Get £500 for switching your current account to HSBC Premier

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• Nigerian Prince says:

  1 Jun1 June 08:55

  anyone with experience with how strict will HSBC enforce paying salary into hsbc account? I have other 2 accounts that require same thing

  • Joephe says:

    1 Jun1 June 10:00

    I tried opening a HSBC Premier account by opening a HSBC normal account and doing a manual transfer of my salary from my Barclays account to meet the income criteria.

    My request to upgrade the HSBC account to Premier was rejected on the basis that the salary wasn’t paid directly from my employer into the account, so HSBC seem quite strict on this point.

  • sloth says:

    1 Jun1 June 12:32

    Whether they are stricter on the back of this offer who can say atm…but I’ve had HSBC Prem for 6/7 years and have only paid in 3.6k a month from another account. They have never queried it

• Dan says:

  1 Jun1 June 09:28

  If it’s a joint account you want to switch, does anyone know if HSBC will take into account all BACS payments (i.e. both yours and your partners salary) ?

  • executiveclubber says:

    1 Jun1 June 09:53

    Each person needs to earn £100k afaik

  • stevenhp1987 says:

    1 Jun1 June 10:12

    Under eligibility criteria:

    “For the income criteria, in the case of a joint account, at least one of the parties must have an individual annual income of at least £100,000.”

    • D says:

      1 Jun1 June 11:32

      This, my account is joint.

      • Dan says:

        1 Jun1 June 19:25

        Thanks all, worth asking 🙂

• David S says:

  1 Jun1 June 09:33

  The rebranded hotels at Salgados look great. The area is between Armacao de Pera and Gale. Maps doesn’t have all the new names on it yet only the Marriott and the Westin. The hotel nearest the beach looks very impressive so I’m guessing that will be the Kimpton. Full of Cabanas and huge Palm Trees. Fish Restaurants in this area are great.

  • BlairWaldorfSalads says:

    1 Jun1 June 10:06

    The Kimpton is the one with the two circular pools

• ChrD says:

  1 Jun1 June 10:09

  I’m beginning to think the HSBC Premier Rewards credit card is quite underrated. Although it’s very expensive and I’d be duplicating on lounge access and travel insurance from the Amex Platinum, the earning rate is extremely high – and more importantly, it earns miles which are otherwise very hard to get hold of in the UK and at a higher rate than the Amex Gold (SQ, CX, EK, EY, etc).

  • SM says:

    1 Jun1 June 20:42

    Agree, reapplied for one last week. Plan to cancel Barclays avios card, the voucher is pretty useless for long haul travel especially in J, unless of course one has flexibility on travel dates. Moreover the constant devaluation of Avios has made me want to switch to other FFP. For this summer for e.g. had better value transferring from MR to VS than using 2 vouchers for a family of 4 in J OW.

• BlairWaldorfSalad says:

  1 Jun1 June 10:09

  That use of Resort at the end of both Marriott properties would give me cause for concern. I would await early reports from others on recognition of benefits before booking.

• Tiberius says:

  1 Jun1 June 11:07

  I’ve had my barclays debit card since iy was my first accounta I opened aged 11 so attach a lot of sentimental value to that account – probably not £500s worth of value though… Great incentive from hsbc

  • david says:

    1 Jun1 June 12:28

    open a dummy acc, transfer hsbc into that.

• Russell says:

  1 Jun1 June 11:15

  HSBC offer seems remarkably generous if it comes through. I’m going to give it a go, switching from NatWest.

  For those asking about Barclays Premier with Avios bolt on – I have this, and I manually transfer funds into it each month to meet the criteria (rather than salary payment). They never seem to mind.

• dan_a_man says:

  1 Jun1 June 14:05

  I’ve had the Salgados Marriott booked mid October for a golf trip and looks good on the pictures, whereas initial reviews are mixed with service sai to be pretty poor while hard product pretty good. Will have to see – for those with similar ideas, you can book the Salgados Golf Course for just 52 euros for 18 holes if you are staying at a Marriott property in the area, which is roughly half of most half decent golf courses in the region and this one only just got renovated apparently. Interestingly, I think the Marriott and/or Westin can also be booked via Marriott Stars? Maybe emyr?

This article is closed to new comments. Feel free to ask your question in the HfP forums.