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  • FIRST POST
    • tudorfan22
    • By tudorfan22 26th Mar 18, 2:44 PM
    • 433Posts
    • 1,524Thanks
    tudorfan22
    HSBC switch 150 bonus?
    • #1
    • 26th Mar 18, 2:44 PM
    HSBC switch 150 bonus? 26th Mar 18 at 2:44 PM
    I applied for a switch to HSBC for the 150 bonus yesterday, at the time they said they needed to do some routine checks before I got a decision, today I got the confirmation email that they did accept me, but its outside the deadline. My question is, as I applied before the deadline, will they honour the 150 bonus or will I not be entitled to it because im apparently confirmed today outside the deadline
    Thanks !
    )

Page 1
    • EachPenny
    • By EachPenny 26th Mar 18, 5:10 PM
    • 6,200 Posts
    • 16,385 Thanks
    EachPenny
    • #2
    • 26th Mar 18, 5:10 PM
    • #2
    • 26th Mar 18, 5:10 PM
    I applied for a switch to HSBC for the 150 bonus yesterday, at the time they said they needed to do some routine checks before I got a decision, today I got the confirmation email that they did accept me, but its outside the deadline. My question is, as I applied before the deadline, will they honour the 150 bonus or will I not be entitled to it because im apparently confirmed today outside the deadline
    Originally posted by tudorfan22
    Read the offer T&C's very carefully. Usually they will say something to the effect of "applications made before...". If that's the case then you'd be ok. If the T&C's say "accounts opened before...." then you are on less firm ground. If it says "Applications approved before..." then you need to worry.
    "In the future, everyone will be rich for 15 minutes"
    • YorkshireBoy
    • By YorkshireBoy 26th Mar 18, 6:23 PM
    • 30,183 Posts
    • 18,070 Thanks
    YorkshireBoy
    • #3
    • 26th Mar 18, 6:23 PM
    • #3
    • 26th Mar 18, 6:23 PM
    Read the offer T&C's very carefully.
    Originally posted by EachPenny
    If you get as far as 4(b) and haven't found your answer, then go back to the beginning and start again!
    • jblakeborough
    • By jblakeborough 26th Mar 18, 6:55 PM
    • 3 Posts
    • 0 Thanks
    jblakeborough
    • #4
    • 26th Mar 18, 6:55 PM
    • #4
    • 26th Mar 18, 6:55 PM
    I've also applied before the deadline but was wondering how soon they pay? I don't intend to keep the account for long and wish to switch to another, how soon did anyone else do this?
    • radoslaff
    • By radoslaff 26th Mar 18, 8:50 PM
    • 118 Posts
    • 39 Thanks
    radoslaff
    • #5
    • 26th Mar 18, 8:50 PM
    • #5
    • 26th Mar 18, 8:50 PM
    I've also applied before the deadline but was wondering how soon they pay? I don't intend to keep the account for long and wish to switch to another, how soon did anyone else do this?
    Originally posted by jblakeborough
    For my and my wife's accounts it took between 2 and 4 weeks after the switch.
    The journey of a thousand miles begins with one step.
    • ValiantSon
    • By ValiantSon 26th Mar 18, 9:00 PM
    • 2,537 Posts
    • 2,491 Thanks
    ValiantSon
    • #6
    • 26th Mar 18, 9:00 PM
    • #6
    • 26th Mar 18, 9:00 PM
    I've also applied before the deadline but was wondering how soon they pay? I don't intend to keep the account for long and wish to switch to another, how soon did anyone else do this?
    Originally posted by jblakeborough
    They say that they will pay within 50 days.

