HSBC has issued an urgent deadline warning to British customers, giving them just two weeks to claim cashback offers worth up to £750. The banking giant's Premier account promotion requires new customers to open an account before February 23, 2026 to secure the financial incentive.
How to Qualify for the HSBC Premier Cashback
The 'Bring More, Get More' promotion offers tiered rewards based on the amount of money customers transfer to their new HSBC Premier account. New customers can secure £250 by switching a salary of £100,000 or above to the bank. Additionally, they can claim £500 for moving £100,000 or more in savings or investments to HSBC.
Maximum Reward Potential
Customers who meet both criteria - transferring both a qualifying salary and qualifying savings or investments - can claim the complete £750 cashback package. However, this substantial reward is only available to those who act before the fast-approaching February deadline.
Banking Executive Comments on the Offer
Carl Watchorn, head of Premier Proposition at HSBC UK, explained the thinking behind the promotion: "For customers with higher incomes and more complex financial lives, the value of banking lies in clarity, confidence and simplicity – especially when time is at a premium."
He added: "HSBC Premier offers tailored support for these needs, plus wealth, health, and travel benefits too. With the current joining incentive nearing its end, this is a natural moment for customers to make the move to Premier."
Beyond the Cashback: Premier Account Benefits
HSBC emphasised that the Premier account offers substantial benefits beyond the temporary cashback incentive. A bank spokesperson stated: "Beyond the incentive, HSBC UK Premier is a full-service banking proposition designed to help you maximise your financial portfolio, whether that is through preferential ISA and savings rates or guidance when diversifying your investments."
The Premier service includes several exclusive features:
- Global account access across multiple countries
- Comprehensive travel and lifestyle benefits
- Exclusive rewards programmes
- Personalised financial guidance and support
- Preferential rates on savings products and ISAs
Time-Sensitive Opportunity
With only fourteen days remaining until the February 23 cutoff, potential customers need to act quickly to secure these cashback offers. The promotion represents a significant financial incentive for those considering switching to HSBC's premium banking service, particularly for individuals with substantial salaries or savings portfolios.
The bank's warning comes as many financial institutions compete for high-net-worth customers through similar incentive programmes, though HSBC's current offer stands out for its substantial £750 maximum reward.
