Advance Bank Account - HSBC Channel Islands and Isle of Man

HSBC Advance Bank Account

Whether you’re switching careers, starting a family or moving abroad, HSBC Advance is designed to help you through all life’s changes.

Apply for an HSBC Advance Bank Account today:

Check eligibility and how to apply for HSBC Advance bank account

Benefits

With the HSBC Advance Bank Account you'll get:

No monthly account fee
24/7 customer service
£500 daily ATM cash withdrawals

A minimum overdraft offer of £1000 at account opening
Worldwide ATM cash withdrawals without HSBC non-sterling cash fees

A non-sterling transaction fee of 2.75% still applies.
Preferential Overdraft Interest Rate

Assumed limit £1,200: 0% EAR (variable) on the first £25, 17.9% EAR (variable) thereafter, giving a representative rate of 17.5% APR (variable).

Eligibility

Please ensure you meet the following:

you need to be 18 years or older
your residential address must be within the Channel Islands and Isle of Man
you must be able to provide us with certified proof of your identity and address (translated into English if appropriate)
you must pay at least £1,750 a month into the account (or a minimum of £10,500 every six months), not including money transferred from other sole or joint personal accounts held with HSBC Bank
you are happy for us to undertake a credit register search (PDF)

How to apply

Book an appointment online

To open an account, you'll need to come into one of our branches and speak to the team. Please bring identification, proof of address and a recent bank statement.

Book an appointment

Book an appointment over the phone

If you can't book online, call us to make an appointment on

03456 00 61 61

Our lines are open 07:00 to 21:00 every day.

Frequently asked questions

When you bank with us we treat you as a person, not a number, when making any lending decisions.

Before we lend any money we’ll look at whether you can afford to make the repayments. That means we’ll look at things like credit scoring, credit reference agency data and your history with us, to make our decision.

Just as we have real people answering your calls, we have real people using their skills to make an assessment of your ability to repay.

If we do lend to you, we'll provide clear information to keep you fully informed.

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

Access all your eligible worldwide HSBC accounts with global view and make transfers between them quickly with no transfer fee.

If you're living or working abroad for a significant amount of time, a local bank account could help make things easier.

With our international account opening service, a new account along with your existing HSBC credit history could be ready and waiting for when you arrive.

It’s available in over 20 countries and regions, including Australia, France and Hong Kong.

This service is available for half the standard HSBC account opening fee for HSBC Advance customers.

Advance Account

Benefits

With the HSBC Advance Bank Account you'll get:

Eligibility

How to apply

Book an appointment online

Book an appointment over the phone

Frequently asked questions

Relationship-based lending

Transfers between your globally linked accounts with no payment fees

Half price international account opening and HSBC credit history transferral

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