5 January 2026

HSBC UK offers up to £750 cashback for new customers who sign up for their Premier account

HSBC UK has launched an incentive for new Premier customers, offering up to £750 cashback to those who, from today, open an account and move their salary and/or savings to the bank.

Under the Bring More, Get More offer, new customers can earn £250 for switching a salary of £100,000+, and £500 for transferring £100,000+ in savings or investments to a HSBC Premier account. Customers who do both are eligible to receive the full £750, as long as they make the move to a Premier account between the 5^th January and the 23^rd February 2026.

The move reflects HSBC UK’s focus on rewarding customers who choose Premier as their main bank account, combining everyday banking with savings, investments and relationship-led support.

Carl Watchorn, Head of Premier Proposition at HSBC UK, said: “We know people want their banking to work harder for them, particularly when they’re managing higher incomes alongside substantial savings and investments. HSBC UK Premier is designed to meet all of a customer’s financial needs in one place, offering seamless everyday banking alongside tailored support for longer-term wealth planning.”

“This offer is our way of rewarding new customers who choose to bring their finances together with us. By consolidating accounts and accessing Premier services, customers can take advantage of enhanced benefits while we continue to explore new ways to help them grow and invest their wealth.”

Beyond the incentive, HSBC UK Premier is a full-service banking proposition designed to help you maximise your financial portfolio, whether that is through preferential ISA and savings rates or guidance when diversifying your investments.

Premier customers also have exclusive access to a range of perks, including global account access, travel and lifestyle benefits, and exclusive rewards:

Premier Health:

Gain a range of health benefits and services, provided by Square Health (Individual terms and conditions apply)
Access digital GP appointments, mental health support, plus second opinions for you and your family

Premier Travel, International and Lifestyle:

Free worldwide travel insurance remains in place for the whole family and includes cover for dependents traveling with you up to age 23
Preferential rates on foreign exchange and international payments
Customers also have access to a range of new Premier offers in the rewards and benefits hub in the HSBC mobile app (Individual T&Cs apply)

Premier Wealth:

Plan for your future with support from a team of wealth specialists (fees and eligibility apply)
Benefit from a range of preferential rates on loans, mortgages and savings

An even more premium service: the HSBC UK Premier team are now here to help 24/7 via chat or telephone, while eligible customers also have access to relationship management, tiered according to their level of investments

To qualify, new customers must do one or both of the following by 30 April 2026, to be eligible for the offer:

Complete a full switch of your existing current account to your newly-opened Premier Account using the Current Account Switch Service (CASS) (allow at least 10 days for your switch to be fully completed). This includes paying in your main monthly salary of £100,000 or more per year into your Premier Account directly from your employer.
Pay in £100,000 or more in savings or investments with HSBC and keep this balance for three months.

Cashback is paid directly into the Premier account within 70 days once the criteria are met.

Media enquiries to:

Emily Craig Emily.Craig@hsbc.com

Email: UKpressoffice@hsbc.co.uk

Notes to editors:

HSBC Premier Bring More, Get More Offer Terms and Conditions:

Get up to £750 when you switch to HSBC Premier

Who’s running the Offer?

HSBC UK Bank plc (referred to in these terms and conditions as “HSBC”, “we”, “us”, or “our”) is the promoter of this offer

What is the Premier Bring More, Get More Offer?

This offer rewards eligible new customers who open an HSBC UK Premier Bank Account (referred to in these terms and conditions as a “Premier Account”)
Eligible customers can get up to £750 in reward payments under this offer by following one of the steps below: a. if you switch your salary to your new Premier Account, you’ll get £250. b. if you bring your savings or investments to HSBC, you’ll get £500. c. if you bring both your salary to your Premier Account and savings or investments to HSBC, you’ll get £750
These terms and conditions lay out the full eligibility criteria for this offer. By taking part in the Premier Bring More, Get More offer, you’re agreeing to these terms and conditions. Remember the HSBC Personal Banking Terms and Conditions and Charges apply for HSBC UK Premier Bank Account holders

How do I qualify for this offer?

Be 18 or over
Apply for a Premier Account between 5 January 2026 and 23 February 2026 Useful information for you For more information about the Premier Account, including the eligibility criteria, visit hsbc.co.uk/premier
Once your new Premier Account is open, to be eligible for the offer you must do one or both of the following by 30 April 2026: a. complete a full switch of your existing current account to your newly-opened Premier Account using the Current Account Switch Service (CASS) (allow at least 10 days for your switch to be fully completed)
This includes paying in your main monthly salary of £100,000 or more per year into your Premier Account directly from your employer. b. pay in £100,000 or more in savings or investments with HSBC and keep this balance for three months. For more information on CASS and a list of participating Banks and Building Societies visit currentaccountswitch.co.uk

You don’t qualify if:

You’re an existing HSBC UK or first direct current account holder on 5 January 2026 or have applied for an account prior to this date
You have received any other HSBC UK joining incentive since 1 January 2025
You’re not a UK resident
You’re not eligible for a Premier Account

How and when will I be paid?

After meeting the offer criteria, the cash reward will be paid in GBP into your new account within 70 days of you qualifying. For example: a. If you qualify on the basis of salary and complete a full CASS switch, including your main monthly salary, on 10 January, you will receive your £250 reward on or before 21 March 2026. b. If you qualify on the basis of savings and investments on 10 January, you will receive your £500 reward on or before 19 June 2026 (after maintaining your balance for three months)
This offer is valid once per person. If you have a Joint Account, you can only get one of each reward between both account holders. There won’t be a separate payment for each account holder. Similarly, if you have a sole Premier Account but share joint savings or investment accounts, you can only receive one reward between both account holders
The reward will only be paid if you remain an eligible Premier Account customer with an open account in good standing that is not restricted or suspended at the time of the reward

HSBC UK

HSBC UK serves over 15 million active customers across the UK, supported by 23,800 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 UK is a ring-fenced bank and wholly-owned subsidiary of HSBC Holdings plc.

HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves  customers worldwide from offices in 57 countries and territories. With assets of US$3,234bn at 30 September 2025, HSBC is one of the world’s largest banking and financial services organisations.