HSBC · Current account

Premier Bank Account

No annual fee

Fee-free Premier banking with Aviva worldwide family travel insurance, online health services and HSBC international banking.

Apply via official site

Perks & estimated value

Worldwide travel insurance
Aviva worldwide family travel insurance
Application required; age limit 70 at trip start
£200/yr
Health & wellbeing (digital GP)
Online health services
Digital GP, physio, mental health, annual health check, 2 second opinions
£250/yr
Travel extras & concierge
International banking & emergency cash abroad
Global View, fee-free own-account transfers, emergency cash
£50/yr
Dining & lifestyle credit
home&Away lifestyle offers
Partner offers vary
£30/yr

Key terms

Travel insurance requires application and acceptance; age limit 70 at trip start for holder and partner. Premier World Elite Mastercard is a separate credit card, not included.

Fee breakdown

Annual fee: Free — £0
Monthly equivalent: £0.00
Representative APR: n/a
FX fee: Fees waived on specified Global Money transfers
Total perk value: £530
Net annual value (all perks): £530

Offer & eligibility

Welcome bonus: £500 welcome reward via qualifying salary/switch or savings/investments route.

Current offer: Open before offer withdrawal. Within 90 days of opening, either complete a full CASS switch and pay in £100,000+ annual salary (FAQ equivalent £5,100/month), OR bring and maintain £100,000+ qualifying savings/investments (no CASS needed). UK resident 18+; no HSBC UK or first direct current account held on/after 1 January 2025. Staff-only/international-Premier-only eligibility excluded. One reward per person/account; paid within 70 days of meeting criteria while eligibility continues. FAQ: https://www.hsbc.co.uk/content/dam/hsbc/gb/pdf/promotions/premier-welcome-reward-faqs-revised-sept-26.pdf . Checked 18 October 2026.

Eligibility: £100,000 individual income paid into HSBC, £100,000 HSBC savings/investments, or HSBC Premier status abroad. 18+, UK resident.