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HSBC saving rates down 0.5%

http://www.hsbc.co.uk/1/2/interest-rates/savings-investments;jsessionid=00002FlwmSD6e83S81dbHadTJhD:12ntf1ldo

Looks like they're confident that customers are too scared at the moment to move their money elsewhere......

Comments

  • dougz_2
    dougz_2 Posts: 523 Forumite
    Part of the Furniture Combo Breaker
    I think their 1yr fixed is actually down 0.75%

    And taking a whole 0.5% off the already poor Flexible Saver really kills it off.
  • alared
    alared Posts: 4,029 Forumite
    This is about the only bank in the UK that doesn`t need government help and is well financed.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    alared wrote: »
    This is about the only bank in the UK that doesn`t need government help and is well financed.
    And didn't cut their mortgage rate since last week, either, I understand
    .....under construction.... COVID is a [discontinued] scam
  • I'm very upset about the e-ISA rate. Down to 5.75% :( I really enjoyed that 6.25% while it lasted.
    Target Cash Net Worth: £25K by January 2012
    Progress
    May-08
    19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
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