SwitchBonus
HSBC UK

Switch to HSBC Premier Account

up to £500
No end date (can be withdrawn anytime)

How You Get Paid

  1. 1
    £500Switch bonus

    Complete CASS switch with 2 DDs, meet Premier eligibility, and deposit £2,000 within 60 days

    Paid within 60 days of meeting criteria. Premier account also includes worldwide travel insurance, emergency cash worldwide, and a 5% linked saver.

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 moved
    Cheap DD verdict:Yes

    2 active Direct Debits moved via CASS. Cheap DDs qualify as long as they are active and collecting.

  • Deposit £2,000 within 60 days

    Can be split across multiple payments as long as total reaches the minimum.

  • Complete within 60 days

    All requirements must be met within this window from account opening.

Full Terms Summary

Requires HSBC Premier eligibility: £100,000+ annual income OR £100,000+ in HSBC savings/investments (or equivalent mortgage). Full CASS switch required with at least 2 active Direct Debits. Deposit at least £2,000 within 60 days. Not available if you held an HSBC or first direct account since 1 January 2023. Includes worldwide travel insurance, emergency medical assistance, and access to a 5% linked regular saver.

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.