HSBC Premier switch deal: February 2026

Learn what you need to do to get £750 for switching your account.

Kate Steere's headshot

By

Kate Steere

Edited by

Liz Edwards

Updated

Fact checked

HSBC switch deal update

HSBC’s switching offer has now ended. The information below is for reference only. For switching deals available now, make sure to check out our switching deals guide.

HSBC has launched a new £750 switching deal for HSBC Premier Bank Account customers. You can get £250 when you open an HSBC Premier account and switch your bank using the Current Account Switch Service. You can then get a further £500 if you transfer £100,000 or more into eligible savings or investment products.

HSBC Premier is not an account for everyone, so only a select few will be able to take advantage of this offer. For a full list of switching deals on the market, you can visit our switching deals guide.

Winners | Emails | Unsubscribe | Privacy

How much will you get?

If you open an HSBC Premier bank account by 23 February 2026, and switch your bank account and salary of £100,000 or more using the Current Account Switch Service by 30 April, you’ll receive £250. Then you can get a further £500 if you transfer £100,000 of savings and investments and maintain your balance for 3 months.

Who can get this deal?

This deal is available for UK residents aged 18+. You’ll need to be eligible for the HSBC Premier Account. That means you’ll need to meet one of these criteria:

  • You have an individual annual income of at least £100,000
  • You have savings or investments of at least £100,000 with HSBC in the UK
  • You already qualify for HSBC Premier in another country

To qualify for the offer, your main monthly salary must be paid directly from your employer as a single credit and you must meet the full Premier eligibility criteria.

The exclusions

You won’t receive the bonus if you were an existing HSBC UK or first direct current account holder, or if you have received an HSBC UK joining incentive since 1 January 2025.

When the offer ends

You need to have opened the account by 23 February 2026 and made your switch by 30 April 2026.

Alternative offers

If this offer is not for you, we also have a guide displaying current banking switching deals on the market and also other banking offers such as refer-a-friend offers and more.

Sources

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
Hide
Winners | Emails | Unsubscribe | Privacy
Liz Edwards's headshot
To make sure you get accurate and helpful information, this guide has been edited by Liz Edwards as part of our fact-checking process.
Kate Steere's headshot
Written by

Editor

Kate Steere is an editor and money expert at Finder, specialising in banking, savings and fintech. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run. See full bio

Kate's expertise
Kate has written 170 Finder guides across topics including:
  • Banking
  • Savings
  • Fintech
  • Credit
  • Payments
More resources on Finder

More guides on Finder

Go to site