HSBC accounts incorporate rate rise by Finance News Bulletin

Published: 25/05/07

Savvy customers taking on HSBC's guaranteed capital explanation will benefit from the recent quarter point add to in the base rateTop-end rates for the HSBC account are now on offer at a kind seven per cent, with the packages available for terms of 35 or six yearsThe account is believed to be ideal for cautious investors who do not desire to jeopardise their savings pot, with the explanation set up guaranteeing that initial capital will remain secure

Requiring a smallest amount investment of £3,000, the money will be split 50/50 between two investment avenuescustomers can also choose whether to receive interest on a monthly basis or wait until the explanation reaches maturityMalcolm Prince, head of multi-tie savings at HSBC, said: "We have seen a genuine appetite this year from investors looking for products that combine income and growth with full capital defense and the guaranteed capital account suits these needs completely"We are delighted to be launching a further two issues with exactly the same terms as before, but they are only available for a incomplete period, so investors need to act fast if

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