HSBC Integrates Savings Tool to Mobile App

HSBC adds savings tool to mobile app - retail banking

HSBC’s Savings Goal tool lets users choose from a list of short to medium-term goals, including travel, a new car or a new business venture.

HSBC has added a feature to its mobile app in the UK to help customers identify, plan and manage their saving goals.

Pella Frost, Managing Director Everyday Banking at HSBC UK, said, “Saving money can be easier when you have a goal in mind. With Savings Goals you can make a plan for achieving your aims and contribute on a regular basis.”

The Savings Goal tool lets users choose from a list of short to medium-term goals, including travel, a new car or a new business venture and set the due date and amount target. They can then set up a regular transfer of funds into their savings account and track their progress.

For those interested in investing for longer-term goals, HSBC UK also offers an Investment Goals feature on the app.