HSBC Mini Cash ISA Review

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HSBC Mini Cash ISA
★★☆☆☆
1.7
38.0% of users recommend this
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edboorman's review of HSBC Mini Cash ISA

“If you have an HSBC Current account then having a Mini...”

★★★☆☆

written by edboorman on 22/06/2004

Good Points
Easy to move money in and out of ISA via other HSBC accounts.

Bad Points
Not a market leader in rates of interest.

General Comments
If you have an HSBC Current account then having a Mini Cash ISA is common sense. I use mine as a savings account. Just remember if you make a withdrawal, your allowance for that tax year decreases by that amount.



The Interest Rate is not very competitve. You only get the best rate if you have over £15,000 pounds invested in it. With the Mini Cash ISA allowance reducing next year, it could be a while before I have that much in it!



Come on HSBC, be the first high street bank with competitve rates!

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