial product reviews. With this in mind, many of the top financial magazines and news websites such as CNN Money Magazine, Forbes, Smart Money, and Kiplinger's Personal Finance, maintain lists of the top high yield savings accounts where all of the best bank offers are ranked according to evaluated criteria. One of the online banks that has garnered much positive recognition of late

By MoneyBlueBook

Goodbye 2008 and Good Riddance - Hello Year 2009!

Happy New Year everyone! As much as I'd like to be forward looking, sometimes it's hard not to recap the past. I think 2008 will go down as one of the worst years in American history in terms of the economy and national morale. Since the start of last year, there has been this gloomy gray cloud of recession worries and depression fears that has persistently lingered over the heads of all Americans. Despite our attempts to shake its clutches by turning our attentions to more exciting events such as the media circus and hype surrounding the historic presidential election of���� Barack Obama, the first African American to be voted into the White House, it appears the ominous clouds will follow us into 2009 and beyond for the foreseeable future.

Who To Blame and Where To Go From Here

Those who want to take the easy way out by blaming the credit crisis and current economic woes on the Bush administration, or on the Democratic Congress, or even on the ongoing wars in Iraq and Afghanistan - have their sights on the wrong culprits. The primary blame should be placed on ourselves - the credit and home hungry American consumer who pushed housing prices to astronomical and unsustainable levels. Weaned on easy credit and driven to consume to great excess over the last few years, our abandonment of the age-old practice of saving and living within our means put us on the road to financial disaster that finally