Forums › Payment cards › Other payment cards › HSBC Premier: Eligibility changes for existing customers › Reply To: HSBC Premier: Eligibility changes for existing customers
Yes the stock is > £100k. I actually did it to get Jade some time back. Invest Direct is clunky but does work.
I typed a long and super helpful post and then inadvertently closed the tab because I am an idiot.
The summary is if you have £100k kicking about but bemoan HSBC’s interest rates or funds then you can buy gilts and ETFs on Invest Direct and benefit from low fee ETFs or (for anyone who pays tax) the market leading interest rates offered on low coupon gilts which beats all the best buys after adjusting for the tax not paid.
The £42 annual fee is 0.04% of your £100k so is a rounding error to have the benefits of HSBC Premier.
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