Days numbered for HSBC's special rate

HSBC says that it's special home loan rates will be ending on May 1.

Wednesday, April 22nd 2015, 11:40AM

The bank is offering a market-leading 5.29% across all its fixed rate terms, and is paying $2,000 cash to new HSBC Premier customers.

To qualify as a Premier client, customer need to have either a minimum combined home loan of $500,000 or $100,000 in savings and investments with the bank.

Head of Retail Banking and Wealth Management, Glen Tonks, says: “We are delighted with the level of interest we have received to this highly-competitive offer, made possible by the current interest rate environment. The feedback from customers has shown how highly New Zealanders value the opportunity to structure their home loan to meet their individual needs at a single competitive interest rate.”

“HSBC New Zealand’s history of offering consistently competitive home loan interest rates, coupled with our experienced dedicated relationship manager team and global online banking connectivity, provide an outstanding combination for internationally-minded New Zealanders,” he added.

 

Tags: HSBC Mortgage Rates

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