Your interest–free overdraft
Up to £1,500 in the first year after graduation.
Up to £1,000 in the second year after graduation.
It can take some time to shake off student debt. Therefore we don’t charge interest on overdrafts up to £1,500 in the first year after graduation. This amount reduces to £1,000 in your second year subject to status and account conduct. If your overdraft balance exceeds your annual interest-free entitlement, the balance in excess of this will attract debit interest; for details check our price list.
Banking on the move
In association with Monitise you can access your HSBC account in real time from a compatible mobile phone.
- Free registration
- Free balance enquiries
- Free mini-statements
24–hour access to your money
Use Internet Banking to easily access your account 24 hours a day.*
Wherever you are in the world, just log on to check your balances, make payments, transfer funds, manage Direct Debits and standing orders – even update your details when you move house.
*Subject to scheduled maintenance periods
Regular Saver
Make the most of your money with one of our highest earning savings accounts.
Identity Theft Assistance
In association with PrivacyGuard® you'll get:
- An online risk assessment tool and advice to help you reduce your risk.
- A telephone line to help you in the event of identity theft.
- One free online credit report per year to check your status and identify unauthorised activity in your name.
Graduate Loan
Starting a new career or moving to a new place can be expensive. Whether you need to cover the deposit for renting a property or just want to get your finances in order, you could be eligible to borrow up to £25,000.
Subject to status and account conduct you will be able to apply for a Graduate Loan up to five years after the date of your graduation.
Preferential interest rate, representative 6.9% APR for loans between £5,000 and £25,000.
Repayment terms up to eight years for loans of over £15,000.
Using your HSBC Bank Debit Card
You can use your debit card to pay for goods and services at home and abroad** in shops, restaurants, etc.
**General: 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.
Cash Machines: There is an ATM transaction fee currently 2% (minimum £1.75, maximum £5.00) for withdrawing cash at cash machines overseas. HSBC Advance (Graduate) Bank Account customers can make withdrawals at cash machines overseas free of ATM transaction fees from HSBC and will therefore not pay this fee. We will deduct the amount of the transaction fee from your account once we receive details of the payment from the card scheme, at the latest the next working day. 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.
Shops and retailers: There is no transaction fee for using your debit card to pay for goods and services overseas.
