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HSBC raises rate on savings account from 1% to 5%

Summary by Ground News
HSBC UK will increase the rate on its Regular Saver account from 1% to 5% from December 1. The rise will apply automatically to existing accounts. The bank is also increasing rates on other savings accounts. Several savings and current account providers have tweaked rates and improved their perks.

3 Articles

Daily ExpressDaily Express
Lean Right

HSBC to increase interest rate on savings account to 5%

HSBC has announced another interest rate increase on one of its savings account products.

·United Kingdom
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Wales OnlineWales Online
Lean Left

Interest rate on HSBC savings account to jump from 1% to 5%

A big boost for savers

·Wales, United Kingdom
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Irish IndependentIrish Independent
Lean Right

HSBC raises rate on savings account from 1% to 5%

Savers will see the rate on a fixed-rate account jump from 1% to 5% from December, HSBC UK has announced.

·Ireland
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Bias Distribution

  • 67% of the sources lean Right
67% Right

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Irish Independent broke the news in Ireland on Monday, November 28, 2022.
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