5 July 2021

HSBC UK student account offer launched

The account offer, which will help students prepare for uni life by enabling them to get essential items beforehand and help them settle in when they get there, will also provide them with important tools to get to grips with what is likely to be financial independence.

HSBC UK is offering students:

  • £80 in cash, to be transferred directly into the opened account;
  • A choice of either a £20 Uber Eats voucher, or a year of unlimited next-day delivery with ASOS Premier; and
  • A guaranteed £1,000 interest-free overdraft buffer in the first year, which could increase to £2,000 in year 2 and £3,000 in year 3.

HSBC UK has also developed a series of student guides that are available on its website to help newbies navigate their way around student life, budgeting at university, where money can be saved and also the ins and outs, and the potential costs of borrowing money.

Fiona Anderson, HSBC UK’s Head of Everyday Banking said: “The last couple of years have been tough for many people, but students have arguably had the toughest of times. Disruption to school-life, rescheduling and changes of  exam format, and even uncertainty over whether they will be able to attend university let alone what lectures and student life might look like, this has all added to what would already be a stressful time.”

Fiona Anderson added: “Hopefully in this new chapter in their life they will find all the stress and hard work of the last couple of years has been worth it. Getting to grips with their financial independence will also reduce some of the student life stresses. The student guides we have developed will give them some great advice, and our welcome offer of £80 cash and an extra to give them a fresh new look with savings on the cost of delivery, or a tasty takeaway treat to share with their new friends, will provide them with a nice little boost at this exciting time.”

Media enquiries to:

Steve Gracey, HSBC UK Media Relations | steve.gracey@hsbc.com | 020 7991 4118
Email: UKPressOffice@hsbc.co.uk

Note to editors:

Offer available to first year students on a qualifying course who open an HSBC Student Bank Account by 31 Dec 2021 and make 5 debit card transactions within the first month of opening. Account subject to status.

Uber Eats & ASOS Premier Delivery not available in all geographical locations. Further account and offer T&Cs apply.

A guaranteed £1,000 interest-free overdraft buffer is available in the first year, which could increase to £2,000 in year 2 and £3,000 in year 3, subject to status and account usage.


HSBC UK serves around 14.5 million customers across the UK, supported by 32,000 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 $2,959bn at 31 March 2021, HSBC is one of the world’s largest banking and financial services organisations.