Investments

Stockmarket Linked Savings Account

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A savings account with the potential to benefit from stockmarket growth

You could earn a fixed rate of 16.5% gross interest (4.16% AER*) on your deposit.

Put at least £3,000 in the Stockmarket Linked Savings Account for three years and nine months and have the potential to earn a fixed rate of 16.5% gross interest (4.16% AER) at the end of the term as long as the FTSE 100 Index hasn't fallen (after three months final averaging). Or your money back plus 1% gross interest (0.27% AER) if it has.

You can even use your annual cash ISA subscription allowance to benefit from tax efficient returns. You can also transfer in any existing previous tax year cash ISAs to benefit from the same great rate.

Please note - this account is not suitable if you need to make early withdrawals. If you do make early withdrawals you could get back significantly less than you put in. Please see the application pack for full details.

Available between 6 February 2012 and 17 March 2012. Applications must be received by 20 March 2012.

We may close the offer earlier if oversubscribed.

The minimum deposit is £3,000. To be eligible, you must be ordinarily resident in the UK for tax purposes and aged between 18 and 85.

This account is a limited issue and is provided by HSBC Trust Company Limited.

*AER (Annual Equivalent Rate): This is a notional interest rate which illustrates what the gross rate would be if interest were paid and compounded each year. Gross: The interest rate before the deduction of tax applicable to interest on savings accounts.

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