Hey, one more good things about HSBC I think you can withdraw money using their ATM card at a Wells Fargo ATM machine free of charge, isn't that great?
i've had an account at emigrantdirect for over a year now.... love it. started at 4.25 (i think) and made it all the way to 5.15 about 3 or 4 months ago. currently at 5.05. no fees, no minimum balance, unlimited transfers.... pretty good gig.
I have an ING account and the rate has never gone down, it only goes up. You also should get $25 once you put open an account and deposit money into it. YOu also get money for referring others to it ($10 for each person).