HSBC 1 Year Fixed Rate Saver Full product details for the HSBC 1 Year Fixed Rate Saver savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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152 customers rated their HSBC savings as 3.8 out of 5 in our 2010/2011 Consumer Finance Awards.
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HSBC 1 Year Fixed Rate Saver Features & Benefits
Account Type Fixed Bond
Account Term 1 year The account term is 12 months.
Rate Type fixed The type of interest rate is fixed.
Headline Interest Rate 2.5% The headline interest rate is 2.50% AER.
Headline Interest Balance £150,000 2000
Online Access no Transactions cannot be made via the internet.
Branch Access yes Transactions can be made at a branch (closure).
Phone Access no Transactions cannot be made by phone.
Introductory Bonus 0% No introductory bonus payable.
Withdrawal Notice term Not applicable.
Minimum Initial Investment £2,000 The minimum investment required to open this account is £2000.
Closure Before Maturity yes Early closure permitted subject to 90 days loss of interest penalty if balance is below £50,000.
Permanent UK Resident yes This product is only available to individuals who are permanent UK residents.
New Money Only no Not applicable.
Minimum Age 7 years The minimum age is 7 years.
Area Restrictions none There are no area restrictions
Minimum Initial Investment £2,000 The minimum investment required to open this account is £2000.
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