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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.

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-£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 you should know before applying

Please read the information below before applying for your account.

Overdrafts and unarranged overdrafts

An overdraft lets you borrow money on your current account. An arranged overdraft is where we agree an overdraft limit with you. This can help in months when you have extra expenses. 

An unarranged overdraft is when you make a payment that takes your account over your arranged limit or overdrawn when you don’t have an arranged overdraft in place.

We’ll always consider an unarranged request and make the payment if we can. Unarranged overdrafts may result in declined transactions. 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.

Overdrafts are not suitable for long-term borrowing and usually result in interest.

If you take an arranged overdraft, you can later ask us to increase, reduce or remove your limit at any time online, by phone or in a branch. 

If you end your overdraft you’ll have to repay any overdrawn amount and any interest owed. If you want to reduce your limit, you’ll first need to make sure you bring your borrowing down within the new limit.

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

Overdraft charges

When you open your account, you can apply for an arranged overdraft. The first £25 is interest free. Anything you borrow above that but within your arranged or unarranged overdraft limit will be charged interest at 39.9% EAR4.

If you go over your arranged overdraft limit, you’ll be charged interest at 39.9% EAR variable on any amount over the limit, up to a maximum of £20 a month. This is known as using an ‘unarranged overdraft’. 

We have some tools to help you avoid going over your arranged overdraft. As long as you've given us your mobile number, we'll send you a text alert if a payment is going to take you into an unarranged overdraft. We'll also send you a text alert if there isn’t enough money available in your account to make a payment.

Representative example: 0% EAR variable on the first £25, 39.9% EAR variable on anything above that, giving a representative rate of 38.9% APR5 variable (assumed arranged overdraft £1,200).

Overdrafts are subject to status.

Overdraft text alerts

We’ll send you overdraft text alerts if you’ve used or are due to use an arranged or unarranged overdraft on your account. This is to help you monitor your usage and let you know what action you can take to avoid interest.

If you don't provide your mobile number or let us know when you've changed it, we won't be able to send you these text alerts.

You can opt out of the arranged or unarranged texts at any time by phone, or by going into a branch.

Opting out of alerts may mean you incur avoidable costs. If you choose to opt out of text alerts, this will apply to all personal current accounts you hold with HSBC UK.

Charges for using your debit card abroad

If you pay for something using your HSBC Visa debit card while you’re outside the UK, you’ll need to pay a ‘non-sterling transaction fee’ of 2.75%. So, for example, if you spent £100, you'd be charged a fee of £2.75.

If you withdraw money from an ATM, you’ll also need to pay a ‘cash fee’ of 2% (minimum £1.75, maximum £5) as well as the non-sterling transaction fee. So if you took out £100, you’d be charged a total of £4.75.

Any transactions you make will be converted into pound sterling (unless you choose to pay in local currency). To make sure your exchange rate is as competitive as possible, you’ll pay the exchange rate set by Visa

More about using your card abroad

Who can apply?

You can apply for an HSBC Bank Account if you:

  • are 18 or older and a UK or EU resident
  • 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

Our branches are offering a limited service because of coronavirus. We aren’t offering our HSBC Bank Account in branches at the moment.

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.

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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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Switching is easy and can be done in just 7 days. Find out how it works.

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'

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