HSBC launches 5.15% savings bond
Tuesday, 09 Jan 2007 10:06
HSBC has re-released its 12-month, high interest savings bond.
The new product will offer of 5.15 per cent gross/AER interest, but is only available online to HSBC current account or savings account customers.
Key features of HSBC’s high-interest deposit bond:
5.15 per cent gross AER fixed for 12 months
a minimum deposit of just £2,000 and a maximum balance of £49,999;
a choice of monthly or annual interest, and;
a straight-forward online application process.
early withdrawals not possible, early closure incurs £100.
Additionally, for every product sold during its annual sale, HSBC will contribute £2 to a fund that will be distributed among its charity partners.