I'm so happy today. My HSBC online saving account has got a interest rate increase. Original the interest rate was 5.7%. They have increase it to 5.9%. How cool it that!!. I live in Australia and last month the reserve bank had increase the interest rate. They have increase it by 0.25%. This is very bad news for people on a mortgage or some type of loan. But good news for bank savers as some banks increase interest rates on saving accounts. So anyone living in Australia that looking for a saving account I recommend you get a HSBC online saving account. Probably other countries have similar type of account. I have to 2 bank account with HSBC. One account is used for my daily spending. This account give my 4.75% interest. This account let you access your money through ATM, EFTPOS. They allow you to make unlimited withdrawels at HSBC atm's or 5 free withdrawel at othe banks atm's. Also you can withdraw money when using EFTPOS. I normally check my balance through interent banking. It is completely free. I don't pay any fees. My other account is mainly used to save. They now give me 5.9% interest. This is amazing!!. Anyway, anyone saving money at bank account should used an internet bank account. Depending on the bank these account offer you a high interest rate and have no fees.