HSBC issues two-week warning as deadline set on £750 cashback offer | Personal Finance | Finance

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HSBC UK has issued a fortnight’s warning, reminding eligible customers that time is running out to capitalise on its Premier cashback offer, with up to £750 on the table for those who open a Premier account before February 23, 2026, and transfer their salary and/or savings to the bank.

The ‘Bring More, Get More’ promotion enables new Premier customers to secure £250 for switching a salary of £100,000 or above and £500 for moving £100,000+ in savings or investments. Customers who fulfil both criteria can claim the complete £750 cashback, as long as they open a Premier account before the February cut-off date.

The alert arrives as HSBC UK confirmed it was continuing to concentrate « on supporting customers who want to bring their everyday banking, savings and investments together under one Premier relationship ».

Carl Watchorn, head of Premier Proposition at HSBC UK, said: « For customers with higher incomes and more complex financial lives, the value of banking lies in clarity, confidence and simplicity – especially when time is at a premium. HSBC Premier offers tailored support for these needs, plus wealth, health, and travel benefits too. With the current joining incentive nearing its end, this is a natural moment for customers to make the move to Premier. »

HSBC said: « Beyond the incentive, HSBC UK Premier is a full-service banking proposition designed to help you maximise your financial portfolio, whether that is through preferential ISA and savings rates or guidance when diversifying your investments. Premier customers also have exclusive access to a range of perks, including global account access, travel and lifestyle benefits, and exclusive rewards. »

These include Premier Health:

  • Gain a range of health benefits and services, provided by Square Health (individual terms and conditions apply)
  • Access digital GP appointments, mental health support, plus second opinions for you and your family

Premier Travel, International and Lifestyle:

To qualify, new customers must do one or both of the following by April 30, 2026, to be eligible for the offer:

  • Complete a full switch of your existing current account to your newly-opened Premier Account using the Current Account Switch Service (CASS) (allow at least 10 days for your switch to be fully completed). This includes paying in your main monthly salary of £100,000 or more per year into your Premier Account directly from your employer
  • Pay in £100,000 or more in savings or investments with HSBC and keep this balance for three months

Cashback is paid directly into the Premier account within 70 days once the criteria are met.