This enhanced time-limited offer is due to run for three weeks from Monday 19 April to Sunday 9 May 2021.

The Uber Eats voucher offers a £20 discount on items including delivery charges. It can be used by both new and existing Uber Eats customers and in conjunction with other Uber Eats promotions.

To get the cash, customers must use the Current Account Switch Service (CASS) to complete a full current account switch including at least two direct debits or standing orders.

The deal is open to anyone who hasn’t had a HSBC or First Direct current account since 1 January 2018. Customers will receive information on how to redeem their £20 Uber eats voucher within 20 days of the switch completion. The reward must be claimed within 30 days of that email.

Fiona Anderson, HSBC UK’s Head of Everyday Banking, said: “Thanks to the recent easing of the lockdown measures, we have more options to safely meet with friends and family in our garden, so whether you decide to invest the £125 cash in your own barbecue and do it yourself, or use the £20 Uber Eats voucher for a timely food delivery, this could be a great way to help celebrate with your nearest and dearest.”

HSBC re-launched its switching incentive in February.

Account eligibility

To be eligible for HSBC’s Advance Account you’ll need to pay in at least £1,750 a month into the account, or a minimum of £10,500 every six months. This money can’t include money transferred from any other sole or joint personal accounts held with HSBC.

To be eligible for HSBC’s Premier Account you’ll need an individual annual income of at least £75,000. You’ll also need to hold one of the following with HSBC: a mortgage, or an investment, life insurance or protection product. Alternatively, you’ll need at least £50,000 in savings or investments with HSBC UK.

Account perks

As well as £125 and a £20 Uber Eats voucher for switching accounts, HSBC Advance or Premier account customers benefit from savings on shopping through HSBC UK’s ‘Home And Away’ offers site, with offers including Costa Coffee, ASOS, and Not On The High Street.