HSBC reintroduces last winter’s £200 current account switching offer

HSBC offers best current account switching offer as it reintroduces last winter’s £200 deal

Top Reward: HSBC is again offering £200 for those switching from another bank to HSBC’s UK Advance or Premier Bank accounts

HSBC reintroduced the £200 for £200 current account change offer last winter.

The reward is for those who switch from another bank to HSBC’s UK Advance or Premier Bank accounts using the Current Account Switching Service (CASS).

To take advantage, new customers must set up at least two direct debits or standing orders.

Joiners must also begin the switch within 30 days of opening their new account and deposit at least £1,500 into the account within 60 days. The £200 will then be paid within 20 days.

You must not have an HSBC checking account or have opened a First Direct checking account since January 1, 2020 to be eligible.

Santander launched a £200 switching deal on January 23, but pulled it back after an influx of new customers.

l.purkess@dailymail.co.uk

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