HSBC Savings Account Reviews

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HSBC Savings Account
2.1 stars
Average rating for this product is: 2.1 out of 5

From 1 rating and 4 reviews

Thumb down 25% of users recommend this product

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LenderAccountDescriptionInterestAEROverdraft  
Overdraft RateOverdraft Limit
ING DirectING Direct ISAOpen an account today in approximately 10 minutes. A simple way to save up to £3,600, without paying tax on your investment.Monthly2.50%N/A
NatWeste-ISAAvailable to existing Natwest Customers Only. The longer you save the more you can earn, save up to £3,600 in a tax year. See site for details.Monthly2.50%N/A
AbbeyDirect ISASave from just £1 to receive 2.00 AER (variable) tax free.Annually2.00%N/A

Average Ratings for HSBC Savings Account

  • Value for Money1.7 stars
  • Reviewer Ratings1.4 stars
  • Overall Rating2.1 stars

4 Reviews For HSBC Savings Account

  • Guest 11th Jun 2008

    Reviewer rating: 1 stars


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    Good Points: OK interest rate, easy to transfer between and to external accounts.


    Bad Points: Terrible customer service (obviously not a specific savings account issue), difficult to get anything sorted quickly if there are problems.


    General comments: The interest rate and ease of use and access don't make up for the generally bad customer service and slow response times when trying to get in touch with them.

  • artofohm Rank: Staff Sergeant 5th Oct 2007

    Reviewer rating: 0 stars


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    The HSBC Savings Account offshore saving rates are extremely low

  • artofohm Rank: Staff Sergeant 1st Oct 2007

    Reviewer rating: 0 stars


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    HSBC savings are amongst the worst of all major high street banks, unless you manage your funds with the bank better they will give you poor interest on your current account.

    They only offer higher rates to higher income group under premier banking when they need to collect cash to support their trading problems like the recent sub prime issue that they had in America.

  • bb111 Rank: Corporal 30th Aug 2006

    Reviewer rating: 4.5 stars


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    The HSBC Savings Account offers good monthly interest rates, and it is easy to transfer money to different accounts. You can also access money whenever you want. It is a good account and very useful!