HSBC boosts fixed rate savings accounts - Savings - News - Moneyfacts


HSBC boosts fixed rate savings accounts

HSBC boosts fixed rate savings accounts

Category: Savings

Updated: 27/08/2010
First Published: 27/08/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

HSBC has tweaked its fixed rate bond range to give savers an extra boost.

Rates have been increased significantly making the all options available far more competitive.

It means the one year and 18 month options, paying up to 3.00% and 3.30% respectively, are now both amongst the market leaders in their fields.

Earlier access to the money is permitted for the loss of 90 days' interest, if less than £50K is invested.

Savers must have or open a HSBC savings account to take advantage of the deal, but this seems unlikely to put most people off.

Sure to appeal to those happier saving with a well known high street name, these savings deals earn four out of five Moneyfacts stars.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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