'Savings fountain HSBC... nifty idea... shame about the products' blog discussion

Former_MSE_Lawrence

This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.

Read Martin's "Savings fountain HSBC... nifty idea... shame about the products" Blog.

Click reply to discuss below.

CDes

HSBC's rates may not be the best but at least you know if they go bust the !!!! really is hitting the fan.

MadMac_2

It just makes me once again think how unoriginal their marketing team are! Oh well, presuming in the current climate they (and many other companies) need more ideas for free, I wonder how many are registered users of the forums? They could be reading posts, testing the markets and learning from us all right now!

Makes me realise once again what a great value resource MSE is - even for the professionals...

:rotfl:

mopat_3

The savings fountain is basic common sense, not sure what groundbreaking new thinking you believe is incorporated within!

HSBC are, I believe, making visual representation of the advice any competent saving advisor would normally give.

ManAtHome

They've had a 'savings waterfall' for a good 20 years where you could 'sweep' surplus cash from your current account into savings every month. I cancelled mine when I started internet banking as it was so easy and quick to move money between accounts.