HSBC hits new savings heights - Savings - News - Moneyfacts


HSBC hits new savings heights

HSBC hits new savings heights

Category: Savings

Updated: 01/10/2010
First Published: 01/10/2010

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 It is now over 6 months old so the content may be out of date.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 raised the roof by increasing rates on its short to medium term fixed rate savings accounts.

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

Early access to funds is permitted if less than £50K is invested while the accounts will also appeal to savers who like to entrust their money to a large high street name.

Although savers are required to open another HSBC savings account in order to access these products, four out of five Moneyfacts stars are well deserved.

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