HSBC UK Bank Switch Bonus & Offers
All active switch cash incentives, requirements, Direct Debit verdicts, and exclusion rules for HSBC UK.
Active HSBC UK Switch Offers
HSBC UK
Premium account
2 DD · £2,000 in · within 60 days
“2 active Direct Debits moved via CASS. Cheap DDs qualify as long as they are active and collecting.”
£500
Income requirement
HSBC UK
Standard account
2 DD · £2,000 in · £500 spend · within 60 days
“2 active Direct Debits must be moved via CASS. They need to be actively collecting — cheap DDs satisfy this.”
£220
Frequently Asked Questions: HSBC UK
Does HSBC UK require Direct Debits to claim the switch bonus?
Yes, current HSBC UK switch offers require at least 2 active Direct Debits registered on your account before initiating the switch.
Can I claim a switch bonus if I previously had an account with HSBC UK?
HSBC UK checks whether you have held an account or received a switch bonus from them recently. Always check official terms before applying.
Do 25p Direct Debits qualify for HSBC UK switch deals?
HSBC UK transfers all valid BACS Direct Debit mandates registered on your donor account via the Current Account Switch Service (CASS). 25p BACS mandates satisfy these criteria.
Essential Switching Guides
How CASS 7-day switches work & how to use donor accounts.
How 25p BACS mandates qualify without moving real bills.