HSBC Online Bonus Saver

HumberFlyer

PeterGr said:

HumberFlyer said:

Mine matures in one months time.... I can see the last 3 months on phone, but if I log on via computer I see the full statement and monthly interest added. All strange amounts but I'm sure it all adds up at the end of term.

This account doesn't mature.  It pays a bonus rate of interest each month where there are no withdrawls.  It just pays the standard rate in any month where a withdrawl is made, or the account is closed.  There is a £50000 ceiling above which a lower rate is paid.  All these rates are variable, and have changed in June and August.

The online account shows interest payments for the last 3 months, but the date range can be extended.  Each month shows a amount described as Gross Interest which is the amount using the Standard rate.  A second amount described as Added Gross Int is the additional amount if bonus rate is paid in that month.

Ah ok.....For some reason I thought it was a 12 month term. So I suppose I could draw it out now seeing as there are better rates out there