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Online Savings Account by HSBC
Online Savings Account
Institution : HSBCTheir Blurb
-
Our View
a customer friendly product that allows easy access to your funds but rewards people serious about saving by keeping fees and charges to a minimum and paying bonus interest of 5% once balance gets over $5000
Pros
- no monthly account servicing fees
- interest paid
- increasing to 5% from $5000
- convenience of electronic access to funds
- rewards people who save
Cons
- min $2000 needed to open an account
Bank Account Type
Savings Account
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| The Facts & Figures | |
|---|---|
| Cheque Book Facility | Yes |
| Balance great than $100k | $ 5.35 |
| Branch access | Yes |
| Interest paid | Monthly |
| Minimum balance | $ 2000.00 |
| Online access | Yes |
| Interest calculated | Daily |
| Minimum opening deposit | $ 2000.00 |
| Phone access | Yes |
| Balance less than $1k | $ 0.05 |
| ATM access | Yes |
| Age restrictions | Yes |
| Balance less than $25k | $ 5.35 |
| EFTPOS access | Yes |
| The cool stuff: features | |
| Free electronic Transaction per month | unlimited |
| Debit Card | Yes |
| Account Keeping Fee | - |
| BPAY / BillPay | Yes |
| GiroPost | Yes |
| Special Offers | - |
| Other bank ATM fee | $ 2.00 |
| EFTPOS Transaction Fee | $ 0.00 |
| Branch Assistance Fee | $ 5.00 |
