Available in sterling, account will offer 6% gross PA after 12 months
HSBC Bank International has launched an online-only account that pays 6% gross per annum after 12 months. The e-Saver Account is available until 31 March, in sterling only. Customers can choose to save a fixed amount per month with the minimum being £1,000 and the maximum being £2,500. However, for the 6% gross interest rate to apply, no withdrawals are permitted during the 12-month period. If a customer fails to make one of the regular monthly deposits during that term, the interest rate will be reduced to 2% gross per annum for the remainder of the period. Mark Trasler, head of e-Ba...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
