HSBC UK

Switch to HSBC Bank Account

up to £220

No end date (can be withdrawn anytime)

How You Get Paid

1
£220Switch bonus
Within 60 days: complete CASS switch with 2 active DDs, deposit £2,000, AND spend £500 on debit card
Paid within 60 days of meeting all criteria

Full Requirements

Full CASS switch required
Your old account will be closed. Direct Debits and standing orders are moved automatically.
2 active Direct Debits must be movedYes
A 30p Direct Debit qualifies for this — no need to move a real bill.
2 active Direct Debits must be moved via CASS. They need to be actively collecting — 25p Direct Debits satisfy this.
Deposit £2,000 within 60 days
Can be split across multiple payments as long as total reaches the minimum.
Spend £500 on the debit card
Must be completed within 60 days.
Complete within 60 days
All requirements must be met within this window from account opening.
Not available if you received a bonus from this bank in the last 48 months

Full Terms Summary

Must open account via the HSBC mobile app. Full CASS switch required including 2 active Direct Debits. Within 60 days: deposit at least £2,000 AND spend at least £500 on the linked debit card. Not available if you held an HSBC or first direct account since 1 January 2023. Joint accounts and Basic Bank Accounts excluded.

Read official terms at HSBC UK →I'm switching to this →

Change Log

01/09/2026 — Verdict note: 2 active Direct Debits must be moved via CASS. They need to be actively collecting — cheap DDs satisfy this. → 2 active Direct Debits must be moved via CASS. They need to be actively collecting — 25p Direct Debits satisfy this.

SwitchBonus sources terms from official bank websites and cross-references community reports. Always verify current terms directly with HSBC UK before applying. We are not a financial adviser.