We read this on Be Clever With Your Cash (HSBC's own page states the £500 headline but not the conditions) and haven’t located HSBC Premier UK’s own promotion page. Search their site before acting on it.
How to get it
4 steps, in order. Tick them off as you go.
Your ticks stay in this browser. Nothing is sent anywhere, and the dates land on your calendar automatically once you start.
Payout timeline
- Day 0Sign up and verify
Account opened, identity confirmed.
- Day 90Hold period ends
Your money is free to leave from here.
- After day 90£500 credited
Providers rarely publish a payout window. Community reports will fill this in.
Difficulty
Common offer, a couple of straightforward steps.
Offer details
- Required deposit
- Not stated
- Hold period
- 90 days
- Setup time
- about 25 minutes
- Difficulty
- Medium
- Eligibility
- New customers only, resident in United Kingdom
- Closes
- No published end date
- Where we read these figures
- Be Clever With Your Cash (HSBC's own page states the £500 headline but not the conditions) read 2026-09-16
Start tracking it
We’ll hold the dates that matter. When your money unlocks, when the offer closes — so you don’t have to keep them in a calendar reminder.
Community reports
Whether it paid, and how long it took. Nobody has reported on HSBC Premier UK yet, if you’ve been through it, you’d be the first.
Report what happened →Similar in United Kingdom
Open a Premier Select or Premier Reward account and complete a full CASS switch. Pay in at least £15,000 within 90 days (multiple payments allowed; each must remain in the account 24 hours) and log into the NatWest mobile app. Account checked 90 days after the switch completes; £500 paid within 30 calendar days. Premier eligibility requires £100k sole income (£120k joint) paid into the account, or £100k savings/investments with NatWest, or a £500k+ NatWest mortgage. Excludes anyone who held a NatWest personal current account on 2 September 2026 or has had a NatWest Group cash switch incentive.
Premier eligibility (£100,000+ income or qualifying savings) + CASS switch + 3-month balance
Open an HSBC Bank Account via the mobile app, then within 60 days complete a full CASS switch including at least 2 Direct Debits, pay in £2,000 and spend £500 on the debit card. Not available to existing HSBC or first direct customers, or anyone who opened an HSBC/first direct account after 1 January 2023. Basic Bank Account not eligible.
Apply for a Select or Reward account, switch via CASS, pay in £1,250 within 60 days and log into the mobile app within 60 days. Cannot switch from within NatWest Group and cannot have received a previous NatWest Group switch bonus.