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 It is now over 6 months old so the content may be out of date.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.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!