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HSBC: Extra interest on certain savings accounts if you contact them
HSBC: Extra interest on certain savings accounts if you contact them

HSBC: Extra interest on certain savings accounts if you contact them

HSBC are offering an extra 1.25% AER bonus for 12 months for new and existing HSBC Flexible and Premier Saver customers as part of their 'Sale' - in additional to the normal interest rate rate.

They will also contribute £2 to the WWF to support the HSBC Rainforest Preservation Project for each customer who takes them up on the offer.

While the Flexible and Premier Saver accounts don't normally pay the best rates (being instant access accounts) getting an extra 1.25% on your balance is better than not getting it!

Notes:

- If you're an existing Flexible Saver or Premier Saver customer, you must contact HSBC to receive this offer on new money paid in, by calling 0800 678 1060/0800 169 5433 or visiting your local branch

- For existing customers the extra interest is actually on any *increases* in balances following the date you call them not on the entire balance - so it makes sense to transfer your balance to your current account, wait 24 hours and then call them..

3 Comments

:thumbsup:

Rang HSBC and it sounds like if you've already got the account, the money has to be transferred in from a non-HSBC account (as that's what they mean by 'new money'), so you'd probably need to transfer it out to a different bank rather than transfer to an HSBC current account.

Original Poster

Trickster;1416792

Rang HSBC and it sounds like if you've already got the account, the money … Rang HSBC and it sounds like if you've already got the account, the money has to be transferred in from a non-HSBC account (as that's what they mean by 'new money'), so you'd probably need to transfer it out to a different bank rather than transfer to an HSBC current account.



HSBC have run a similar offer at least twice in the last year - and regardless of what they say about 'new' money, it doesn't matter where the funds come from - so you can easily keep them in your main current account (even if thats not what they really want) and then transfer them to your savings account..

Of course, you could just open a second savings account instead.. !

Regards
Sunil
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