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  • FIRST POST
    • wizzywig27
    • By wizzywig27 9th May 18, 7:12 PM
    • 1,207Posts
    • 798Thanks
    wizzywig27
    HSBC Advance Upgrade
    • #1
    • 9th May 18, 7:12 PM
    HSBC Advance Upgrade 9th May 18 at 7:12 PM
    Been trying to find an answer to this, as of yet I canít seem to find a difinitive one and even the bank canít tell me.

    I have an account with HSBC but donít use it. Due to the mess over at TSB Iíve considered using HSBC. I applied to upgrade my account last year and was told no as I donít meet the internal criteria.

    My question is, if I start to pay my salary in (which exceeds the min income) do they just upgrade my account after three months without a credit check?

    I popped into the branch to ask, he just said yeah and nodded and said yeah (not sure he understood my question), so I called up. She said that as long as I fund £10,500 within 3-6 months then I will. I asked if three months of minimum £1,750 (as stated on here and to me previously) was enough and she just said again £10,500 in 3-6 months. I am really confused and their call centres and rubbish
Page 2
    • wizzywig27
    • By wizzywig27 14th May 18, 5:44 PM
    • 1,207 Posts
    • 798 Thanks
    wizzywig27
    I called Nationwide to enquire about upgrading, they said I need to use the account for 6 months at which point they will review it, or I can apply and be credit checked but it may still be a no.

    Out of them all I would prefer nationwide, but they don!!!8217;t prefer me (and there is no way I would go to a basic bank account which may never be upgraded)
    • surveyor_101
    • By surveyor_101 17th May 18, 3:23 PM
    • 185 Posts
    • 124 Thanks
    surveyor_101
    If they won't give you an advance account now dont bank with them on the basis you will get one in the future. If you pay in over 1750 a month and have a good credit history no adverse they might.

    They are the strictest bank I have dealt with. I was paying in around 3k a month for 12 months and did get an upgrade. I had to wait 6 months for a contactless card! I switched to another bank acc and when I went to shut the hsbc acc the lady said do you realise there is a note saying your eligble for advance it says here. I used the other bank for a few months and switched back. I was then told the advance bit had gone and I had to pay 10450 in the next 6 month and stay out of my overdraft which I did.

    So I was so after 4 months I had done that and I asked for the account and then they said I failed the credit scoring for that acc. I had, had no further adverse credit since I had the account so i dont understand why 12 months i was eligible and now I am not no matter how careful I am with my money. I have 250 quid overdraft and thats it.

    I havent got amazing credit but being very careful with money now and earning a good wage.
    Last edited by surveyor_101; 17-05-2018 at 3:26 PM.
    • 18cc
    • By 18cc 17th May 18, 4:35 PM
    • 737 Posts
    • 492 Thanks
    18cc
    Not sure if you have tried it or not but you might want to consider giving a starling bank a try it is smart phone app only but absolutely excellent in my view
    • surveyor_101
    • By surveyor_101 17th May 18, 8:18 PM
    • 185 Posts
    • 124 Thanks
    surveyor_101
    This got me thinking and I called hsbc about something unrelated. I used to go into branch and ask for upgrade.

    I asked if I was eligible for advance and the guy said yes and put me through. I asked if they needed to credit check me and he said no it;s showing Elliglble and they talked me through all the benefits and said it!!!8217;s gone through and from tomorrow it is an advance account. Get new card and access to advance benefits and all with no fees. I used to pay lloyds for a gold account and I see that nationwide charge 13 a month for flex plus.
    • Curls2208
    • By Curls2208 18th May 18, 1:46 AM
    • 50 Posts
    • 25 Thanks
    Curls2208
    Wait TSB are dropping their £5 DD incentive?
    • wizzywig27
    • By wizzywig27 18th May 18, 8:31 AM
    • 1,207 Posts
    • 798 Thanks
    wizzywig27
    Wait TSB are dropping their £5 DD incentive?
    Originally posted by Curls2208
    Yup, it is only ever time limited depending on when you opened the account.
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