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Banking & Saving HSBC Bank Accounts

Compare HSBC Bank Accounts

Compare HSBC Bank Accounts – read our review and compare the features and benefits available from HSBC. Make an informed decision to find a Bank Account that suits you.

HSBC Bank Accounts Review

HSBC offer a range of current accounts designed to help you manage your money. If you plan to deposit £500 or more per month you will be entitled to the HSBC current account advance options which include:
  • 24 hour access to online Banking as well as Branch and Telephone Banking
  • Overdraft facility
  • HSBC Bank Card
  • Cashback facility – available at many outlets such as supermarkets and petrol stations
  • Monthly statements – or choose to go green and save on paper by accessing transactions online, so aswell as doing your bit to reduce your carbon foot-print you can also get entered into a prize draw giving you the chance to win a laptop computer.
  • Identity Theft Assistance with one free online credit report per year

Features

Interest Rate:
10% AER
Minimum Balance:
£1
Monthly Fee:
£12.5

Account Description

  • YOU NEED TO PAY £12.50 PER MONTH FOR THIS ACCOUNT
  • **Customers will now be able to get the first three months at only £6 per month (instead of £12.50)**
  • How to get 10% AER on your savings with this account...
  • Step 1: Open your HSBC Plus Account and agree to pay £12.50 per month for at least 12 months.
  • Step 2: Open a joint Regular Saver Account (as a Plus Customer you will be given a higher interest rate of 10% rather than 8%)
  • Step 3: You can move between £25 - £250 per month from Plus Account to the Regular Saver Account
  • Step 4: If you invest £250 per month, a total of £3,000 will be paid into your account during the 12 month term. At 10% interest, you will earn approximately £163 interest (gross).
  • WARNING: Partial withdrawals are not permitted from a Regular Saver Account. If you decide to close your account before the first anniversary HSBC Flexible Saver rate will apply (Currently 0.10% AER).
  • Overdraft facility at 17.9% EAR variable is available, however this is on a case-by-case basis.
  • Fee free cash withdrawals worldwide
  • Worldwide family travel insurance (inc. winter sports cover - up to aged 70) - Worth £180 per year!
  • ID Theft Assistance- £80 per year
  • Life Cover - £43 per year
  • Roadside Breakdown Assistance - £92 per year - Price based on RAC Solution 1 cover before any discounts.

Features

Interest Rate:
0.1% AER
Minimum Balance:
£1
Monthly Fee:
£0

Account Description

  • YOU MUST BE 18+ & PAY AT LEAST £500 PER MONTH INTO THIS ACCOUNT
  • HSBC
  • Automatically transfer your Direct Debits and standing orders to your new account
  • New cheque book & Debit Card within a week of you opening your account...or HSBC give you £10
  • Enjoy a 0% overdraft for two months, while HSBC transfer your account After this time the overdraft rate will be 19.9% EAR variable
  • Make the most of your savings with a linked HSBC Regular Saver Account
  • Sleep easy knowing you're supported by Identity Theft Assistance, which includes one free online credit report per year
  • If you're on the move, keep tabs on your balance and transactions with Monilink Mobile Banking
  • Manage your money with free 24/7 Internet Banking*, pay bills and make payments securely.
  • Telephone and branch banking are also available
  • Free HSBC Bank Debit Card to pay for goods and services at home and abroad**
  • Get up to £50 cashback at various UK outlets when you pay with your free HSBC Bank Debit Card
  • Monthly statements (or Go Green to save paper and view your statements online)

HSBC News

HSBC cuts bank account rates
The amount of interest attached to a HSBC bank account has been cut significantly. ...
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Wed 10th Jun, 2009
HSBC's Cash e-ISA
Those on the search for an individual savings account (ISA) may want to consider a fixed rate ISA offered by HSBC. ...
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Thu 5th Mar, 2009
New bonds offered by HSBC
With the property market in a state of decline and the wider financial markets also experiencing difficulties, it is crucial that consumers ensure they get the best possible deal on ...
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Wed 28th Jan, 2009
HSBC indicates the go ahead for its dormant accounts scheme
According to the HSBC, firms are currently writing to around 12,000 customers who have not touched their money for over 15 years. It is also searching for the addresses of a further ...
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Wed 10th Sep, 2008
FaceBook Protest causes HSBC to climb down on student overdraft fee
The power of social networking has been graphically demonstrated by the climbdown by HSBC over its decision to scrap interest-free overdrafts for graduates. ...
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Sat 1st Sep, 2007