This is pretty basic as far as savings accounts go. The interest is better than most regular savings accounts, but it's not as high as it has been in the past. It's sort of a hassle to set up, and there are some pretty draconian security measures when it comes to logging in, but odds are you'll find that with any online savings accounts. I do like the idea of having a strictly online savings account, as it provides a place to keep part of my savings away from my regular accounts.