HSBC Advance Account
No monthly account fee
5% AER/Gross with our Regular Saver1
Exclusive access to discounts and offers through the Advance members portal
Access your accounts where ever and when ever you need to with our Mobile Banking app
Switch your current account in a simple, reliable and stress-free way in only 7 working days.
Apply for an HSBC Advance Bank Account today:
How HSBC Advance can help you
All the services our standard bank account offers plus:
Preferential rates and terms
An account that rewards you
- Exclusive access to discounts and offers through Advance Members
Helpful HSBC services and support
- Dedicated Advance specialists available to answer your questions 24/7
- £500 daily ATM cash withdrawals6
- A minimum arranged overdraft offer of £1,000 at account opening
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Apply for an HSBC Advance Bank Account
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New to HSBC
Existing HSBC customers
Existing customers must apply by phone or in branch.
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Things you should know
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Terms and conditions
1The fixed preferential rate of 5% AER/gross over 12 months is available to HSBC Advance customers, who open a new Regular Saver account. Save between £25 and £250 per month by standing order from your HSBC Advance Bank Account for a fixed term of 12 months. If you do not save £250 in any given month you can carry over any unused subscription to following months. Interest is calculated on the daily cleared balance on your Regular Saver and we will pay this to your Regular Saver on the anniversary of the date your account was opened. For example, if you saved £250 every month for 12 months a total of £3000 will be paid in to your account during the 12 month term. At 5% you would earn approximately £81 interest (gross). Partial withdrawals are not allowed during the 12 month term. If you close your Regular Saver before the anniversary, we will pay interest at the same rate as we would apply to an equivalent amount held in a Flexible Saver. You can only hold one Regular Saver at any given time. AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year. All credit interest will be paid gross. Gross is the rate of interest if interest were paid and not compounded each year.
4As compared to our Bank Account and Bank Account Pay Monthly.
5Subject to status and account conduct.
6The HSBC Global Transfer exchange rate will apply to any transfer that requires a currency exchange.
7Our Personal Loans are subject to status and account conduct. Loan applicants must be UK, Channel Isles or Isle of Man resident aged 18+ and have an annual income/pension before tax of £10,000 or more. The rate you pay depends upon a credit assessment of your personal circumstances and the loan amount; this may differ from the rate advertised.
8Some cash machine operators may apply a direct charge for withdrawals from their cash machines. This will be advised at the time of the withdrawal.
Using your Debit Card outside the UK: The exchange rate that applies to any debit card payments in a foreign currency (including cash withdrawals) is the Visa scheme exchange rate used by VISA on the day the conversion is made plus a Non-sterling transaction fee, which is currently 2.75% of the transaction amount (and for cash withdrawals a Cash Fee of 2% of the cash withdrawal (minimum: £1.75, maximum: £5)). 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 Visa scheme exchange rates are available at www.visaeurope.com.
Our telephone, online and mobile banking services are open 24 hours a day subject to scheduled maintenance periods. During busy periods calls may be transferred outside the UK. 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.
*Offer available to all HSBC UK current account customers – one British Cycling Fan Membership per customer worth £24 with ability to upgrade to other membership options at additional cost . To redeem the offer, membership must be activated by 31 December 2019. T&Cs Apply. Find out more.