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.
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
More guides on Finder
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first direct switch deal: December 2025
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RBS £175 switch deal: December 2025
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Club Lloyds switch deal: January 2026
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NatWest £175 bank switch deal: December 2025
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