Top reward: HSBC is again offering £200 for those who move from another bank to HSBC’s UK Advance or Premier Bank accounts
HSBC has reintroduced last winter’s top £200 current account switching offer.
The reward is for those who move from another bank to HSBC’s UK Advance or Premier Bank accounts using the Current Account Switching Service (CASS).
To benefit, new customers must set up at least two direct debits or standing orders.
Joiners must also start the switch within 30 days of opening their new account and deposit at least £1,500 into the account within 60 days. The £200 will then be paid within 20 days.
You must not have held an HSBC current account or opened a First Direct current account since January 1, 2020 to qualify.
Santander launched a £200 switching deal on January 23, but pulled it after an influx of new customers.