HSBC UK gives ‘VIP expertise’ price over £500 for wealthy prospects

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Your help makes all of the distinction. Learn extra HSBC UK is providing a "VIP purchasing expertise" at Selfridges shops to new Premier prospects, intensifying competitors amongst main banks to draw prosperous shoppers.

The promotion features a £500 present card and different perks for many who meet particular standards, equivalent to incomes a wage of £100,000 or extra.

To qualify, prospects should absolutely swap to the financial institution’s Premier account utilizing the Present Account Swap Service (Cass). HSBC relaunched its Premier account in February.

The financial institution stated the account offers qualifying prospects entry to new and enhanced advantages targeted on key themes of wealth, worldwide, journey and well being.

“Now we have redesigned our Premier providing to make sure our perks and advantages echo what our prospects need from a premium checking account, all nonetheless with no month-to-month price,” Sabine Fichaux, head of buyer propositions at HSBC UK, stated.

The “restricted time” switching provide excludes present HSBC and First Direct present account prospects and is offered to UK residents solely.

Full switches utilizing Cass should be accomplished by 12 August, 2025. Eligible prospects shall be despatched an electronic mail on or after 9 November, 2025 to say their present card.

<img src="https://static.independent.co.uk/2025/05/21/12/0ab167546f3e6cdedc5f6453509410caY29udGVudHNlYXJjaGFwaSwxNzQ3OTEyNTQz-2.36900935.jpg" srcset="https://static.independent.co.uk/2025/05/21/12/0ab167546f3e6cdedc5f6453509410caY29udGVudHNlYXJjaGFwaSwxNzQ3OTEyNTQz-2.36900935.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2025/05/21/12/0ab167546f3e6cdedc5f6453509410caY29udGVudHNlYXJjaGFwaSwxNzQ3OTEyNTQz-2.36900935.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="The Lloyds Premier account offers GP and wellbeing services, and lifestyle benefits" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> open picture in gallery

The Lloyds Premier account gives GP and wellbeing providers, and way of life advantages (PA Archive) Final week, Lloyds Financial institution launched an account aimed toward individuals with revenue or belongings of greater than £100,000.

Lloyds’ provide of an account combining monetary perks with “premium way of life providers” is a part of its strikes to develop its presence on this a part of the market.

The Lloyds Premier account gives GP and wellbeing providers, way of life advantages, journey perks, cashback, discounted mortgage charges and appointments with monetary coaches, amongst its advantages.

The account may also provide prospects “ready-made funding portfolios with zero administration charges for the primary 12 months”.

The deal additionally gives a “Premier planning hub” inside the cell app, providing instruments equivalent to a “internet price calculator” and “wealth forecasting”.