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HSBC UK Offers Up to £750 to Lure New Premier Customers in Switch Drive

Rewards hinge on £100,000 income or asset transfers completed via CASS within set deadlines.

Overview

  • The promotion runs for new HSBC Premier openings from January 5 to February 23, 2026, with all qualifying steps due by April 30.
  • Customers earn £250 for paying a main salary of at least £100,000 into Premier and £500 for moving £100,000 or more in savings or investments.
  • Transferred savings or investments must be maintained for three months to secure the £500 element, with both actions yielding the full £750.
  • Eligibility requires completing a Current Account Switch Service move and having employer salary paid directly into the Premier account.
  • Cashback is paid into the account within 70 days after HSBC confirms eligibility, as the bank also underscores a pledge to keep 327 UK branches open until at least 2027 with £55.8 million of investment in 2026.