HSBC Premier Bank Account

Everything you'd expect from a bank account and more

Your HSBC Premier Bank Account gives you all the day-to-day banking essentials you need - plus some useful additional benefits to make it easier to manage your money:

No monthly account fee for HSBC Premier Bank Account
Dedicated Premier Relationship Manager
Contactless Visa Debit Card

Withdraw up to £1,000 a day from HSBC cash machines in the Jersey, Guernsey and the Isle of Man, and around the world¹, without being charged a cash withdrawal fee
24/7 telephone banking

Call our 24-hour Direct Relationship Management service any time, day or night
Online banking

Make payments, pay bills and transfer money quickly, easily and securely online
Mobile banking

Keep an eye on your account with alerts sent straight to your mobile
Island Privileges

Access to our rewards program created exclusively for Premier and Advance customers

Assumed limit £1,200: 0% EAR (variable) on the first £500, 11.9% EAR (variable) thereafter, giving a representative rate of 6.8% APR (variable).

Apply for HSBC Premier:

To open a Premier account, you must meet certain financial and other criteria.

Check eligibility and how to apply for HSBC Premier bank account

HSBC Premier Welcome Brochure Download

¹Some other cash machine operators may apply a direct charge for withdrawals from their cash machines and this should be advised on screen at the time of withdrawal. These transactions are subject to a non-sterling transaction fee, currently 2.75% of the amount of the transaction.

Using your Debit Card abroad: The exchange rate that applies to any foreign currency debit card payments (including cash withdrawals) is the Visa scheme exchange rate used by VISA on the day the conversion is made plus a Non-sterling transaction fee, which is currently 2.75% of the transaction amount (and for cash withdrawals a Cash Fee of 2% of the cash withdrawal (minimum: £1.75, maximum: £5)). We will make the conversion and deduct the payment from your account once we receive details of the payment from VISA, at the latest the next working day. Details of the current Visa scheme exchange rates are available at www.visaeurope.com.

Our telephone, online and mobile banking services are open 24 hours a day subject to scheduled maintenance periods. During busy periods calls may be transferred outside the UK. To help us continually improve our service, and in the interests of security, we may monitor and/or record your calls with us.

Eligibility criteria

HSBC Premier is available to you, if you pay your annual income into your HSBC Premier Bank Account and have either:

Savings or investments of at least £50,000 with HSBC in Jersey, Guernsey or Isle of Man; or
An individual annual income of at least £75,000 and one of the following products with HSBC in Jersey, Guernsey or Isle of Man : a mortgage; investment, life insurance or protection product

Or if you've already qualified for HSBC Premier in another country.

If you'd like to open an HSBC Premier Account, please ensure you fulfil all the following criteria:

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)
if you are resident in the Channel Islands or Isle of Man, you are happy for us to undertake a credit register search
in order to qualify for lending, savings and travel insurance benefits and preferential rates you will need to be a resident in the Channel Islands or Isle of Man. This is subject to status and meeting HSBC's proof of address requirement

For eligibility purposes, please note HSBC in the Channel Islands and Isle of Man 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.

HSBC Premier Travel Insurance eligibility criteria

are you under 70 years of age when your trip starts. Note: When you reach 70, you will no longer be covered by HSBC Premier Travel Insurance
are you resident of the UK*
*definition of UK includes Channel Islands and Isle of Man
are you registered with a doctor in the Registered with a doctor in the UK and liable to pay local taxes.
are you going to start and finish your trip in the UK
are there any dependent children aged under 18 at the start of the trip or under 23 if they are in full-time education and live with you outside term time? (Children will only be covered when travelling with the account holder or their domestic partner, or whilst travelling abroad on their own to visit and stay with close relatives for the duration of the trip)

You will need to call the HSBC Medical Risk Assessment Helpline on 08000517457 before booking your trip if you or any insured person in the last 12 months has been prescribed medication, have received or are awaiting medical treatment, tests or investigations, been referred to a specialist or admitted to hospital for any condition not listed on the accepted conditions list in the Your Health section in the policy booklet. You should also tell us before you travel if there has been any changes to your health or you have been referred to a consultant/specialist or admitted to hospital.

There is no cover for undiagnosed symptoms or any claim where you knew at the time of opening your HSBC Premier Bank Account or booking your trip (whichever is later) that you or your travelling companion may be unable to travel or may need to come home early e.g. illness of a close relative or travel companion.

Pre-existing conditions are not covered at any time under the policy unless listed within the accepted conditions list or have been disclosed to and accepted in writing by the HSBC Medical Risk Assessment Helpline.

You must also declare any serious illness, injury or disease suffered by anyone whose health may cause you to cancel or abandon your travel plans, such as a close relative or travelling companion.

Pre-existing medical conditions are not covered at any time under the policy unless they have been disclosed to and accepted in writing by the HSBC Medical Risk Assessment Helpline.