Get £250 when you open and qualify for HSBC Premier

Current account switch guarantee logo

Getting your reward is as easy as 1, 2, 3

Step 1. Open an HSBC Premier Account as a new customer.
Step 2. Within 90 days, either:
  • Complete a full switch using the Current Account Switch Service with a qualifying salary of £100,000+ per year, which is typically £5,100 per month, or
  • Deposit and maintain £100,000+ in savings or investments with HSBC UK for the qualifying period
Step 3. Continue to meet all eligibility criteria and keep your account open and in good standing to receive your £250 reward, paid into your new Premier Account within 70 days.

How to get your £250 reward

Check whether you're eligible for a Premier Bank Account and can qualify for the reward.

Are you eligible for this offer?

  • You must be a UK resident aged 18 years old or over
  • You must not have held an HSBC UK or first direct current account on or after 1 January 2025
  • You must qualify for and open a new HSBC UK Premier Bank Account on or after 23 March 2026 (and before the offer is withdrawn)

How to qualify

Complete one of these qualifying actions within 90 days of opening your account:

  • Either complete a full switch using the Current Account Switch Service (CASS) from your existing current account, including paying in an individual annual salary of £100,000+ (typically at least £5,100 per month)
  • OR deposit and maintain £100,000 or more in savings and investments with HSBC UK

After you qualify

Your £250 reward will be paid into your new Premier account within 70 days, provided you meet all eligibility criteria and your account remains open and in good standing.

Need to know more?

Read through our frequently asked questions and the offer terms and conditions.

Up to £500 cashback with HSBC ISAs

Get up to £500 cashback when you deposit and / or transfer £20k or more in selected ISAs by 11 May. Eligibility and T&Cs apply.