HSBC MySavings / Premier MySavings
General
Gross Interest Rate
4.89% - £10 - £3,000
1.74% - paid at £3001 on portion of balance
AER
5.00% - £10 - £3,000
1.75% - paid at £3001 on portion of balance
Opening
Method Of Opening Account
Branch
Minimum Age of Account Holder
Age 7 to 17
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