HSBC ‘going green’ with annual sale

HSBC has announced that it is introducing a green initiative to its ‘annual sale’ for 2007, with some of the discounts on offer helping environmental charities.

According to the company, it pioneered the first bank sale in 2005 and this year it has teamed up with charities such as the Climate Group, Botanic Gardens Conservation International, Earthwatch Institute and Encams.

For every on-sale product sold, HSBC will contribute £2 to a fund to be distributed among the charities. It will also donate 50p to the WWF for every customer who registers with HSBC internet banking in the sale period.

The bank expects to raise more than £1 million for the four charities.

New credit card customers with HSBC can take advantage of the sale, with an offer of zero per cent interest on balance transfers until April 2008.

Mike Oliver, manager of the sale, said: "HSBC’s sale has always been a big hit with our customers and the range of deals we are offering in the 2007 green sale has something for almost everyone shopping for finances in the new year."

Mortgages, current accounts, insurance and high-interest deposit bonds are also included in the sale.