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HSBC UK unveils £500 Selfridges VIP shopping experience for Premier switchers

HSBC is targeting high-net-worth clients with a retail incentive that complements its February relaunch of the Premier account.

Overview

  • The promotion grants a VIP shopping experience at Selfridges, including a £500 gift card and exclusive in-store perks.
  • The offer excludes existing HSBC and First Direct current account holders and is open to UK residents earning £100,000 or more who complete a full switch via the Current Account Switch Service.
  • Full switches must be completed by August 12, 2025, and claim instructions will be emailed from November 9.
  • HSBC’s Premier account, relaunched in February, bundles digital GP and mental health services through the HSBC Health App, free worldwide family travel insurance and preferential foreign exchange rates.
  • It follows Lloyds Bank’s launch of its own Premier account earlier this month, intensifying competition for high-net-worth customers.