Premier Bank Account: current account benefits | HSBC UK

 

Exclusive benefits to help you build, manage and protect your wealth

 

Dedicated Relationship Manager

Our Premier Relationship Management Service is at the heart of HSBC Premier and is there to provide the advice and guidance you need to make the most of Premier's many benefits and your money.

You can choose a dedicated Relationship Manager based in a branch near you. Your Relationship Manager can be reached by phone or email, or you can arrange to meet them in a branch, at your office or even at your own home.

Alternatively, you can use our telephone based service where you will speak to one of our team who are available from 8am to 9pm on weekdays and 9am to 6pm on weekends. Find out more about our Relationship Management service.

Show more

 

Wealth management expertise

Our Premier Client Managers1 have the expertise to help you with every aspect of your financial future. This includes; investing for your future, planning your retirement, minimising your tax and inheritance planning.

After assessing your personal circumstances, life goals and risk tolerance, they'll develop a financial plan that's tailored to meet your aspirations and financial objectives.

If you're looking to delegate the management of your portfolio, we offer a discretionary service. And if you like to manage your own investments, our Global Investment Centre gives you the information and control you need to research, buy, sell, switch and track your investments all from a single place.

Please bear in mind that the value of investments can fall as well as rise, so you may get back less than you invested. This may in part be caused by exchange rate variations where overseas investments are held.

If you're planning to purchase a property abroad , there are several markets where we can help you with a mortgage, and even advise on local housing markets.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

For mortgages denominated in a currency other then sterling, changes in exchange rate may increase the sterling equivalent of your debt.

Show more

 

Preferential rates and terms

As a HSBC Premier customer, you'll be eligible for our best rates and terms on a wide range of products and services.

Our exclusive Premier Savings account gives you instant access and a preferential rate with no maximum balance. You'll also have access to Regular Saver, one of our highest-earning savings accounts. Plus, Premier customers are entitled to preferential terms on residential mortgages, Buy to let mortgages, overdrafts, loans and credit cards.

Representative 5.7% APR for loans between £7,000 and £25,000.

Credit card: representative 11.9% APR variable.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

 

Global support and recognition

With HSBC Premier, you're not just a UK customer, you're an international customer, which is why you can enjoy preferential service in any of our worldwide branches.

If anything unexpected happens you'll receive the emergency assistance you need. For example, if your credit cards are lost or stolen, we can replace them within 36 hours. Or if you need cash, we can arrange up to $2,000 emergency cash transfer.

What's more, our local staff can be a valuable source of information to help you make the most of your journeys. Visit any one of over 300 HSBC Premier centres in cities across the globe to enjoy a home-from-home banking service: relax with a coffee as you call your HSBC branch at home, go online or talk to a Relationship Manager in English.

Show more

 

Money management for your children

You can give your children the freedom to manage their own money with your guidance through our range of HSBC Premier Family Accounts and with Premier Family Mortgages.

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

Our family accounts encourage saving from the age of 7 and offer the experience of managing a current account from 11 years - with preferential rates of interest up until they're 25. And if your children are planning to go to university abroad, they can take advantage of the International Account Opening facility in over 40 countries and territories. We can even have the account open for them when they arrive.

The HSBC Premier Family Mortgage benefit is a great way to give your children a helping hand while letting them enjoy their independence. Not only do HSBC Premier customers benefit from preferential mortgage rates and fees - their children do too.

This benefit is available to your children if they're:

  • a first-time buyer
  • looking to remortgage when moving home
  • switching from an existing HSBC mortgage product to a different HSBC mortgage product, or remortgaging from a first direct mortgage or a mortgage with another lender
  • applying for a joint mortgage
  • Please note that Buy To Let mortgages are excluded from this benefit

Some things to consider:

  • Applicants must be at least 18 years of age and no older than 60
  • Parents must be an HSBC Premier customer at the time of application
  • Parents must give us consent to disclose that they are an HSBC Premier customer to any children and any joint applicants wishing to take advantage of this benefit
  • All applications will be subject to normal assessment criteria

Show more

 

Globally linked-up online banking

Access and manage your worldwide HSBC accounts online with a single log-on using Global View.

Simple and convenient, you can make Global Transfers (free from transaction charges) online between your HSBC accounts (subject to country). Have a look at our Global View banking demo.

Global View and Global Transfers are not available in all countries. Before you can make a Global Transfer your accounts will need to be linked. Foreign currency exchange rates may apply.

Show more

 

HSBC Premier Credit Card

As a Premier customer, you're eligible to apply for a Premier Credit Card. Rewarding and protecting you every time you use it, it's one of the key features of the HSBC Premier experience.

Representative 11.9% APR variable

New cardholders get our introductory offer of interest-free purchases for 9 months from account opening with no annual fee. You'll also get two years extended warranty on many household goods if you purchase them using your credit card.

Our reward points programme lets you earn Premier Points every time you shop which can be exchanged for a range of travel and leisure benefits. And if your card is lost or stolen when you're abroad, we can arrange for an emergency replacement within 36 hours.

Show more

 

Worldwide travel insurance

HSBC Premier does more than just help with your finances when you're travelling: we can also give you some peace of mind if the unexpected happens. HSBC customers under the age of 70 are covered anywhere in the world for up to 31 days per trip. Worldwide travel insurance is provided by Aviva Insurance Limited and policy terms and conditions apply.

