HSBC announces current account with six per cent interest

Thursday, 22 December 2011 11:58

Savers looking for the maximum interest they can get from a bank account may be heading to their nearest HSBC.

As part of the bank's annual sale, a six per cent interest rate is being offered to customers who switch to one of its current accounts for a limited time, which is a market-leading figure.

The top rate will be payable for a year on balances up to £2,500, while there will also be no interest charges on overdrafts for 12 months.

Furthermore, people who transfer to an instant access savings account will benefit from rates of two per cent for six months.

It is hoped this will compete with pervious market-leading products from Santander and help consumers at a tough time, explained spokesperson Brendan Cook.

Yesterday (December 21st 2011), HSBC also announced special deals for business and credit card customers in the sale, which runs until January 31st 2012.

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