Financial Services > Investments > Investments News

Banking organisation announces two new savings offerings
Wed, 31 Jan 2007
Banking institution HSBC has announced the launch of two new banking products that may appeal to people looking to start saving money in the new year.

Available from February 5th 2007, banking customers who hold a premium Bank Account Plus, Premier or Passport account can choose to invest in a regular saver account that offers ten per cent interest.

Moreover, the banking organisation has also revealed that people who set up a Bank Account Plus account at their local branch will receive six per cent interest on credit balances up to £2,500 for the first year.

Mike Oliver, head of current accounts at the savings account provider, explained that the offers may help people manage their finances while boosting their savings .

"HSBC's new regular saver and six per cent offer on Bank Account Plus provide the perfect place to manage one's finances, with customers earning two of the highest rates of interest on the market," he said.

A regular savings account involves the customer putting in a pre-agreed amount of money for a set number of months, typically to take advantage of preferential savings rates .

add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

Investments Newsletter

Monthly investments news, top tips & more.

Transferring a pension

Investment Advice

Get free investments advice from authorised investments experts.

Investments Advice