HSBC MySavings

General

Gross Interest Rate

2.47% - £10 - £3,000
0.25% - £3,000+

AER

2.50% - £10 - £3,000
0.25% - £3,000+

Opening

Method Of Opening Account

Branch

Minimum Age of Account Holder

7

Minimum Deposit

£10

Maximum Deposit

No maximum

Contact Details For Opening

0345 703 0304
Contact local branch
Go to HSBC Website

Ongoing

Frequency Interest Paid

Monthly

Interest Fixed Until

Variable

Details of any Bonus Rates

N/A

Minimum Ongoing Balance

£10

Compound Interest or Paid Into Separate Account

Compound

Closing/Accessing funds

Withdrawals Allowed

Yes

How Withdrawals Are Made

Internet, Telephone, Branch

Early Access Penalties

N/A

Notice/Term

None