HSBC Premier switch deal: October 2025

Learn what you need to do to get £1,000 in cashback.

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By

Kate Steere

Edited by

Liz Edwards

Updated

Fact checked

HSBC has launched a welcome offer for new HSBC Premier Bank Account customers. You can get £1,000 in cashback when you open, hold or upgrade to an an HSBC Premier account and invest £100,000 or more into eligible 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.

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How much will you get?

If you open, hold or upgrade to an HSBC Premier Bank Account and invest £100,000 or more into eligible products by 15 December 2025, you’ll receive £1,000 cashback by 31 January 2026.

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, between 15 October and 15 December 2025 you must invest £100,000 or more into one or more eligibile products. You’ll only receive cashback on new funds, not ones that are already held in an investment account with HSBC or first direct.

When the offer ends

You need to have opened the account and invested £100,000 or more by 15 December to qualify for the cashback.

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.
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To make sure you get accurate and helpful information, this guide has been edited by Liz Edwards as part of our fact-checking process.
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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 172 Finder guides across topics including:
  • Banking
  • Savings
  • Fintech
  • Credit
  • Payments
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