18 Dec
HSBC Cashback Offers: Unlock Big Savings Today!
December 18, 2023
Are you looking for a cashback program that offers great rewards and benefits? Look no further than HSBC Cashback! HSBC has launched an incredible cashback offer for new customers signing up to an HSBC Advance or Premier account. And the best part? You don’t have to switch your bank account and close your old one to take advantage of this amazing deal!
Here’s how it works: To unlock the cashback, all you need to do is open a new HSBC Advance or Premier account, deposit £1,500, make at least five transactions using the current account debit card, and open an HSBC Global Money account. It’s that simple! And within just 20 days, you’ll receive a fantastic £125 cashback!
But that’s not all! By using your Global Money debit card five more times by April 21, 2024, you can earn an additional £80. And on top of that, you’ll also have the chance to win one of 24 exciting £3,000 cash prizes through a special prize draw!
HSBC Cashback offers you the opportunity to save big on your everyday expenses. From cashback rewards to exciting promotions, HSBC has designed this program with your needs in mind. So why wait? Start unlocking big savings with HSBC Cashback today!
Key Takeaways:
- HSBC has launched a cashback offer for new customers signing up to an HSBC Advance or Premier account.
- The offer doesn’t require you to switch your bank account and close your old one.
- To unlock the cashback, open a new HSBC Advance or Premier account, deposit £1,500, make at least five transactions using the current account debit card, and open an HSBC Global Money account.
- You’ll receive £125 within 20 days and an additional £80 by using your Global Money debit card five times by April 21, 2024.
- There’s also a chance to win one of 24 £3,000 cash prizes through a prize draw.
How to Get £205 Cashback from HSBC
To take advantage of the HSBC cashback offer and receive £205, follow these simple steps:
- Open a new HSBC Advance or Premier account and deposit £1,500.
- Make at least five transactions using your current account debit card.
- Open an HSBC Global Money account.
By completing these requirements, you’ll earn £125 within 20 days.
Now, let’s move on to the second step:
- Use your Global Money debit card five times before April 21, 2024.
By doing so, you’ll receive an additional £80.
And that’s it! By following these two steps, you’ll be eligible for the full £205 cashback from HSBC.
But there’s more! As an added bonus, you’ll also be entered into a prize draw where you could win one of 24 £3,000 cash prizes.
HSBC Cashback Requirements Recap:
| Step | Requirements |
|---|---|
| Step 1 |
|
| Step 2 | Use your Global Money debit card five times before April 21, 2024 |
Other Current Account Switching Offers
If you’re interested in switching your current account, there are other offers available in the market. Here are some alternative options:
Nationwide Switching Offer
Nationwide is currently offering a £200 cash bonus for new customers who switch to one of their three main current accounts. By choosing Nationwide, you not only get a generous cash bonus but also gain access to a range of additional benefits that can enhance your banking experience.
Lloyds Switching Offer
Lloyds is another bank that has an attractive switching offer for new customers. By switching to one of their Club Lloyds accounts, you can earn £175 cashback, along with various lifestyle benefits. Joining Club Lloyds means you can take advantage of perks such as cinema tickets, dining out discounts, and more.
First Direct Switching Offer
First Direct, known for its excellent customer service, is offering a £175 switching bonus to new customers who switch to their 1st Account. Along with the cash bonus, you’ll also enjoy other account benefits, making it a compelling option for those looking to switch their current account.
When considering these offers, it’s important to compare the benefits and features of each account to find the one that best suits your financial needs.
By exploring these alternative current account switching offers, you can make an informed decision and potentially enjoy financial benefits that go beyond the initial cash bonus.
HSBC Account Options and Features
HSBC offers a range of account options to suit different needs. Whether you’re a high-earning individual or a frequent traveler, there’s an HSBC account designed with you in mind. Let’s take a closer look at the HSBC Premier account, HSBC Advance account, and the HSBC Global Money account, along with their respective benefits.
HSBC Premier Account
The HSBC Premier account is an exclusive offering available to customers who earn at least £75,000 and have an existing HSBC product. This account provides a range of benefits, including:
- Worldwide travel insurance, giving you peace of mind wherever your adventures take you
- A £500 fee-free overdraft to help you manage unexpected expenses
- Premium customer support from dedicated Premier Relationship Managers
HSBC Advance Account
If you’re looking for a fee-free account with added perks, the HSBC Advance account is a great option. With this account, you’ll enjoy:
- Access to a linked regular saver account that pays a fixed 5% AER, helping you save for the future
- Preferred rates on selected HSBC products and services
- Online and mobile banking, making it easy to manage your finances on the go
HSBC Global Money Account
For those who frequently transact in multiple currencies, the HSBC Global Money account is an excellent choice. This account allows you to:
- Store, spend, and send money in multiple currencies with no HSBC fees
- Enjoy the convenience of a Global Money debit card, accepted worldwide
- Convert currencies at competitive rates, saving you money on foreign exchange
With these account options, HSBC ensures that you have the flexibility and convenience you need to manage your finances effectively.
| Account Type | Eligibility Requirements | Key Benefits |
|---|---|---|
| HSBC Premier | Earn at least £75,000 and have an existing HSBC product | Worldwide travel insurance, £500 fee-free overdraft, dedicated Premier Relationship Managers |
| HSBC Advance | Open an HSBC Advance account | Access to a linked regular saver paying a fixed 5% AER, preferred rates, online and mobile banking |
| HSBC Global Money | Open an HSBC Global Money account | No HSBC fees for storing, spending, and sending money in multiple currencies, Global Money debit card, competitive currency conversion rates |
Choose the HSBC account that aligns with your financial goals and enjoy the benefits that come with it.
