HSBC introduces 'My Lifestyle Saver' account

HSBC has launched savings account, 'My Lifestyle Saver', which allows customers to live their desired lifestyle by planning well in advance.

My lifestyle saver will reward customers with an attractive interest rate of 11.25% per annum with easy access from anywhere at anytime through the bank's automated banking channels and third party networks.

A good savings habit is immensely important for several reasons - savings can be used for profitable and secure investment opportunities, for short-term, high-risk investment, for emergency spending rates, but also a wide range of value-added services and unmatched global opportunities, in an effort to offer convenience to customers.

The value-added services include a free personalized ATM card with no joining or annual fee, ATM withdrawals of up to Rs. 50,000 per day, free personal Internet banking and phone-banking facilities, free utility bill payments, SMS confirmation on deposits.

My Lifestyle Saver account holders will enjoy benefits such as cash and cheque deposits via HSBC's ATM's and Easy Pay machines and at selected post offices located islandwide, SLIPS transfers and postage of cheques amongst many others.