Both HSBC and its subsidiary First Direct have jumped on the cashback statement credit bandwagon. This is excellent news for readers who bank with either of these groups – which includes myself – as there is a good opportunity to save some money on your travel and general spending.
There is one particular difference between the First Direct / HSBC cashback offers and those offered by American Express. You do not need to register for each individual offer with HSBC. Once you are signed up to the cashback website, that’s it. You will receive a statement credit regardless – you may even find yourself receiving money unexpectedly!
How to register
This is very simple.
You need to verify your email address and then submit your Visa card number from your credit or debit card. That’s it.
Here are some sample offers
The offers appear the same for most people, with possibly some regional tailoring based on your address.
The following travel deals currently show for me:
10% back when you spend £75 at a UK Hilton (includes Hampton etc) – expires 28th September
£8 back on your first Uber ride – expires 22nd September (but this is worse than the Head for Points exclusive offer of £15 off your first ride – details here)
10% back at Europcar – expires 21st September
12% back at Airport Hotels & Parking – expires 21st September
To be honest, these are not hugely generous. However, some of the general High Street deals ARE good:
£5 back when you spend £40 at Esso – expires 28th September (remember that you earn Avios at Esso via Clubcard)
£10 back when you spend £40 at Lidl – expires 28th September
£5 back when you spend £30 at Boots – expires 28th September
£10 back when you spend £40 at H&M – expires 28th September
£3 back when you spend £8 at Costa – expires 28th September
…… amongst other deals.
Remember that HSBC has two attractive Avios earning credit cards exclusively for HSBC Premier customers. Amusingly, though, these are both MasterCard products (the free HSBC Premier card is reviewed here, the £195 HSBC Premier World Elite card is reviewed here) and so don’t qualify for these offers!
Want to earn more points from credit cards? – August 2022 update
If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.
EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable card perk – the 2-4-1 voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
60,000 points, £200 travel credit and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and 1.5 points for every £1 you spend Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers:
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
10,500 points bonus – the most generous Avios Visa for a limited company Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.