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The HSBC Serious Saver can help you get serious about saving

Wednesday November 26, 2008

If you need help saving money, the HSBC Serious Saver savings account has a great motivator that can help you out - if you make a withdrawal, you won't get any interest.

Saving money can be hard. Gen Y is known for spending plenty of money, but not necessarily saving money. Having a savings nest can be useful in case of hard times or if you want to try staying out of debt. Many experts recommend having three months worth of wages in a separate savings account to use if needed.

Temptation to dip into your savings can be strong. This is where the HSBC Serious Saver savings account can help. If you don't make any withdrawals, your HSBC Serious Saver bank account earns 5.75%p.a interest on your savings.

The HSBC Serious Saver savings account features:

  • 5.75%p.a interest for every month that no withdrawals are made.
  • No bank account fees.
  • No minimum opening amount.
  • No ongoing balance.
  • Can be linked to an HSBC online savings account or another nominated account.

Thanks to this method of earning interest, the HSBC Serious Saver savings account gives you:

  • Incentive to keep money in your bank account.
  • Encourages you to put more money into your bank account.

Apply online for the HSBC Serious Saver savings account and start saving today.

Compare savings accounts today.


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