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Advance Account

Make more of your money

Switch to HSBC for a welcome bonus of up to £200

Because great plans deserve a rewarding start
Eligibility and T&Cs apply. Offer ends 31 March 2023
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.


With the HSBC Advance Bank Account you'll get:

  • No monthly account fee
  • 24/7 customer service
  • £500 daily ATM cash withdrawals
  • Access to our Island Privileges rewards programme created exclusively for Advance and Premier customers
  • 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).


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

Request a call back

Complete our contact form quoting

’Advance account’

Apply in branch

Book your appointment to apply in branch by calling: 

You’ll need to bring identification, proof of your address and a recent bank statement.

Find out more about our acceptable identification documents

Frequently asked questions

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