HSBC re launches its £125 current account switching offer

9 Feb, 2021

HSBC UK is offering £125 in cash to those switching to its Advance or Premier current accounts, the bank announced today. By utilising this and the bank’s other benefits, customers could easily be hundreds of pounds better off.

A cash offer of £125 to new customers who switch to an Advance or Premier current account, comes into effect on the 8th February. 

Those customers who switch to HSBC UK could enjoy benefits including:

–        £125 when they switch to an HSBC Advance or Premier Bank Account, using the 7 day Current Account Switch Service;

–        Significant savings on shopping through HSBC UK’s ‘Home And Away’ offers site, with new offers recently added including Costa Coffee, ASOS, and Not On The High Street; and

–        £40 cashback, ROCKit S wireless ear buds worth £90, or a night away if they take out ‘Pick and Mix’ insurance through our innovative Select And Cover insurance.


Fiona Anderson, HSBC UK’s Head of Everyday Banking, said: “For many millions of people, 2020 was a defining year, whether as result of home schooling, changes to working patterns or financially. We have already seen that 2021 will be unpredictable too, but there is light at the end of the tunnel and we all hope we can return to some kind of normality sooner rather than later.

“We know that health and money are the two most common subjects people have been thinking about during the pandemic and while we are in the midst of this lockdown, we might be able to provide a little financial boost for those switching their banking to us, with £125 on offer for switching to our Advance or Premier current accounts.

“There are plenty of additional benefits through HSBC UK that can save customers money, whether it’s by using our handy financial fitness tool and supporting guides to assess and improve your financial health, enabling people to save while they spend with our Home and Away offers, as well as a free gift or cashback when taking out insurance with our innovative Select And Cover insurance. All in all, you could earn or save yourself hundreds of pounds, which could come in really handy at this challenging time.”