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HSBC Bank Account

A simple everyday current account

HSBC debit card

Convenient everyday banking

Easily manage your everyday finances wherever you are, online, on your mobile or by phone. Our Bank Account makes it simple to check your balance, pay bills and send money to family and friends.

Open an account today

It's quick and easy to apply online.

How to apply
Current Account Switch Guarantee logo

If you're an existing customer with an overdraft, you can log on to online banking and manage your current arranged limit.

At a glance

  • Manage your money when you want

    Our phone, online and mobile banking services are there for you 24 hours a day, every day of the year.1

  • Withdraw up to £300 a day

    Get hold of your money when you need it.

  • Enjoy peace of mind with an arranged overdraft

    You can apply for one when you open your account, giving you a handy safety net in case you ever need it. Overdrafts are subject to status.

  • Get help day or night

    If you need a hand we're always here to help. Online, on our app, by phone and in branch.1

  • Pay bills and friends with ease

    Set up new payees, standing orders and direct debits in moments with our app.

  • Earn 1.00% AER7/gross on your savings

    Build up your savings pot with our Regular Saver3. You can save between £25 to £250 each month and earn 1.00% AER/gross.6

Take a closer look

Easy mobile banking

Controlling your finances is simple with our Mobile Banking app.2 Make payments, pay in cheques with a photo, block or unblock your card. You can do it all in moments.

Get your financial fitness score

Check out our financial fitness tool to find out what kind of shape you’re in. Answer some quick questions to get your score and tips on how to improve. 

Exclusive offers

Access worldwide offers and discounts on everything from savings on clothing to exciting days out. We’re constantly updating our offers, so they may vary as new ones come in. 

Things to know before you apply

Ready to apply? Before you do, there are a couple of things you should check you're happy with.

About your optional arranged overdraft 

When you open this account, you'll have the option to take out an arranged overdraft.

An arranged overdraft allows you to borrow money (up to an agreed limit) if there’s no money left in your account. This can be useful if you're hit with an unexpected bill, for example.

If a payment would take you past your arranged limit (or if you don’t have one), we may let you borrow using an unarranged overdraft. There's a chance that payments you try to make using an unarranged overdraft may be declined. However, we'll always try to allow essential payments if we can. 

You can apply for an arranged overdraft when you open your account, or at any time later. You can ask to increase, remove or reduce your limit at any time in online or mobile banking, by phone or in-branch. Your new limit can't be less than what you owe.

We report account activity, including overdraft usage, to credit reference agencies. An unarranged overdraft lasting more than 30 days could have a negative impact on your credit rating.

This account comes with a £25 interest-free buffer. If you go overdrawn by more than that, you'll need to pay interest on the amount you borrow at the rate shown.

Overdrafts are designed for short-term borrowing only and are subject to status.

Overdraft text alerts

If we’ve got your mobile number, we’ll send you an SMS text alert if you’ve gone overdrawn or we know you’re about to. These alerts are designed to help you manage your overdraft usage and avoid being charged interest.

You can opt out of overdraft text alerts by calling us or asking us in-branch – but remember you’ll be opting out for all your current accounts with us. If you opt out or we don’t have an up-to-date number for you, you could end up paying interest you might otherwise have avoided.

What are the overdraft charges for this account?

Representative example: 0% EAR (variable)4 on the first £25, 39.9% EAR (variable) on anything above that, giving a representative annual percentage rate (APR) of 38.9% APR (variable)5. Based on an arranged overdraft of £1,200.

How does our overdraft compare? The representative APR shows the cost of borrowing over a year, so you can use it to compare the cost of our overdraft against other overdrafts and ways of borrowing.

The monthly cap on unarranged overdraft charges for the HSBC Bank Account is £20. Further details can be found online at our Overdrafts page.

To find out more, visit our Overdrafts page, where you can find out if you’re eligible for an arranged overdraft and use our overdraft cost calculator.

Who can apply?

You can apply for an HSBC Bank Account if you:

  • are 18 or older and live in the UK or EU
  • are happy for us to do a credit check against your name (if you live in the UK)
  • can provide ID and proof of address if needed
  • are able to provide proof of your address for the last 3 years, your employment details and your income details. Here’s a list of documents that we accept.

How to apply

Please make sure you read the important information in the 'Things you should know' section before applying.

Apply online

Apply for your account online in minutes. We’re busier than usual at the moment, so it may take longer to process your application. No need to contact us, we'll be in touch soon.

Apply in branch

It's usually quickest to apply online, but if you're having trouble with your application, we're here to help - just head to our contact us page.

International Student?

This is the right account for you

Already have a current account?

Find out how to make your current account work harder. Access discounts, overdrafts, and savings accounts with preferential rates. There’s something for everyone.

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How to switch current accounts

 

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Additional information 

1. Our telephone, online and mobile banking services are open 24 hours a day subject to scheduled maintenance periods. To help us offer the best service, we may monitor and/or record your calls with us. Back to 'At a glance'

2. Our mobile banking app is currently available on iPhones and iPads running on iOS 12 or higher and Android devices with an operating system of 5.0 or higher. Back to 'Easy mobile banking'

3. The fixed rate of 1.00% AER/gross over 12 months is available to HSBC Bank Account customers who open a new Regular Saver account. Save between £25 and £250 per month by standing order from your HSBC 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 balance on your Regular Saver and we’ll pay this into your Regular Saver on the anniversary of your account being 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 1.00% you would earn approximately £16 interest (gross). Partial withdrawals are not allowed during the 12 month term. If you close your Regular Saver before the anniversary, we’ll pay interest at the same rate as we would apply to an equivalent amount held in our Flexible Saver account. You can only hold one Regular Saver account at any time. AER stands for Annual Equivalent Rate. This shows what the gross rate would be if interest was 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. Back to 'At a glance'

4. EAR (Effective Annual Rate) takes account of the interest rate, the compounding of interest and how often interest is charged. It doesn’t include any other fees or charges. Back to 'Overdraft charges' 

5. APR (Annual Percentage Rate) is the rate at which someone who is borrowing money is charged, calculated over a period of 12 months. It takes into account not just the interest, but also any other charges that may have to be paid and any interest-free amount. Back to 'Overdraft charges' 

6. Subject to status and account conduct. Back to 'At a glance'

7. AER (Annual Effective rate) takes account of the interest rate, the compounding of interest and how often interest is charged. It doesn’t include any other fees or charges. Back to 'At a glance'

Customer support

 
It's easy to answer your query online. Visit our Help page to find out how.