Seems to be the best rate around from a reputable bank. Also, appears that you can link it to an ATM card which is pretty cool for an online savings account (ING and Emigrant do not offer this feature).

Related Posts
• HSBC Raises Online Savings Rates to 4.65%
• HSBC Online Savings Paying 4.8% APY
• HSBC Online Savings Now 4.25% APY
• HSBC 4.0% APY, ING Direct 3.5% APY
• New Higher APY’s!