    Of course, if you did stick around then in 12 months time you would get another 50 from them, and have had access to the 5% regular saver for the duration. Are these of no interest to you?
    • tudorfan22
    • By tudorfan22 27th Mar 18, 8:45 AM
    • 433 Posts
    • 1,524 Thanks
    tudorfan22
    • #7
    • 27th Mar 18, 8:45 AM
    • #7
    • 27th Mar 18, 8:45 AM
    think I have my answer:
    4. We will make the Initial Offer Payment described at clause 5, and provide access to a 0% interest overdraft on your Eligible account as described at clause 7, if you comply with all the following requirements, namely:
    a. you apply for an Eligible Account between 29 December 2017 and 25 March 2018 (inclusive), and such account is subsequently opened
    so I think ill be ok as I APPLIED on 25 March


    thanks all!
    )

    • pinklady21
    • By pinklady21 9th Apr 18, 12:54 PM
    • 659 Posts
    • 477 Thanks
    pinklady21
    • #8
    • 9th Apr 18, 12:54 PM
    • #8
    • 9th Apr 18, 12:54 PM
    Just to confirm, what was the cut off date for applying to receive the switch incentive? I applied on 24th March 2018 - a/c was accepted, so should I receive the incentive?
    • pinklady21
    • By pinklady21 9th Apr 18, 1:12 PM
    • 659 Posts
    • 477 Thanks
    pinklady21
    • #9
    • 9th Apr 18, 1:12 PM
    • #9
    • 9th Apr 18, 1:12 PM
    OK - just called HSBC who confirmed that accounts applied for and opened before the 25th March will be eligible for the switching incentive of 150 provided the a/c conditions are met.
    (2 direct debits set up and 1750 being paid in each month.)
    I applied on 24th March, so should receive the incentive payment. Happy days!
    • clivep
    • By clivep 9th Apr 18, 2:51 PM
    • 331 Posts
    • 164 Thanks
    clivep
    OK - just called HSBC who confirmed that accounts applied for and opened before the 25th March will be eligible for the switching incentive of 150 provided the a/c conditions are met.
    (2 direct debits set up and 1750 being paid in each month.)
    I applied on 24th March, so should receive the incentive payment. Happy days!
    Originally posted by pinklady21
    I trust you mean the direct debits were set up on the donor a/c and transferred during the switch rather than set up on the HSBC a/c.
    • Mee
    • By Mee 9th Apr 18, 3:15 PM
    • 1,110 Posts
    • 1,044 Thanks
    Mee
    I was really impressed with their prompt bonus payment Switch 31/1/18; DDs and deposit before 7/2; bonus 12/2)
    Will be staying around for the extra 50 as with the regular saver, and coin deposit service.
    Last edited by Mee; 10-04-2018 at 1:18 PM.
    He who accepts evil without protesting against it is really cooperating with it. [MLK]
    • AndyPK
    • By AndyPK 9th Apr 18, 6:36 PM
    • 3,072 Posts
    • 874 Thanks
    AndyPK
    how quick did you get it ?

    I transferred over 2 tesco DD's so not sure what will happen really.

    But wanted their regular saver
    • Newly retired
    • By Newly retired 14th Apr 18, 9:50 AM
    • 2,374 Posts
    • 2,750 Thanks
    Newly retired
    Please could anyone post a link to these T&C ?
    The current ones dont refer to a switching bonus, since the offer has ended. I applied on 25th, but am still waiting for mine. The switch has gone through today and I am about to pay in the monthly amount, so am not expecting it until I have paid.
    • AirlieBird
    • By AirlieBird 14th Apr 18, 11:21 AM
    • 1,039 Posts
    • 849 Thanks
    AirlieBird
    All the T&C for each of the 200 switching offers are at the bottom of the switching page.
    https://www.hsbc.co.uk/current-accounts/switching-to-hsbc/
    • Newly retired
    • By Newly retired 14th Apr 18, 1:10 PM
    • 2,374 Posts
    • 2,750 Thanks
    Newly retired
    Many thanks AirlieBird.
    • Newly retired
    • By Newly retired 23rd May 18, 9:49 PM
    • 2,374 Posts
    • 2,750 Thanks
    Newly retired
    Glad to report that my switching bonus came through ok. I will be staying for the 12m bonus, as I have their regular saver at 5%.
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