• Preferential Rates and TermsOn a wide range of HSBC products including savings, mortgages, and overdrafts *1

    Your home may be repossessed if you do not keep up repayments on your mortgage
  • Overdraft Text Alerts We know that sometimes it's easy to lose track of your spending. That's why we've introduced our overdraft text alert service for all our current account customers to make it easier, and to help you avoid informal Overdraft Usage Fees

See how Advance differs from our other accounts:


Basic Bank Account Bank Account Bank Account Pay Monthly HSBC Advance HSBC Premier
Eligibility criteria, subject to status and internal checks Pay in at least £500 per month into this account

If you are under the age of 24, the qualification criteria will not apply
Pay in at least £500 per month into this account

If you are under the age of 24, the qualification criteria will not apply
Available to customers who pay in £1,750 or more each month, not including money transferred from other sole or joint personal accounts held with HSBC Bank Pay your main income into your HSBC Premier Bank Account
and:

1) Have savings or investments of at least £50,000 with HSBC in the UK; or

2) have an individual annual income of at least £100,000 and one of the following products with HSBC in the UK:

- a mortgage;

- an investment, life insurance or protection product;
Or, qualify for HSBC Premier in another country
Monthly account fee £10 p/m
Dedicated Relationship Manager
Online and HSBC Mobile Banking App *2
Overdraft service and rate, subject to status
19.9% EAR

Representative example (assumed overdraft £1,200): 19.9% EAR variable

19.9% EAR

Representative example (assumed overdraft £1,200): 19.9% EAR variable

17.9% EAR

Representative example (assumed overdraft £1,200): 17.9% EAR variable

£500 interest free overdraft with no overdraft fees
£500+: 11.9% EAR

Representative example (assumed overdraft £1,200): 0% EAR variable on the first £500 and 11.9% EAR on the rest
Daily ATM Cash withdrawal limit £300 £300 £300 £500 £1000
Worldwide Travel Insurance for customers under 70
Worldwide cash withdrawals with no HSBC non-sterling cash
fees *3
Preferential savings rates*4
Preferential loans offer, subject to status*5 10% Interest cashback offer on HSBC Personal Loans

Representative 3.9% APR for loans between £7-15k over 1-5 years*6
Preferential Rates between £7-£25k

Representative 3.9% APR for loans between £7-25k over 1-5 years*6
Preferential mortgage offer, subject to status*5 Discounted booking fees on our Standard range Discounted booking fees on our Standard range Discounted booking fees on our Standard range Discounted booking fees on our Standard range

Preferential rates on Buy to Let mortgages

Access to Interest Only mortgages

Your home may be repossessed if you do not keep up payments on your mortgage

  

*1As compared to our Bank Account, Bank Account Pay Monthly, Current and Basic Bank Account.

*2 You’ll need to identify yourself through our automated telephone service when calling 03457 404 404. Our telephone and Online Banking services are open 24 hours a day subject to scheduled maintenance periods. During busy periods calls may be transferred outside the UK. If you have a speech or hearing impairment, please use our textphone service. Textphone is not available in the Channel Islands and Isle of Man. To help us continually improve our service, and in the interests of security, we may monitor and/or record your calls with us.

*3These transactions are subject to a non-sterling transaction fee, currently 2.75% of the amount of the transaction. Some cash machine operators may apply a direct charge for withdrawals from their cash machines. This will be advised at the time of the withdrawal.

*4Available on a selection of our savings products – Regular Saver, HSBC Loyalty Cash ISA and Flexible Saver accounts.

*5Subject to status and account conduct.

*6The representative APR may not be the rate you'll receive. We'll offer you a rate based on our assessment of your personal financial circumstances.The offer only applies to loans with 60 or less scheduled repayments and it will not apply if the loan is repaid early by you or terminated by us. You must also be an HSBC Advance customer at the time the loan is taken out.