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HSBC offering £50 for basic bank a/c switch

If you can credit account with minimum £500pm (unless you are under 24 then does not apply). Does not specify that it has to be main income.

Account eligibility
If you can pay £500 or more into your HSBC bank account each month, you're entitled to apply for Bank Account.
Should you fail to make the £500 monthly payment required to maintain your account, we will either change it to a Current Account or give you notice that we will be closing your account. If you are under the age of 24, the qualification criteria will not apply.


They will offer a 3 month interest free overdraft if you use their switching service, but I cannot see that you have to use it in order to qualify for the payout. That means that you probably don't need to switch any d/d's or s/o's to qualify but I can't open the t&C page for some reason.

http://www.hsbc.co.uk/1/2/personal/current-accounts/bank-account-page;jsessionid=0000iObLJ4Q9eLtRakTMnamu-Oh:12ntf2618

Cashback incentives also available on HSBC Plus accounts & HSBC Premier

Comments

  • td_007
    td_007 Posts: 1,212 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 13 January 2010 at 8:56PM
    3 main points to be eligible for cashback:
    1. You should not be currently holding a current a/c with HSBC
    2. At least one DD/SO must be switched
    3. £500 monthly funding requirement

    details
  • td_007
    td_007 Posts: 1,212 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    trynsave wrote: »
    They will offer a 3 month interest free overdraft if you use their switching service, but I cannot see that you have to use it in order to qualify for the payout. That means that you probably don't need to switch any d/d's or s/o's to qualify but I can't open the t&C page for some reason.

    Switching and transfer of at least one DD/SO required. I have provided link in my previous post to T&Cs for cashback.
This discussion has been closed.
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