This offer runs from 9th May and is available alongside a separate offer which provides 6 months’ cashback on HSBC UK’s innovative ‘mix and match’ insurance offer, Select and Cover, worth an additional £117.
Tom Wolfenden, HSBC UK’s Head of Retail, said: “Recent HSBC UK *research showed that the increase in the cost of living is starting to bite, with a significant increase in those who say they have no disposable income but are taking proactive steps to balance the household budget.
“Eight in ten people are looking to implement additional changes to those they have already put in place, which shows people are trying to get a grip on their finances. While cutting back on everyday and occasional spending or cancelling any unwanted or unused subscriptions could help, taking note of the wide range of offers that could provide discounts or even cash, could make your money go further or go a little way to reducing the impact of the increase in the cost of living.”
On top of the new £170 switching offer and the ‘mix and match’ insurance offer, HSBC UK has five useful tools available to help support people with the increase in the cost of living:
HSBC UK’s Head of Retail
Note to editors:
|Policy||HSBC Select And Cover including Travel, Mobile and Motor Breakdown||Post Office – Premier Cover Travel Insurance||Mobile - Protect Your Bubble (3 gadgets inc loss)||Motor Breakdown – AA Family breakdown cover|
|Saving per year||(£364.37 + £245.88 + £259) £869.25 - £234 = £635.25 saving|
About HSBC UK
HSBC UK serves over 14.75 million customers across the UK, supported by 24,000 colleagues. HSBC UK offers a complete range of retail banking and wealth management to personal and private banking customers, as well as commercial banking for small to medium businesses and large corporates.
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$3,022bn at 31 March 2022, HSBC is one of the world’s largest banking and financial services organisations.