- HSBC. “HSBC Premier.” Retrieved from https://www.hsbc.co.uk/current-accounts/products/premier/
- HSBC. “HSBC Advance.” Retrieved from https://www.hsbc.co.uk/current-accounts/products/advance/
- HSBC. “HSBC Global Money.” Retrieved from https://www.hsbc.co.uk/current-accounts/products/global-money/
Using Your HSBC Debit or Credit Card
When it comes to making payments, an HSBC debit or credit card offers you convenience and flexibility. You can use your HSBC card at various shops and restaurants that accept VISA or MasterCard, allowing you to make purchases with ease.
To ensure the security of your online card transactions, HSBC provides the VISA Secure and Mastercard Identity Check service. This additional layer of protection helps safeguard your card details and verify your identity when making online purchases.
Need cash? No problem. With your HSBC card, you can make cash withdrawals at HSBC cash machines without incurring any transaction fees. Please note that some non-HSBC cash machines may charge a fee, so it’s always a good idea to look out for an HSBC machine to avoid additional costs.
- Using HSBC debit card: Enjoy the convenience of using your HSBC debit card for everyday transactions, whether it’s for groceries, dining out, or shopping.
- Using HSBC credit card: Make larger purchases or manage your expenses with an HSBC credit card. Benefit from flexible payment options and the ability to earn rewards on eligible transactions.
- Paying with HSBC card: Use your HSBC card with confidence, knowing that VISA Secure and Mastercard Identity Check are there to protect your online transactions.
- Confirming online card purchases: The VISA Secure and Mastercard Identity Check service adds an extra layer of security by verifying your identity when making online purchases.
- Cash withdrawals with HSBC card: Access cash conveniently at HSBC cash machines without transaction fees.
- Cashback service with HSBC card: HSBC offers a cashback service at select shops and supermarkets, allowing you to withdraw cash at the till when making a purchase.
Using your HSBC card not only offers you a seamless payment experience but also provides additional benefits and peace of mind.
Next, we’ll explore other current account switching offers that you may want to consider.
Conclusion
In conclusion, HSBC’s cashback offers present a fantastic opportunity for new customers to make substantial savings. By following the specified requirements, you can receive up to £205 in cashback, along with a chance to win additional cash prizes. Moreover, HSBC provides a range of account options, each with its own unique features and benefits.
It is important to consider any potential drawbacks, such as the potential impact on your credit score when opening a new account. However, overall, HSBC’s cashback offers offer a valuable way to save money on your day-to-day expenses.
Take advantage of HSBC’s cashback program and discover a rewarding banking experience, tailored to your financial needs and aspirations.
FAQ
What do I need to do to get the £205 cashback from HSBC?
To earn the full £205 cashback from HSBC, you need to follow a two-step process. First, open a new HSBC Advance or Premier account, deposit £1,500, make at least five transactions using the current account debit card, and open an HSBC Global Money account. This will earn you £125 within 20 days. In the second step, use your Global Money debit card five times by April 21, 2024, to receive a further £80. You’ll also be entered into a prize draw to win one of 24 £3,000 cash prizes.
Are there any other current account switching offers available?
Yes, if you’re interested in switching your current account, there are other offers available in the market. Nationwide is offering a £200 cash bonus for new customers who switch to one of their three main current accounts. Lloyds is offering £175 cashback and various lifestyle benefits for new customers who switch to one of their Club Lloyds accounts. First Direct is offering a £175 bonus and other account benefits to new customers who switch to their 1st Account.
What account options does HSBC offer?
HSBC offers a range of account options to suit different needs. The HSBC Premier account is available to customers who earn at least £75,000 and have an existing HSBC product. It comes with perks such as worldwide travel insurance and a £500 fee-free overdraft. The HSBC Advance account is a fee-free account that offers access to a linked regular saver paying a fixed 5% AER. The HSBC Global Money account allows you to store, spend, and send money in multiple currencies with no HSBC fees. It also offers the convenience of a Global Money debit card and the ability to convert currencies at competitive rates.
How can I use my HSBC debit or credit card?
With an HSBC debit or credit card, you can enjoy the convenience of making payments in shops and restaurants that accept VISA or MasterCard. For extra security, HSBC provides the VISA Secure and Mastercard Identity Check service when you shop online with their cards. Cash withdrawals can be made at HSBC cash machines without transaction fees, and some non-HSBC cash machines may charge a fee. HSBC also offers a cashback service in select shops and supermarkets where you can withdraw cash at the till when making a purchase.
What are the benefits of HSBC’s cashback offers?
HSBC’s cashback offers provide an opportunity for new customers to earn significant savings. By following the requirements, you can receive up to £205 in cashback, as well as the chance to win additional cash prizes. HSBC also offers a range of account options with various features and benefits. Remember to consider any potential drawbacks, such as the impact on your credit score when opening a new account. Overall, HSBC’s cashback offers can be a valuable way to save money on your everyday spending.
Source Links
- https://www.which.co.uk/news/article/hsbc-launches-205-cashback-offer-on-current-accounts-whats-the-catch-a4f678p8g9dE
- https://www.glasgowtimes.co.uk/news/national/uk-today/23885611.hsbc-launches-new-205-cashback-offer—claim/
- https://www.hsbc.co.uk/help/card-support/using-your-card/
