Get £200 when you switch and stay with HSBC Advance Current Account
New customers who open an HSBC Advance Bank Account will get £150 when using the Current Account Switch Service
Get an extra £50 after 12 months, just for staying with us*
Plus get a 6 month interest and fee free overdraft
To be eligible for HSBC Advance customers will need to pay in a minimum of £1,750 per month
No monthly account fee 24/7 customer service £500 daily ATM cash withdrawals Contactless debit card (subject to status) 5% AER/Gross with our Regular Saver*1 £250 off booking fees on our Standard mortgage range*2 Your home may be repossessed if you do not keep up repayments on your mortgage. A minimum overdraft offer of £1000 at account opening*3 Access to HSBC Share the Experience Programme.
10% interest cashback on loans*4Representative
3.3% APR for loans between £7k‑15k over 1-5 years Preferential Overdraft Interest
Rate*5*6Representative Example: 17.9% EAREAR is Effective Annual Rate. This takes account of the interest rate and how often interest is charged, and does not include any other fees or charges Worldwide ATM cash withdrawals without HSBC non-sterling cash fees*7(A non-sterling transaction fee of 2.75% still applies)Additional features
CASS cannot be completed online , you will need to visit branch or telephone on the dedicated number to perform the switch once the account has been opened and within 30 days to qualify for the offer so just a heads up :wink:
brettytopbanana
13 Sep 17#5
I have been an Advance account holder for some years and I have to say that it is a decent bank account. Customer service is great and there are also rewards available.
amour3k to brettytopbanana
14 Sep 17#43
Your an 'advanced' user/customer etc?, so no surprises as to the 'advanced' nature of how your received?.
So are we to really be surprised by the nature of your alllll with them ...
brettytopbanana to amour3k
14 Sep 17#47
I am not quite sure what you are trying to say???
rambobambo
13 Sep 17#6
Doesn't say if someone who's done it before is not eligible or does it
Suthsy
13 Sep 17#7
I switched a few months ago with no incentive and now they offer this.
HankHandsome
13 Sep 17#8
"You must pay at least £1,750 into your account each month (or a minimum of £10,500 every six months) not including money transferred from any other sole or joint personal accounts(s) you hold with HSBC Bank."
So clearly not for everyone
rooney10 to HankHandsome
13 Sep 17#9
Dont quite see your point with this..... anyone with a few hundred quid or so to spare could easily take advantage of this :wink:
HankHandsome to rooney10
13 Sep 17#11
Not everyone has a "few hundred quid" to spare hence the "Not for everyone" comment. Not that hard to understand.
rooney10 to HankHandsome
13 Sep 17#13
I understand that . You could make the same point though for just about every deal that appears on HUKD that involves spending money. Some people haven't got £5 to spare either , where does this end ? Its a pointless observation really.
HankHandsome to rooney10
13 Sep 17#14
equally as pointless as pulling me up on it don't you think ?
considering the OP didn't originally state the minimum payment requirements for the account, i'd wager it wasn't that pointless.
rooney10 to HankHandsome
15 Sep 17#60
No I don't agree , Your post stated that this deal wasn't for everybody based on the monthly funding requirement being £1500 , which I believe is completely misleading as I don't have £1500 to spare each month , yet its still available to me and many many others ! If it was as simple and as straightforward as needing £1500 a month spare funds available then I would tend to agree with you. However this can be achieved without the need to have vast sums of money spare and can be bounced to and from several times to achieve the minimum funding requirement. I'd assume by your post that you were unaware of this , otherwise your post would have been deliberately misleading people and I would like to think that wasn't true. Therefore I would argue this is a deal that is available to most people that are eligible for a current account.
The Op didn't mention the funding requirement in the original post and it is a relevant piece of info , being a requirement. However this does not need to be a deal breaker as there are many ways of achieving this without having much funds available.
:wink:
chocci to rooney10
13 Sep 17#22
Bizarre comment!
In what way does 'a few hundred quid or so' equate to £1750?
wardi69 to chocci
13 Sep 17#26
I think he means that usually you can deposit and withdraw the same money until you've deposited £1750 in total e.g. £300 moved in and out of the account 6 times would cover the £1750
Pateo to HankHandsome
13 Sep 17#19
I was just wondering if you could transfer via standing order from another bank account to fulfill that rule but I think you've answered my question now!
ma6jrp to Pateo
13 Sep 17#21
Yes
missy89
13 Sep 17#10
HSBC advance accounts also entitle you to preferential rates on saving accounts and the loyalty ISA whereupon you deposit £300 and they'll pay £10 a month into your ISA for 12 months.
Not to mention the Advance debit card redesign just looks really cool :smiley_cat:
dave3641 to missy89
13 Sep 17#27
Have you got a link to this? I moved to the advance in February but have not noticed this offer.
mrme to missy89
13 Sep 17#31
Think the bonus £10 deal is dead :smile:
xsor to missy89
4 Oct 17#73
Ooo, have you got a link for that? That sounds interesting..
Opening post
Get £200 when you switch and stay with HSBC Advance Current Account
New customers who open an HSBC Advance Bank Account will get £150 when using the Current Account Switch Service
Get an extra £50 after 12 months, just for staying with us*
Plus get a 6 month interest and fee free overdraft
To be eligible for HSBC Advance customers will need to pay in a minimum of £1,750 per month
No monthly account fee
24/7 customer service
£500 daily ATM cash withdrawals
Contactless debit card (subject to status)
5% AER/Gross with our Regular Saver*1
£250 off booking fees on our Standard mortgage range*2
Your home may be repossessed if you do not keep up repayments on your mortgage.
A minimum overdraft offer of £1000 at account opening*3
Access to HSBC Share the Experience Programme.
10% interest cashback on loans*4Representative
3.3% APR for loans between £7k‑15k over 1-5 years
Preferential Overdraft Interest
Rate*5*6Representative Example: 17.9% EAREAR is Effective Annual Rate. This takes account of the interest rate and how often interest is charged, and does not include any other fees or charges
Worldwide ATM cash withdrawals without HSBC non-sterling cash fees*7(A non-sterling transaction fee of 2.75% still applies)Additional features
Source: MSE
All comments (73)
So are we to really be surprised by the nature of your alllll with them ...
So clearly not for everyone
Its a pointless observation really.
considering the OP didn't originally state the minimum payment requirements for the account, i'd wager it wasn't that pointless.
If it was as simple and as straightforward as needing £1500 a month spare funds available then I would tend to agree with you.
However this can be achieved without the need to have vast sums of money spare and can be bounced to and from several times to achieve the minimum funding requirement. I'd assume by your post that you were unaware of this , otherwise your post would have been deliberately misleading people and I would like to think that wasn't true.
Therefore I would argue this is a deal that is available to most people that are eligible for a current account.
The Op didn't mention the funding requirement in the original post and it is a relevant piece of info , being a requirement. However this does not need to be a deal breaker as there are many ways of achieving this without having much funds available.
:wink:
In what way does 'a few hundred quid or so' equate to £1750?
e.g. £300 moved in and out of the account 6 times would cover the £1750
Not to mention the Advance debit card redesign just looks really cool :smiley_cat: