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Can I switch from first direct to HSBC accounts to get bonus?
Stu6781
Posts: 119 Forumite
As the title says, can I switch my first direct current account to the HSBC advance accoun to get the £175 bonus? And how often do they ask for income details? Thanks
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As the title says, can I switch my first direct current account to the HSBC advance accoun to get the £175 bonus? And how often do they ask for income details? Thanks
Unless there is anything in the HSBC switch incentive T&Cs saying you can't - then you can;)
They always ask about income details on the application form. (As does every other current account provider I've ever used).0 -
As with most such questions, this is answered in the offer Ts & Cs, but if you're happy to open an account and switch based on what's said by an anonymous internet stranger, the answer is 'yes'....As the title says, can I switch my first direct current account to the HSBC advance accoun to get the £175 bonus?
I can't speak from personal experience but know that on application you have to declare your salary, etc, and they'll obviously conduct a credit check, probably accompanied by another with National Hunter to validate consistency of declared income. Anecdotally they're picky about who to accept, so if your income isn't likely to be enough to make the £1,750 monthly payment on an ongoing basis then it's probably not going to be worth trying to fool them - they reserve the right to downgrade accounts when holders no longer satisfy eligibility criteria.And how often do they ask for income details?0 -
Over a year since I was refused an HSBC Advanced Account I've now been accepted, despite me now being retired and only in receipt of a LGPS pension, state pension and a tiny salary from a 3 day a month role. They total over £1750 though none will be paid directly into the HSBC account, only a monthly transfer each way.
I would keep the FD account if you are using Regular Savers. Both of these, plus the M&S account have 5% interest on their RSs.0 -
First is the only bank that as ever declined me a bank account. I don't know if it is because i have an HSBC account, but i'd be interested in knowing if any other HSBC account holders have a First account.0
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snowqueen555 wrote: »First is the only bank that as ever declined me a bank account. I don't know if it is because i have an HSBC account, but i'd be interested in knowing if any other HSBC account holders have a First account.
Yes, me. And the M&S one too.0 -
snowqueen555 wrote: »First is the only bank that as ever declined me a bank account. I don't know if it is because i have an HSBC account, but i'd be interested in knowing if any other HSBC account holders have a First account.
Many of the regular posters, myself included, have current accounts with First Direct, HSBC and M&S:)0 -
I have hsbc and fd and got switch bonuses for both - never applied for m&s0
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