HSBC Offers Extra Incentive On Its Switching Offer | will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by will always be from Be Scamsmart.

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Derin Clark

Derin Clark

Online Reporter
Published: 20/04/2021

For a limited time, HSBC is enhancing its £125 switching offer so that customers who switch to an HSBC Advance or Premier Current Account can also get a £20 Uber Eats discount.

The £20 Uber Eats voucher offers both new and existing Uber Eats customers a £20 discount on items including delivery charge and can be used in conjunction with other Uber Eats promotions. In addition to this, customers switching to the HSBC Advance or Premier Current Accounts will also receive £125 in cash within 30 days of opening the new account.

In order to be eligible for the £125 cashback and Uber Eats voucher, customers must set up a minimum of two direct debits or standing orders with the new account. As well as this, they must switch to the account using the Current Account Switch Service. More information about the Advance and Premier Current Accounts, as well as additional terms and conditions of the offer, can be found on the HSBC website.

Commenting on the limited Uber Eats voucher offer, Fiona Anderson, head of everyday banking at HSBC UK, said: “Thanks to the recent easing of the lockdown measures, we have more options to safely meet with friends and family in our garden, so whether you decide to invest the £125 cash in your own barbecue and do it yourself, or use the £20 Uber Eats voucher for a timely food delivery, this could be a great way to help celebrate with your nearest and dearest”.

Current switching offers

Consumers looking to earn cashback or incentives by switching bank accounts will find all the current switching offers available below.

Bank and account name Switching offer and requirements* Find out more
HSBC Advance and Premier Bank Account £125 and £20 Uber Eats voucher for new accounts when a minimum of two direct debits or standing orders are switched using the Current Account Switch Service within 30 days of opening. See our bank accounts chart.
Halifax Reward Account or Ultimate Reward Current Account £100 and choice between streaming two movies a month throughout the year worth £120; one free cinema ticket a month at Vue cinemas; a choice of three digital magazines from a host of well-known titles; or £5 a month. Switch must be done using the Current Account Switch Service. See our bank accounts chart.
first direct 1st Account

£100 for accounts switched using the Current Account Switch Service.

Must pay in at least £1,000 within three months.

See our bank accounts chart.
Virgin Money M Plus Account 12 bottles of luxury wine from Virgin Wines and £50 to donate to any Virgin Money Giving charity OR 15,000 Virgin Red points for accounts using the Current Account Switch Service. Customers also need to register for the mobile app, set up two direct debits and pay at least £1,000 into a linked savings account with 31 days of opening the Current Account. See our bank accounts chart.

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Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

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