HSBC savings/current account

Rich_T_2

Hi all,

Im with HSBC and use them as a current account, does anyone have any experience of there savers account? The account where you have access to your money whenever was the one I had in mind...

Thanks

digitalhen

experience how so? obviously it's better (although only slightly) than the current account, and with instant transfers it is better for your money to be there.

Rich_T_2

digitalhen wrote:

experience how so? obviously it's better (although only slightly) than the current account, and with instant transfers it is better for your money to be there.

I mean, i would appreciate any views/opinions if you are with them. how do they compare with other accounts of the same kind.....

Thanks

grumbler

Rich_T wrote:

how do they compare with other accounts of the same kind.....

4.75% is very good for the moment. And they have one of the best regular saving accounts with 8%.

Rich_T_2

does intrest get paid monthly like with cahoot? Do you know how much I would need to put into the regular savings account monthly?

A&L have an incredible high I.R > but i think all accounts are to over 21's right?

Rich

grumbler

Rich_T wrote:

does intrest get paid monthly like with cahoot?

http://www.hsbc.co.uk/1/2/personal/savings-investments/savings/online-saver : Interest rate of 4.65% gross, 4.75% AER variable paid monthly

Do you know how much I would need to put into the regular savings account monthly?

http://www.hsbc.co.uk/1/2/personal/savings-investments/savings/regular-saver : Save from £25 to £250 each month by standing order from your HSBC Bank current account.

A&L have an incredible high I.R > but i think all accounts are to over 21's right?

http://www.alliance-leicester.co.uk/savings/index.asp?page=online-saver : Applicants age requirements: 18 or over

_Andy_

Regular savers interest gets paid after the end of a year. If you make a withdrawal prior to that then it reverts to a flexisaver account (i.e. less interest(