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HSBC Advance minimum criteria

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  • How long does it take till they cough up the £150 switch money?

    Opened a few weeks ago, switch with 2 direct debits has completed last week, £1750 paid in.

    How long till the money? I don't intend to stay!
  • eskbanker
    eskbanker Posts: 37,214 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    energy1x wrote: »
    How long does it take till they cough up the £150 switch money?

    Opened a few weeks ago, switch with 2 direct debits has completed last week, £1750 paid in.

    How long till the money? I don't intend to stay!
    You don't even need to go as far as the Ts & Cs for the answer to that, the info is shown on the front page of the account at https://www.hsbc.co.uk/current-accounts/products/advance/:
    If your application is successful, you’ll receive the £150 within 30 days of the switch completion date
  • diceydeb
    diceydeb Posts: 158 Forumite
    Part of the Furniture Photogenic Combo Breaker
    I have applied for a HSBC Advance account on 3 occasions since last year. Each application was made when the switching offer was active. I've been declined each time. Only reason I can think of is that I don't meet the monthly income requirement. I have enough money in various accounts to easily satisfy the £1750 a month pay-in requirement, but this isn't enough to appease HSBC. It seems they only care about your monthly salary when considering applications.

    My monthly salary is PD to Lloyd's and its only £1000 but I was accepted as I told them I can pay in 1750 which I can
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