Are these worth it? They do have a higher interest rate than the standard savings account I have at my bank. I have about $10,000 in my savings right now (which I use to pay tuition and rent, so it will eventually go down. Damn expenses ) so I suppose over time, it would net me a small chunk of change. Specifically, I'm looking at the HSBC one (I have a credit card with them and they've served me well, so I figure they're a good place to start). How is interest paid out on these things anyways. I know the APR is around 5%, which is somehow computed as a percent of your average daily balance, but I couldn't find anywhere on the site that says how often they pay out interest. If I don't see anything for a year, then I don't know if I'll do it. But if I get even a measly 10 bucks each month that can help pay the rent, then I'll be more inclined to sign up.