You must be under the age of 70 at the start of the trip.

Your partner is also covered if under the age of 70 at the start of the trip and permanently residing with you at the same address. Please note if you or your partner turn 70 whilst on holiday, all cover will cease when you have returned back to the UK, Channel Islands or Isle of Man.

Your unmarried, dependent children are covered if they accompany you or your partner and are under 18 years of age at the start of the trip (or under 23 years of age if still in full time education and live with the account holder outside of term-time.) Children will also be covered whilst travelling abroad on their own to visit and stay with close relatives for the duration of the trip.

To be covered, your main home must be in the UK, the Channel Islands or the Isle of Man and you must have been registered with a doctor in the UK, the Channel Islands or the Isle of Man and liable to pay local taxes for at least six months at the time of opening your account or on the date your trip starts. You must be under the age of 70 at the start of the trip. Other policy terms and conditions apply.

Show more

 

Identity theft advice

We've partnered with red24™ to provide you with a comprehensive range of security advice services. As an HSBC Premier customer you'll have 24/7 direct access by phone for help in any situation or emergency, wherever you are in the world.

The security experts at red24™ can answer your questions, provide support, guide you through your next steps if you experience ID theft - and in serious cases one of the specialists will even visit you at home or your workplace to assist you with your case in person. Visit the red24 website for more information and to register.

Show more

 

Travel safety assistance

If you're thinking of heading off the beaten track, red24™ can give you tailored advice to help plan your trip.

They'll provide you with a security briefing and any important contact details you might need. Once you're on your trip, they can send you text and email updates along the way so you'll always know about any weather warnings, civil unrest and so on.

This benefit also covers your partner and any children up to age 22 - so if your son or daughter plans to travel before starting university, this service can help put your mind at rest. Visit the red24 website for more details.

Show more

 

Plus the essentials to help you manage your money

 

HSBC Premier Contactless Visa Debit Card

Your HSBC Premier Contactless Visa Debit Card gives you instant access to your money whenever you need it. You can use your card to pay for goods and services wherever you see the Visa sign. This includes 29 millions shops, hotels, restaurants and other outlets in the UK, and across over 160 countries.

You can also withdraw cash from over one million cash machines worldwide. And what's more, overseas cash machine withdrawals made with your HSBC Premier Contactless Debit Card do not incur ATM transaction fees from HSBC. Please note, a foreign exchange charge of 2.75% will still apply to any transaction that is processed in a foreign currency. Please view our General Price List and Interest Rates (PDF) for more details.

The HSBC Premier Visa Debit Card now comes with Contactless technology. Contactless allows you to make low value payments (currently up to £15 but increasing to £20 from 01 June 2012) with a simple tap of your card, just look for the Contactless logo at a retailer.

Contactless Sign

When you receive your Contactless Card we will include further information on how to use it along with a number of exciting retail offers.

More on the HSBC Premier Contactless Visa Debit Card .

Show more

 

£500 interest-free overdraft facility

To help you manage your current account cost-effectively, a £500 interest-free overdraft facility is available on request with no arrangement or return fees. Find out more about our Overdraft Service .

 

24/7 telephone banking

For everyday banking, you can call our 24 hour UK-based telephone banking service any time of the day or night.

Our dedicated team can answer any queries you may have and help you get the most from your account. If you simply want to check your available balance, pay bills, transfer money or get details of your recent transactions, you can do so quickly and easily via our automated service. Our 24-hour telephone banking service is subject to scheduled maintenance periods.

What's more, if you need to speak to Relationship Manager, our central team is available to help with your queries 8am to 8pm weekdays and 8am to 6pm on the weekends. Please note, to help us maintain our high quality of service, calls may be monitored and recorded.

Show more

 

Internet Banking

When you lead a busy life, Internet Banking is a real time-saver. It lets you make payments, pay bills and transfer money quickly, easily and securely, whenever and wherever you are.

You can access six years of statement history in just a few clicks. You can even choose to switch off your paper statements altogether and receive them electronically instead. Our secure service is subject to scheduled maintenance periods.

Show more

 

Mobile banking and text alerts

Our Text Banking service is an effortless way to keep an eye on your account as any information you request is sent straight to your mobile.
Smartphone owners can download HSBC Fast Balance for a quick and easy way to view your current account balance and last six transactions.

You can receive weekly or monthly mini-statements on the day of your choice, showing your balance and your five most recent transactions. You can also choose to receive text alerts for certain events, such as when your balance falls beneath a specified amount or when a lump sum has been deposited in your account. Text Banking is only available to UK residents. Text alerts are currently not available to residents of the Channel Islands and the Isle of Man.

Show more

Conditions

1 HSBC Premier Financial Advice is only available to UK residents who have at least £50,000 in savings and investments.

2 The exchange rate that applies to any foreign currency debit card payments (including cash withdrawals) is the wholesale market rate used by VISA applying on the day the conversion is made plus our foreign exchange charge, which is currently 2.75% of the applicable VISA wholesale rate. We will make the conversion and deduct the payment from your account once we receive details of the payment from VISA, at the latest the next working day. Details of the current wholesale market rates can be obtained by calling us on the usual telephone numbers. Some cash machine operators may apply a direct charge for withdrawals from their cash machines and this will be advised on screen at the time of withdrawal.