Current accounts

• No monthly account fee
• 24/7 customer service
• £500 daily ATM cash withdrawals
• Contactless debit card (subject to status)
• 5% AER/Gross with our Regular Saver^*1
• £250 off booking fees on our Standard mortgage range^*2
  Your home may be repossessed if you do not keep up repayments on your mortgage.
• A minimum overdraft offer of £1000 at account opening^*3
• 10% interest cashback on loans^*4
  Representative 3.3% APR for loans between £7k-15k over 1-5 years
• Preferential Overdraft Interest Rate^*5*6
  Representative Example: 17.9% EAR
  EAR is Effective Annual Rate. This takes account of the interest rate and how often interest is charged, and does not include any other fees or charges
• Worldwide ATM cash withdrawals without HSBC non-sterling cash fees^*7
  (A non-sterling transaction fee of 2.75% still applies)
  
   

^*1 The fixed preferential rate of 5% AER/gross over 12 months is available to HSBC Advance customers, who open a new Regular saver account. Save between £25 and £250 per month by standing order from your HSBC Advance bank account for a fixed term of 12 months. If you do not save £250 in any given month you can carry over any unused subscription to following months. Interest is calculated on the daily cleared balance on your Regular saver and we will pay this to your Regular saver on the anniversary of the date your account was opened. For example, if you saved £250 every month for 12 months a total of £3000 will be paid in to your account during the 12 month term. At 5% you would earn approximately £81 interest (gross). Partial withdrawals are not allowed during the 12 month term. If you close your Regular saver before the anniversary, we will pay interest at the same rate as we would apply to an equivalent amount held in a Flexible saver. You can only hold one Regular saver at any given time.

AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year. All credit interest will be paid gross. Gross is the rate of interest if interest were paid and not compounded each year.

^*2 Available up to 90% loan to value (LTV). Maximum loan size may apply. Applies to residential applications only.

^*3 Subject to meeting HSBC's proof of Channel Islands and Isle of Man address requirements.

^*4 Your cashback will be dependent on the loan not being paid off early or ended by us. You must be a HSBC Advance customer at the time the loan is taken out. Interest cashback is offered on Personal loans from £1,000 to £25,000, over 12 to 60 months. Our Personal loans are subject to status and account conduct. Loan applicants must be UK, Channel Isles or Isle of Man resident aged 18+ and have an annual income/pension before tax of £10,000 or more. The rate you pay depends upon a credit assessment of your personal circumstances and the loan amount; this may differ from the rate advertised.

^*5 As compared to our Bank account and Bank account pay monthly.

^*6 Subject to status and account conduct

^*7 Some cash machine operators may apply a direct charge for withdrawals from their cash machines. This will be advised at the time of the withdrawal. 

• Overdraft rate: 11.9% EAR (Overdraft service available subject to status)
  Representative Example: 
  0% EAR variable on the first £500 and 11.9% EAR on the rest (assumed overdraft £1,200)
• A £500 interest-free overdraft facility, available on request, with no overdraft fees
• Dedicated relationship manager to help you with your banking needs - where appropriate, your manager can offer tailored financial advice to help you build and manage your personal economy
• Preferential rates and terms on a range of selected products, including reduced booking fees on our standard mortgage range*
• Worldwide Travel Insurance for you and your family, for Channel Islands and Isle of Man residents aged under 70 provided by Aviva Insurance Limited in the UK
• 24/7 telephone, online, mobile and text banking (subject to scheduled maintenance periods)

*Preferential rates and terms vary by product and are preferential when compared to either our Advance, Bank or Current account products.

HSBC Premier financial advice service is only available to Channel Islands and Isle of Man residents who have £50,000 or more in savings and investments and who are at least 18 years old. We charge for our Premier financial advice service - our fees vary depending on your individual needs. Your adviser will clearly explain our fees up-front and the type of advice we offer in your initial, no-obligation consultation.

Think carefully before securing other debts against your property. Your property may be repossessed if you do not keep up repayments on your mortgage.

HSBC Premier is available to you, as long as you pay your annual income into your HSBC Premier bank account and either:

1. Have savings or investments of at least £50,000 with HSBC in the Channel Islands or Isle of Man; or

2. Have an individual annual income of at least £75,000 and one of the following products with HSBC in the Channel Islands or Isle of Man:

- a mortgage;
- an investment, life insurance or protection product;

Or, qualify for HSBC Premier in another country.

Please note: This excludes HSBC UK, M&S Bank, First Direct and HSBC Expat. For the second criteria, in the case of a joint account, at least one of the parties must have an individual annual income of at least £75,000. The investment, life insurance or protection products also includes those purchased through one of HSBC's advisers.

If you'd like to open an HSBC Premier account please ensure you can answer YES to the following:

• You need to be 18 years or older.

• Your residential address must be within the Channel Islands or Isle of Man.

• You must be able to provide us with certified proof of your identity and address and one month's bank statements from your current bank (translated into English if appropriate).

• You are happy for us to undertake a credit register search (PDF).

• In order to qualify for lending, savings and travel insurance benefits and preferential rates you will need to be a resident in the UK, Channel Islands or Isle of Man. This is subject to status and meeting HSBC's proof of Channel Islands and Isle of Man address requirement.  

