30 December 2004
HSBC has become the first UK high street bank to launch a January sale.
The bank has also broken with tradition by opening its doors on the 28 December – a Bank Holiday in the UK – to offer customers a range of reduced banking and financial products.
Throughout January, HSBC’s UK customers can sign up for discounted mortgages, loans and insurance, credit cards, overdrafts, and high interest savings accounts – a package that could save the average person nearly £2,500.
Joe Garner, HSBC Bank’s head of customer propositions, says that most of the deals are available to existing as well as new customers. He added: “The January sale is a highlight of the retail calendar in the UK, so why not in banking too? Back in 1955 we were the first UK bank to advertise on TV, while more recently, we brought 24-hour phone banking to the UK and pioneered Islamic banking and mortgages.
“Now we are modernising high street banking by breaking from the pack and opening on a bank holiday to kick-off a sale with genuine bargains when people most need cheaper finance.
“And, crucially in the case of lending products, each customer will be carefully screened and advised to ensure they can afford any credit they sign up to.”
Click here for more information on the January sale offers.