Good post but I don't think that it's a great offer.

Annual inflation is usually between 1% to 2%. For the next couple years, it will probably be even higher. With 0.93%, you are actually losing money.

If you plan on using this as your main savings account, and invest your money somewhere else, you are much better off somewhere else.

If you want to open a savings account solely to dump money in there and leave it, you should spend it on mutuals, stocks, even just inflation protected bonds.