Business Wednesday, Feb 11

The offer is finishing soon

HSBC UK has issued a two-week warning, reminding eligible customers that there is limited time remaining to take advantage of its Premier cashback incentive, with up to £750 available for those who open a Premier account before February 23, 2026, and bring their salary and/or savings to the bank.

The ‘Bring More, Get More’ offer allows new Premier customers to earn £250 for switching a salary of £100,000 or more and £500 for transferring £100,000+ in savings or investments. Customers who complete both can receive the full £750 cashback, provided they open a Premier account before the February deadline.

The reminder comes as HSBC UK said it was continuing to focus “on supporting customers who want to bring their everyday banking, savings and investments together under one Premier relationship”.

Carl Watchorn, head of Premier Proposition at HSBC UK, said: “For customers with higher incomes and more complex financial lives, the value of banking lies in clarity, confidence and simplicity – especially when time is at a premium. HSBC Premier offers tailored support for these needs, plus wealth, health, and travel benefits too. With the current joining incentive nearing its end, this is a natural moment for customers to make the move to Premier.”

HSBC added: “Beyond the incentive, HSBC UK Premier is a full-service banking proposition designed to help you maximise your financial portfolio, whether that is through preferential ISA and savings rates or guidance when diversifying your investments. Premier customers also have exclusive access to a range of perks, including global account access, travel and lifestyle benefits, and exclusive rewards.”

These include Premier Health:

  • Gain a range of health benefits and services, provided by Square Health (individual terms and conditions apply)
  • Access digital GP appointments, mental health support, plus second opinions for you and your family

Premier Travel, International and Lifestyle:

  • Free worldwide travel insurance remains in place for the whole family and includes cover for dependents travelling with you up to age 23.
  • Preferential rates on foreign exchange and international payments.
  • Customers also have access to a range of new Premier offers in the rewards and benefits hub in the HSBC mobile app (individual T&Cs apply)

Premier Wealth:

  • Plan for your future with support from a team of wealth specialists (fees and eligibility apply)
  • Benefit from a range of preferential rates on loans, mortgages and savings
  • The HSBC UK Premier team are now here to help 24/7 via chat or telephone, while eligible customers also have access to relationship management, tiered according to their level of investments.

To qualify, new customers must do one or both of the following by April 30, 2026, to be eligible for the offer:

  • Complete a full switch of your existing current account to your newly-opened Premier Account using the Current Account Switch Service (CASS) (allow at least 10 days for your switch to be fully completed). This includes paying in your main monthly salary of £100,000 or more per year into your Premier Account directly from your employer
  • Pay in £100,000 or more in savings or investments with HSBC and keep this balance for three months

Cashback is paid directly into the Premier account within 70 days once the criteria are met.

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