William
William
Deal editor

Banking · Checked against HSBC UK’s own page

HSBC UK

HSBC UK switch offer: £220 for switching to the Bank Account

HSBC UK Bank Account: £220 switching offer. Apply in the mobile app only, and pay in £2,000 plus spend £500 on the card within 60 days.

£220
switching offer
  • Paid within 60 days of meeting the criteria
Worth knowing

Apply in the mobile app only, and pay in £2,000 plus spend £500 on the card within 60 days.

What you have to do

  1. Open a Bank Account in the HSBC UK mobile app
  2. Complete a full switch using the Current Account Switch Service
  3. Move at least 2 Direct Debits
  4. Pay in £2,000
  5. Spend £500 on your debit card

The details

Deadline
60 days from account opening
Paid
within 60 days of meeting the criteria
Monthly fee
No monthly fee
Who can get it
New customers only. Not available to existing HSBC UK or first direct customers, or to anyone who has held an HSBC UK or first direct current account since 1 January 2023.
Offer details
Further offer and account T&Cs and eligibility criteria apply. Switcher Offer may be withdrawn at any time and applies to HSBC UK Bank Account only (Basic Bank Account etc not eligible).
Source
HSBC UK Bank Account product page Checked 13 Aug · we may earn a commission if you switch

How MoneyHQ checked this

We read HSBC UK’s own page on 13 Aug and wrote down what it says: the figure, the conditions and the catch. Figures change, and the provider’s page is always the final word. The page we read is here. If you spot a difference, tell us and we will check again.