hsbc mini cash isa review

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Average Ratings
Customer Service5.2/10 Based on 9 ratings
Value for Money3/10
Reviewer Rating3.6/10
Overall Rating4.2/10 Based on 12 ratings
30% Recommended3 out of 10 Reviews

Review of HSBC Mini Cash ISA

By filo on 24th Oct 2006

filo's Ratings
Customer Service5/10
Value for money1/10
Overall value2/10
no filo's recommendation

Good Points

Easy access.

Bad Points

Poor interest rate.

General Comments

It was a good interest rate last year, but when HSBC dropped their rates, they also dropped a cover over their rate charts in their branches, so that customers would not see the drop and move their money. The rate of the HSBC Mini Cash ISA dropped by .25%, while the BOE rate went UP .25%. A loss of .5% to the investors. HSBC shares have now soared through the £10 barrier. I think we now know where HSBC loyalties are. My wife and I transferred all our tax-free savings in 2 years ago (£60k plus). Now looking to move it all.

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