HSBC increases savings rates

Kazza242

HSBC are increasing their savings rates with effect from 4th June 2007.

It's popular Online Saver rate will see an increase of the full 0.25%, from 5.75% to 6.00%.

HSBC's standard Online Saver, Flexible Saver, Instant Access Saver, Cash Mini ISA, Premier Savings and children’s savings accounts will also be increased by the full 0.25%, also effective 4th June 2007.

HSBC’s fixed rate regular savings accounts paying 8% and 10% respectively, will remain unchanged.

More details here.

Froglet

Thanks Kazza.Been with HSBC(Midland) since a teenager,too many years i care to remember!! They have a branch opposite where i work,but i do all my banking online.However they are useful for withdrawing money and for any queries.Have never had any problems with them and,apart from the Isa rate,which used to be good but has been poor last few years,that is why hubby and I transferred out,I am impressed with their other rates.

Website SO easy to use.Have just opened the online saver.Took about 2 minutes!!I think not being able to withdraw money without losing interest is a very good way of saving!! makes you think twice!!