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HSBC launches £110 switching offer

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HSBC is offering new customers who switch to an Advance or Premier current account a £110 cash bonus.

In addition to the lump sum, they will also be given £30 worth of either Uber Eats or The Dining Out Gift Card vouchers, valid for six months.

To qualify for the incentive, switches must be made using the Current Account Switch Service and a minimum of two direct debit or standing orders must be set up on the new account.

Advance account holders must pay at least £1,750 a month into the account each month, or a minimum of £10,500 every six months, while Premier customers must have an annual income of at least £75,000 and one of the following with HSBC UK: a mortgage, an investment, life insurance or a protection product; or savings or investments of at least £50,000 with HSBC UK.

Fiona Anderson, HSBC UK’s head of everyday banking said: “We know that customers valued the Uber Eats element of our last switching offer, so we have decided to broaden it. In addition to £110 in cash, customers who want to stay at home have the opportunity to order a meal in for themselves or to share with family or friends, but we are now also offering those who want to eat out and meet up with friends or family that opportunity, with over 1,600 locations to choose from.

“With our Uber Eats voucher and The Dining Out Gift Card being valid for six months after the account opens, customers can even use the offer to help celebrate Christmas, if they can wait that long to take advantage.”

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