29 December 2021

HSBC UK sees in 2022 with £150 current account switch offer

HSBC UK is giving current account switchers the opportunity to see in 2022 with a £150 cash boost, the bank announced today.

HSBC UK’s latest current account switch offer gives £150 in cash to new customers1 switching to an Advance2 or Premier3 current account and runs from 29th December 2021 until further notice.

Tom Wolfenden, HSBC UK’s Head of Retail Banking, said: “The new year is a great time to reflect on the previous year, whilst also looking ahead to the next. We can recalibrate our thoughts, reset our priorities and make resolutions. Very many peoples’ finances will have changed in some way over the last year or so, and reviewing your finances could be a good way to spend a couple of hours over Christmas and New Year. It could even make you £150 better off if you switch your current account to our HSBC Advance or Premier current accounts. Switching a current account is easy and our app and our smart money tools will help you keep an eye on your spending and stay on top of your finances during the new year.”

Media enquiries to:

Steve Gracey, HSBC UK Press Office: 020 7991 4118 / steve.gracey@hsbc.com

For the latest news and updates, visit the HSBC UK newsroom

Notes to Editors

1‘New to bank customers’ you can’t have had an HSBC current account or opened a First Direct current account since 1 January 2019. Where an eligible current account is a joint account, at least one of the joint account holders must complete the switch from either a sole account in their own name or another joint account in the same names.

Customers must use the Current Account Switch Service to start a full switch within 30 days of account opening with minimum 2 Direct Debits / Standing Orders, and pay in at least £1,500 within the first 60 days. Once a customer meets all eligibility criteria we’ll pay £150 into their account within 30 days. Offer may be withdrawn anytime. Terms and conditions and other eligibility criteria apply.

2To be eligible for an HSBC Advance Account, applicants will need to be approved for £1,000+ arranged overdraft.

3Conditions for an HSBC UK Premier Account include having an individual annual income of at least £75,000 and one of the following with HSBC UK: a mortgage, an investment, life insurance or a protection product; or within 6 months, having savings or investments of at least £50,000 with HSBC UK.


HSBC UK serves around 15 million customers across the UK, supported by 26,000 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 the HSBC Group, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, the Middle East and North Africa. With assets of US$2,969 billion at 30 September 2021, HSBC is one of the world’s largest banking and financial services organisations.