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News: HSBC launches £11 million give-away

HSBC has announced that it's giving 50% more on savings and cutting 50% off the cost of borrowing with immediate effect - this part of an £11 million January sale give-away.

This year's sale will also include free banking for new HSBC commercial customers and discounts on selected products from the M&S range, as well as special offers from HSBC on savings, investments, mortgages, credit cards, insurance and current accounts.

The HSBC personal banking products on sale include: 50% on instant access savings - 'best buy' high street offer, up to 4.22% gross; 50% off HSBC's fixed rate mortgage giving 2.69% for six months; 50% off the bank's Plus packaged account - 'best buy' price at £6.47 for six months and 50% off InvestDirect online trading - the cheapest deal being at £5.97 per trade. The Plus packaged account meanwhile also offers identity theft assistance and security advice, as well as a broad range of travel related features e.g. world-wide family travel insurance and free global ATM access.

Also being made available is a 35 day extension of 0%, nine month balance transfers & purchases for the bank's credit card; 50% off will writing services; 50% off initial charges for selected equity ISAs for advised investments in branches and online (down to 2% and 0.5% respectively); and a £50 cashback on new home insurance policies.

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