HSBC Advance Account | Current Accounts | HSBC Channel Islands & 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

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

Representative Example: 17.9% EAR

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 month), 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)

Apply in branch

Book your appointment to apply in branch by calling:

03456 00 61 61

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

Frequently asked questions

As an HSBC customer we'll treat you as a person, not a number, when we make any lending decision.

As part of our obligations to you as a customer, before we lend money we work hard to be sure you can afford to repay it, helping you stay in control of your money. This can be a tricky business, so we use many pieces of information and a variety of techniques to help us make the right decision. That means things like Credit Scoring, Credit Reference Agency data and your history with us
Just as we have real people answering your calls, we have real people using their judgement, experience and skill to make a genuine assessment of your ability to repay
If we do lend you money, we'll always provide clear information at appropriate points and will keep you fully informed. We don't like to turn people away, so if we decide not to lend money to you, it will usually be because we're trying to protect your financial health

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 make things easier.

With our international account opening service a new account along with your existing HSBC credit history can be ready and waiting for you when you arrive
Available in over 20 countries including; Australia, France and Hong Kong
This service is available for half the standard HSBC account opening fee for HSBC Advance customers

Send and receive payments securely using only a mobile number with Paym. You'll be using the HSBC Mobile Banking app, so making a payment is fast and secure.

Quickly, easily and securely send and receive money to any other Paym registered phone
No need to share your account details with others
Less need to carry cash or use cheques

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

Advance Account

Benefits

With the HSBC Advance Bank Account you'll get:

Eligibility

Apply in branch

03456 00 61 61

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

Paym

Related products

HSBC Premier Account

Student Account

Bank Account

Flexible Saver

Customer support