Bank Switching Bonuses > HSBC Premier
£750 for switching to HSBC’s Premier Account
HSBC were offering £500 in Selfridges vouchers last year but have upped the amount again and seem to be paying cold hard cash now!
There is a pretty big catch, though…
Stage 1: First £250
Open a new HSBC Premier current account and switch another current account into it using the Current Account Switch Service by 23 February 2026.
You will need to have an annual salary of £100,000+ in order to open the account, there must be receipt of your salary paid into this account to trigger the bonus.
Stage 2: Remaining £500
Transfer £100,000+ of savings or investments into your HSBC Premier account products and maintain the balance for 3 months.
You will receive an additional £500 cashback by 30 April 2026 provided the above is met.
Ineligible if:
You don’t earn £100,000+ nor have savings of £100,000+
You already hold an account with HSBC or FirstDirect
You received a switching incentive from HSBC since 1 January 2025