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2:16 am | April 28, 2023

£200 current account switching offer launched by HSBC as competition intensifies

HSBC UK is offering the £200 switching deal from Monday, April 17.

HSBC UK has reintroduced its £200 current account switching offer and is boosting some savings rates, as the battle to attract customers heats up (Aaron Chown/PA)
 (PA Archive)

HSBC UK has launched a new £200 current account switching offer and is boosting some savings rates, as the battle to attract customers heats up.

The switching offer is available for people using the Current Account Switch Service (Cass) on the bank’s Advance or Premier Bank Account.

The £200 switching deal is being offered from Monday, April 17, with no end date currently set.

To qualify for the cash, customers must complete a full switch of their existing current account using Cass, with at least two direct debits or standing orders. They must start the switch within 30 days of opening their new account.

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