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HSBC Premier Family Accounts

Give your children a financial head start
A full life just got even fuller

Help your children manage their own money

Understanding and experiencing the value of money is a key life skill you can teach a child and an essential step for them to enjoy their own full lives. HSBC Premier provides specially designed bank and savings account to help you do just that.

  • Encourage children to save from the age of 7 with a Premier MySavings account and the experience of managing a current account from 11 years old with an HSBC Premier MyAccount
  • Premier MyAccount has a contactless debit card that allows them to withdraw up to £100 a day from cash machines in the UK and around the world, without being charged a cash withdrawal fee by HSBC* 
  • Your children’s accounts will be held in their name, but you’ll be able to check them for your peace of mind
  • Mobile, online and telephone banking from the age of 11
  • HSBC Premier Recognition Card, their Global Safety Net with access to the same emergency services you would receive abroad

 

*Some other cash machine operators may apply a direct charge for withdrawals from their cash machines and this should be advised on screen at the time of withdrawal. These transactions are subject to a non-sterling transaction fee, currently 2.75% of the amount of the transaction.

Apply for HSBC Premier MySavings:

To open a Premier MySavings for a child, you must be a Premier customer, for which certain financial and other criteria apply.

Apply for the HSBC Premier MySavings account

If you require assistance or information about Save to Grow please call 0800 085 2418

How to apply

For existing Premier customers, you can apply in branch or by phone by calling 0800 085 24181

New customers can apply in branch or by calling 0800 328 12962

For all calls from outside the UK please call: +44 1226 2602601

1Lines are open 24 hours a day, subject to scheduled maintenance periods.

2Lines are open 8am to 8pm weekdays and 10am to 3pm on Saturdays and Sundays (closed on Bank Holidays).

 

Brochures and key facts

HSBC Premier is subject to status. We'll review your account on a regular basis and if you no longer meet the qualifying criteria, we'll transfer your account to a Bank Account.

Account opening and credit is subject to status. All applicants are required to provide a passport or national ID card and proof of permanent residential address.

UK ring-fencing

In line with new UK banking rules, we're creating a separate ring-fenced bank called HSBC UK for our personal and commercial customers.

For more information, please visit: www.hsbc.co.uk/ringfencedbank

Important documents

Before applying, please take the time to read the following documents. You may also want to save them for future reference.

HSBC Premier eligibility criteria

 

HSBC Premier is available to you, if you pay your annual income into your HSBC Premier Bank Account and have either:

  1. savings or investments of at least £50,000 with HSBC in the UK; or
  2. an individual annual income of at least £75,000 and one of the following products with HSBC in the UK:  a mortgage, investment, life insurance or protection product.

 

Or if you’ve already qualified for HSBC Premier in another country.

Apply for an HSBC Premier Bank Account

If you meet the eligibility criteria above and are ready to enjoy the benefits of becoming an HSBC Premier customer, take the next step and contact us:

Apply by phone

Call us on 0800 328 1296

From outside the UK: +44 1226 260 260

Lines are open 8am to 8pm weekdays and 10am to 3pm on Saturdays and Sundays (closed on Bank Holidays).

Apply in branch

You can apply for the HSBC Premier Bank Account by visiting one of our branches. You’ll just need to bring some identification, proof of your address and a recent bank statement.

Existing HSBC customers:

 

Non HSBC customers:

Existing HSBC Premier customers

For more information or telephone banking, please call:

In the UK: 03457 707070

From outside the UK: +44 1226 260 260

Lines are open 24 hours a day, subject to scheduled maintenance periods.

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