HSBC UK £220 switch offer

Open an HSBC Bank Account in the mobile app (sole account) and, within 60 days, make a full switch including 2 Direct Debits, pay in £2,000 and spend £500 on the debit card to get £220.

Bonus: £220
Best for: UK residents with no HSBC UK or first direct current account since Jan 1, 2023
Direct deposit?: Required
Time needed: ~60 days
Available in: GB
Expires: No stated end date

Direct deposit

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ApplyPublic link Application guide

We will never ask for your SSN, passport number or bank account number. Account applications are completed only on the bank's or provider's official website, never through this site.

Step-by-step help: what to prepare, form words explained, one-tap copy for common details.

Checklist

0 of 5 steps done

1.Tap Apply to open HSBC UK's official page and check the terms.
2.Open an HSBC Bank Account (sole account) in the mobile app.
3.Make a full switch through the Current Account Switch Service (CASS) — your old account is closed. The switch must include at least 2 Direct Debits.
4.Within 60 days, pay in £2,000 and spend £500 on the debit card.
5.Come back and tap “Bonus received”.

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FAQ

Who isn't eligible?

Anyone who has had an HSBC UK or first direct current account since Jan 1, 2023.

When does it end?

HSBC says it may be withdrawn at any time; there's no fixed end date.

Official source

Official terms page

Last checked: Nov 3, 2026

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HSBC UK £220 switch offer

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