• Overdraft rate: 19.9% EAR (Overdraft service available subject to status)
  Representative Example: 
  19.9% EAR variable (assumed overdraft £1,200)
• Set up Standing Orders, Direct Debits and payments to friends and family
• Can access our Regular saver
• Ability to apply for a HSBC Credit card and Loan, subject to status

• You need to be 18 years or older
• Your residential address must be within the Channel Islands or Isle of Man
• You must be able to provide us with proof of your identity and address
• You must pay at least £500 a month into the account (does not apply if you are under 24 or over 65 years old)

More information 

• If applying in branch all parties will need to be present

• Visa Debit Card
• Cash withdrawals up to £300 per day
• Set up Standing Orders, Direct Debits and payments to friends and family
• 24/7 Telephone and Online banking, subject to planned maintenance
  
  
   

• You need to be 16 years or older
• Your residential address must be within the Channel Islands or Isle of Man
• You must be able to provide us with proof of your identity and address.
• You must not continue to hold a bank (payment) account with another Channel Islands or Isle of Man provider
• You are happy for us to undertake a credit register search (PDF) 

More information

• For joint applications all parties will need to be present in branch

• Guaranteed interest-free overdraft
  £500 to £1,000 on account opening. No overdraft fees
• No interest or charges whenever you use your overdraft
  Representative example: 0% EAR variable (assumed overdraft £1,200)
• Option to increase overdraft as your studies progres
  Increase of up to £2,000 in year two and £3,000 in year three, subject to status and  account conduct
• Student Exclusives for freebies, discounts, tickets and competitions to help your money go further.
  Everything from everyday living through to planning a gap year.

Please ensure you can answer YES to the following questions:

• Are you 18 years of age or over?
• Have you been a resident in the UK, Channel Islands or Isle of Man for at least the last 3 years?
• Can you provide proof of address and identification (PDF) if you currently don't have a HSBC current account?
• Can you confirm you do not hold a student account elsewhere?
• Are you studying, or intending to study:
  - a full time qualifying course or a level 4+ apprenticeship on a qualifying course at a UK, Channel Islands or Isle of Man university / college?
  - or a part-time course with a Disabled Students' Allowance.
• Postgraduates must have completed an undergraduate degree course in the UK, Channel Islands or Isle of Man in the last three years. To confirm this we must see proof e.g. graduation certificate / diploma or letter from university / college.
• You have proof of your unconditional acceptance e.g. UCAS letter or letter from the university / college?

Please note

• A Student Bank Account can only be applied for when you have a confirmed place to study however you can open a HSBC Bank Account at anytime and upgrade to the Student Bank Account when you have your place to study confirmed.
• If you’ve been in the UK, Channel Islands or Isle of Man less than three years or you’re an international student please visit one of our branches or call 03456 00 61 61 to open the right account for you. Lines are open 8am to 10pm everyday (except Christmas Day, Boxing Day and New Year's Day). From abroad +44 1226 261 010. 

• Overdraft rate: 19.9% EAR (Overdraft service available subject to status)
  Representative Example: 
  1st year 0% EAR variable on the first £1,500, 2nd year 0% EAR variable on the first £1,000 and 19.9% EAR on the rest (assumed overdraft £1,200)
• Up to £1,500 interest-free entitlement in your first year and up to £1,000 interest free overdraft in your second year after graduation (subject to status and account conduct)
• Apply for a Graduate loan of up to £25,000. Loans are available for five years after graduation between £5,000 and £25,000 (subject to status and account conduct)
• Access to our Regular saver account

Please ensure you can answer YES to the following questions: 

• Are you 18 years or over?
• Have you graduated from university within the last 2 years?
• Can you provide proof of graduation, ie a graduation certificate?
• Are you happy for us to undertake a credit register search (PDF)
• Can you provide us with the information and documents we require? Banking with HSBC (PDF)
• Can you also provide us with identification and proof of your addresss and one month's bank statements from your current bank?
  
  

If you already hold an HSBC Student bank account, please let us know and we'll transfer you to a Graduate account.

• Overdraft rate: 19.9% EAR (Overdraft service available subject to status)
  Representative Example:
  19.9% EAR variable (assumed overdraft £1,200)
• No overdraft fees
• A £50 'buffer' for short term emergency borrowing
• Payment requests over your buffer or any formal overdraft limit normally won't be agreed
• Fee of £10 a month

Please ensure you can answer YES to the following questions:

• Are you 18 years or over?
• Will you be paying at least £500 per month into this account? (Should you fail to make the £500 monthly payment required to maintain your account, we will either change it to a current account or give you notice that we will be closing your account. If you are under the age of 24, the qualification criteria will not apply.)
• Are you happy for us to undertake a credit register search (PDF)?
• Can you provide us with identification and proof of your address and one month's bank statements from your current bank?

• MyMoney is a package of MyAccount and MySavings accounts
• Get MySavings account from aged 7 years with £10 minimum deposit
• Get MyAccount with a HSBC VISA debit card from the age of 11 (subject to parents' permission)^*1
• Interest is paid monthly on your MySavings account
   

^*1 If for any reason you or your parent or guardian does not want a Visa debit card, then please get in touch with us and we can stop one from being sent out to you.

Please ensure you can answer YES to the following questions:

• Are you aged between 7 and 17 years old and a Channel Islands or Isle of Man resident?
• Can you provide proof of your identity and address? (if your parents already bank with us you don't need to provide proof of address)

If you're under 16, you will also need to get your application signed by a parent or guardian.