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 .
