HSBC Premier changes

Swipe

TheMod1 said:

Swipe said:

It looks like HSBC are finally getting around to removing Premier from ineligible customers. Can't say I've ever made much use of the benefits so I'll let it go. I've just received this email: 

We’re writing to remind you of the changes to the eligibility criteria for HSBC Premier. To keep your Premier benefits, you’ll need to act soon and make sure you:

•  have an individual annual income of at least £100,000, paid into your HSBC Premier Bank account

or

•  have savings or investments of at least £100,000 with HSBC in the UK

or

•  already have HSBC Premier in another country

HSBC Premier goes beyond banking, with health benefits, travel insurance and rewards. And unlike some competitor accounts, all of this comes with no monthly fee – so we don’t want you to miss the opportunity to keep your Premier account.

Were you trying to meet the £100k salary or £100k in savings and investments and how active are you with the account? How much do you deposit in the account each month?

No, I have no intention of trying to meet the requirements. I've had the account ever since Premier was launched when they badgered me to sign up. I moved most of my money out of HSBC to a new home about 5 years ago so haven't met the criteria since then. My post was a heads up for anyone who hasn't yet received the email.

PloughmansLunch

For those that do meet the criteria emails were sent out this week introducing a named Premier Financial Consultant and a bullet point list of HSBC services, so hunker down and prepare for a soft-sell phone call soon

Umiamz

My Premier account has been dormant since the end of last year and I moved my S&S ISA (which was no longer enough to satisfy eligibility for Premier). I still haven't heard a peep from them since the initial email in January, other than general advertising emails about Premier services.

Theleak250

I have about 100k going in over a year but it’s not all from salary. I have never been offered an account so seems to suggest they do check your actual salary!