This has been, by far, the best savings account that my family has ever had! You just can't beat the 3.00% APY, no minimum balances and ease of use. Not to mention the fact that, so far, we have had no fees! Beautiful! This is a fantastic account for families, especially those like ours that tend to have a tough time keeping our savings IN savings. The online-only account keeps us on track because a) we're not looking at our account balances everytime that we log on to our checking account, and b) the online-only feature allows you to really think about getting and using the cash. But you do get an ATM card and the fees are refunded when you use it at a non-HSBC bank, so it's easy to withdraw money if and when you need it. Perfect for us!