I’m a 20 year old student but have a well paid internship-type job for the next 6 months. I want to save as much money as possible and am looking into an online saving account. I have visited hsbcdirect.com and ingdirect.com and compared their APY but is there anything else I should look for in a company? Something perhaps I would miss due to inexperience and nieveity? Any suggestions on companies would be much appreciated, thanks!
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It depends on what you are looking for. If you simply what a savings account, then ING direct is not a bad place…they offer 3% interest on savings accounts…which is about what you can get anywherer else. If you are looking to build an investment portfolio, which is a great idea, sharebuilder, fidelity, or charles schwab are other great choices. Personally, I use ING direct for my savings, IRA, and sharebuilder for my investing. Just to less complicate things. But, again…if it’s just a simple savings account you are looking for…go with the one that will offer something around 3-3.5% interest, since that is as high is it’s going to be. Good luck!
HSBC. I love how secure they are and their rates are great! Easy to transact too.
etrade securites account. they are awesome and accepted alot of places . they will also send you a free debit card and checks!!!!!!!! cant go wrong with them
Ing Direct is a great bank. It’s totally free and even an pretty good interest rate on their checking account.http://www.jr-quality.com/ING-Direct/dir…