HSBC Advance - £25 cash back on new credit card

gingercordial

I was in HSBC yesterday and was offered a new deal for Advance account holders. If you open a credit card and make any purchase or a balance transfer within 60 days, they will credit your Advance current account with £25. I was assured there is no minimum on the purchase so it can just be a bar of chocolate or something.

No annual fee and there is also 3 months 0% on purchases and 34 months 0% on balance transfers, so not a bad deal.

It is showing here:
https://www.hsbc.co.uk/1/2/credit-cards/credit-card

Anthorn

I'll just take your word for it and I haven't checked it. £25 quid incentive and 3 months 0% purchases is a bit measly these days but the 34 months BT isn't too bad. But if you like it go for it.

gingercordial

Anthorn wrote: »

I'll just take your word for it and I haven't checked it. £25 quid incentive and 3 months 0% purchases is a bit measly these days but the 34 months BT isn't too bad. But if you like it go for it.

I have no use for the BT deal or even the purchases, but I'll certainly take £25 free money for a single small transaction! I may or may not cancel the card once I've had the incentive. Those with good enough credit ratings to easily pick up another card, use it then get rid of it may be interested.

planteria

agree the £25 is measly, but if you as you're already banking with HSBC then it ought to be straightforward.
i find their limits to be quite tight though, so the BT would be less useful, and the 3 months IFP is hardly worth bothering with..and i wonder if there is a Premier equivalent:think:

veryintrigued

gingercordial wrote: »

I was assured there is no minimum on the purchase so it can just be a bar of chocolate or something.

From T&Cs

e)the purchase can be of any value and the minimum balance
transfer amount is £100.

planteria

...which concurs with gc.

veryintrigued

planteria wrote: »

...which concurs with gc.

...indeed it does planteria which was the point of post i.e. refer to the t&cs rather than an assurance from a member of staff.....

It also adds the fact that there is a minimum balance transfer (which gc doesnt mention).

liamcov

Is this offer still available as when I click on credit cards when logged into internet banking there is no mentions of it.

Candyapple

liamcov wrote: »

Is this offer still available as when I click on credit cards when logged into internet banking there is no mentions of it.

A quick Google reveals:
The offer is only open to existing HSBC Advance customers and is available until 7th August

msallen

Has anyone actually rec'd the £25 yet. I got the card about 10th July and made a BT immediately, but no sign yet....

gingercordial

msallen wrote: »

Has anyone actually rec'd the £25 yet. I got the card about 10th July and made a BT immediately, but no sign yet....

Yes, I have. Opened the card in early July per my original post on this thread, made a small purchase on 20 July and received the £25 into my Advance account on 12 August. I then transferred some of it over to pay off the credit card.