We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
HSBC Premier up to £750
alandaniel132
Posts: 479 Forumite
Everything's Premier when you get up to £750
Open a Premier account by 23 Feb 2026, and by 30 Apr 2026 switch your bank account and salary of £100k+ using the Current Account Switch Service for £250; and / or transfer £100k+ of savings / investments, and maintain your balance for 3 months for £500. Offer ends 23 Feb 2026.
Cashback paid within 70 days of meeting criteria. Excludes existing HSBC UK and first direct current account customers, and those who have received an HSBC UK joining incentive since 1 Jan 2025. UK residents only. Further offer T&Cs, Premier and financial eligibility criteria apply3
My question is:
I am holding HSBC current account, am I eligible for this?
Cashback paid within 70 days of meeting criteria. Excludes existing HSBC UK and first direct current account customers, and those who have received an HSBC UK joining incentive since 1 Jan 2025. UK residents only. Further offer T&Cs, Premier and financial eligibility criteria apply3
My question is:
I am holding HSBC current account, am I eligible for this?
0
Comments
-
No, as you have an existing HSBC account.
However, if you qualify, there is no downside in upgrading your existing account to HSBC Premier.0 -
Removed the rest of the text to show the answer!alandaniel132 said:Excludes existing HSBC UK and first direct current account customers
[...]
My question is:
I am holding HSBC current account, am I eligible for this?2 -
If I close all my HSBC account, including credit card.eskbanker said:
Removed the rest of the text to show the answer!alandaniel132 said:Excludes existing HSBC UK and first direct current account customers
[...]
My question is:
I am holding HSBC current account, am I eligible for this?
After 1 week, can I apply and eligible?0 -
No, as explained in the full offer terms:alandaniel132 said:
If I close all my HSBC account, including credit card.eskbanker said:
Removed the rest of the text to show the answer!alandaniel132 said:Excludes existing HSBC UK and first direct current account customers
[...]
My question is:
I am holding HSBC current account, am I eligible for this?
After 1 week, can I apply and eligible?You don’t qualify if:https://www.hsbc.co.uk/content/dam/hsbc/gb/pdf/premier/terms-and-conditions.pdf
• You’re an existing HSBC UK or first direct current account holder on 5 January 2026 or have applied for an account prior to this date.
• [...]3 -
No benefits of getting of HSBC Premier, right?gt94sss2 said:No, as you have an existing HSBC account.
However, if you qualify, there is no downside in upgrading your existing account to HSBC Premier.
0 -
One benefit if that you get a decent free worldwide travel insurance for your family.alandaniel132 said:
No benefits of getting of HSBC Premier, right?gt94sss2 said:No, as you have an existing HSBC account.
However, if you qualify, there is no downside in upgrading your existing account to HSBC Premier.0 -
I am eligible for this, and have a "donor" bank account ready to go - helped by the fact that there doesn't seem to be any Direct Debit requirements associated with the switch.The one question I do have, is whether it is essential my salary is currently coming into the donor account. At present, my salary is paid into my main account (which I certainly don't want to close / switch). I am happy for my salary to go into the HSBC account (once opened), but am wondering whether I have to go through the rigmarole of first getting my salary paid into the donor account and only then, completing the account switch. Or can I arrange the account switch, and separately (manually) arrange for my employer to pay my salary intothe new HSBC Premier account?The T&Cs are not entirely conclusive (to my eye), and I am conscious that, unlike most account switches, where the new account doesn't care where the money comes from, as long as it meets the monthly minimum payin criteria - in this case, it appears that HSBC are cracking down, and expect to see payroll credits evidencing £100k income coming in.Anyone got any thoughts (or prior experience)0
-
Yes, you can arrange for your employer to pay your salary into your new HSBC Premier account after it has been opened1
-
Any ideas what a £100k salary translates into monthly - what are they expecting to see come in? Appreciate it varies due to tax, salary sacrifice, pension contributions etc
It also looks like the switching offer is stricter than the normal criteria they use to open a premier account where you only need to show income of £100k rather than a salary of over £100k
"Annual income
You have an individual annual income of at least £100,000, and pay it into your HSBC Premier Bank Account."
0 -
my salary is over £100k but due to SS my employer pays me £60k less pa. Would I qualify?
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards