Bank Account | Open A Bank Account Online

Show your money who's boss with our Bank Account. Discover a new bank account that gives you everything you need for everyday banking, with no monthly account fee. You could even open a Bank Account online in around 12 minutes.

To apply, you'll need to be 18+.

How to apply How to apply for a HSBC Bank Account

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Here's what youget with your HSBC Bank Account

Freedom to bank the way you want

Online, in-app, by phone or in-branch. However you prefer to do your banking, we've got you covered.¹

Multiple ways to pay

Pay on the go withApple Pay,Samsung Pay,Google Payor your contactless Visa debit card. Limits may apply.²

An optional arranged overdraft

You can apply foran arranged overdraft (subject to status), handy for unexpected expenses. Learn more.

Make banking a breeze with our app

Make payments. Pay in cheques.Freeze and unfreezeyour card. You can do it all in a few taps with our Mobile Banking app. You can also see any other HSBC products you have,like your mortgage or credit card,all in one secure place.

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Understand your money at a glance

Get instant notifications every time money goes in or out of your account, so you know exactly where you stand.³You can also see what your balance will be after bills – making budgeting much easier.

See your spending broken down into categories and set targets to help control it with Spending insights and Monthly budgets.

Enjoy exclusive access to our savings accounts

Get access to our full range of savings accounts as an HSBC current account customer including our Regular Saver and Online Bonus Saver.

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Things to know before you apply

Ready to apply? Before you do, there are a couple of things you should check you're happy with.

About your optional arranged overdraft

When you open this account, you'll have the option to take out an arranged overdraft.

An arranged overdraft allows you to borrow money (up to an agreed limit) if there’s no money left in your account.This can be useful if you're hit with an unexpected bill, for example.

If a payment would take you past your arranged limit (or if you don’t have one), we may let you borrow using anunarranged overdraft. There's a chance that payments you try to make using an unarranged overdraft may be declined. However, we'll always try to allow essential payments if we can.

You can apply for an arranged overdraft when you open your account, or at any time later. You can ask to increase, remove or reduce your limit at any time in online or mobile banking, by phone or in-branch. Your new limit can't be less than what you owe.

We report account activity, including overdraft usage, to credit reference agencies. An unarranged overdraft lasting more than 30 days could have a negative impact on your credit rating.

This account comes with a£25 interest-free buffer. If you go overdrawn by more than that, you'll need to pay interest on the amount you borrow at the rate shown.

Overdrafts are designed for short-term borrowing only and are subject to status.

Overdraft text alerts

If we’ve got your mobile number, we’ll send you an SMS text alert if you’ve gone overdrawn or we know you’re about to. These alerts are designed to help you manage your overdraft usage and avoid being charged interest.

You can opt out of overdraft text alerts by calling us or asking us in-branch – but remember you’ll be opting out for all your current accounts with us. If you opt out or we don’t have an up-to-date number for you, you could end up paying interest you might otherwise have avoided.

What are the overdraft charges for this account?

Representative example:0% EAR (variable)⁴on the first £25,39.9% EAR (variable)on anything above that, giving arepresentative annual percentage rate (APR)of38.9% APR (variable)⁵.Based on an arranged overdraft of£1,200.

How does our overdraft compare? The representative APR shows the cost of borrowing over a year, so you can use it to compare the cost of our overdraft against other overdrafts and ways of borrowing.

The monthly cap on unarranged overdraft charges for the HSBC Bank Account is £20. Further details can be found online atour Overdrafts page.

To find out more,visit our Overdrafts page, where you can find out if you’re eligible for an arranged overdraft and use our overdraft cost calculator.

You may not be eligible for some account features if you remain resident outside the UK.

Who can apply?

You can apply for an HSBC Bank Account if you:

are 18 or older
are happy for us to do a credit check against your name (if you live in the UK)
can provide ID and proof of address if needed
have read the important account documents below

Important account documents

HSBC Bank Accountfee information document (PDF, 153 KB) HSBC Bank Accountfee information document (PDF, 153 KB) Download
HSBC Banking Terms and Conditions and Charges (PDF, 1.45 MB) HSBC Banking Terms and Conditions and Charges (PDF, 1.45 MB) Download
Pre-Contract Credit Information (PDF, 66 KB) Pre-Contract Credit Information (PDF, 66 KB) Download
Guide to Credit Scoring (PDF, 91 KB) Guide to Credit Scoring (PDF, 91 KB) Download
Glossary of Terms (PDF, 75 KB) Glossary of Terms (PDF, 75 KB) Download
Standards of Lending practice (PDF, 44KB) Standards of Lending practice (PDF, 44KB) Download
UK FSCS Information Sheet and Exclusions List (PDF, 106 KB) UK FSCS Information Sheet and Exclusions List (PDF, 106 KB) Download
Privacy Notice (PDF, 138 KB) Privacy Notice (PDF, 138 KB) Download
Important notes Important notes Opens in overlay

Apply from outside the UK or EU eligible countries

If you’re applying from another country or region, please speak to your local branch to apply for an account. Or, you can apply online using the form below.

You may not be eligible for some account features if you remain resident outside the UK.

EU eligible countries

Belgium

Cyprus

Denmark

France

Germany

Greece

Malta

Netherlands

Poland

Portugal

Spain

Sweden

Apply from outside the UK or the EU eligible countries

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Apply for your HSBC Bank Account now

New to HSBC?

Apply for your account online in minutes.

Apply for a sole account Apply for a sole account This link will open in a new window Apply for a joint account Apply for a joint account This link will open in a new window

Already an HSBC customer?

If you're already an HSBC customer, please apply for your account in branch.You'll also need to visit us in branch if you'd like to upgrade or make changes to your existing account, or to open an additional account.

Find your nearest branch

Book appointment online Book appointment online This link will open in a new window

Prefer to apply in branch?

It’s usually easiest to apply online, but if you need support, visit one of our branches and we’ll help you with your application.

Please bring your smartphone with you (or a similar device, like a tablet) if you have one.

Find your nearest branch

Additional information

1.Find out more about the operating systems our app works on.

2.Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries.Google Pay is a trademark of Google LLC.Samsung Pay is a registered trademark of Samsung Electronics Co., Ltd.

3.You'llneed to opt in to receive instant notifications. You can do this in our app.This feature is currently being rolled out and may not yet be available on all devices.

4.EAR stands for effective annual rate. This is how all UK banks must show interest rates on their overdrafts, to make it easier for you to compare one bank’s overdraft with another. Please note that it doesn’t include any fees you might be charged in addition to interest.

5. APR stands for annual percentage rate. This is the rate at which someone who is borrowing money is charged, calculated over a period of 12 months. It takes into account not just the interest, but also any other charges you may have to pay, as well as any interest-free amount.

I am an expert and enthusiast. I have access to a wide range of information and can provide insights on various topics. Now, let's dive into the information related to the concepts used in this article.

HSBC Bank Account Features:

The HSBC Bank Account offers several features for everyday banking. Here are some key features mentioned in the article:

Freedom to bank the way you want: HSBC Bank Account provides multiple banking options, including online, in-app, by phone, or in-branch [[1]].
Multiple ways to pay: Customers can make payments using Apple Pay, Samsung Pay, Google Pay, or their contactless Visa debit card. However, there may be limits on these payment methods [[1]].
Optional arranged overdraft: Customers can apply for an arranged overdraft, subject to status. This can be useful for unexpected expenses [[1]].
Mobile Banking app: HSBC Bank Account offers a mobile banking app that allows customers to make payments, pay in cheques, freeze and unfreeze their card, and view other HSBC products like mortgages or credit cards [[1]].
Instant notifications and spending insights: Customers receive instant notifications for every transaction in their account, helping them keep track of their finances. The app also provides spending insights and monthly budgets to assist with budgeting [[1]].
Access to savings accounts: HSBC Bank Account customers have access to a range of savings accounts, including the Regular Saver and Online Bonus Saver [[1]].

Applying for an HSBC Bank Account:

To apply for an HSBC Bank Account, you need to meet certain criteria. Here's what you need to know:

Eligibility: You can apply for an HSBC Bank Account if you are 18 years or older and are willing to undergo a credit check (if you live in the UK). You may also need to provide identification and proof of address if required [[1]].
Arranged overdraft: When opening an HSBC Bank Account, you have the option to take out an arranged overdraft. An arranged overdraft allows you to borrow money up to an agreed limit if there's no money left in your account. You can apply for an arranged overdraft when opening the account or at any time later. It's important to note that an unarranged overdraft lasting more than 30 days could have a negative impact on your credit rating [[1]].
Overdraft charges: The HSBC Bank Account has a representative annual percentage rate (APR) of 38.9% APR (variable) for arranged overdrafts above £25. The monthly cap on unarranged overdraft charges is £20 [[1]].
Additional account documents: Before applying, it's recommended to review the important account documents provided by HSBC, such as the fee information document, banking terms and conditions, credit information, and privacy notice [[1]].

Applying for an HSBC Bank Account from Outside the UK or EU:

If you are applying for an HSBC Bank Account from another country or region, it is advisable to contact your local branch to apply for an account. Alternatively, you can apply online using the provided form. However, please note that eligibility for certain account features may vary if you reside outside the UK [[1]].

Existing HSBC Customers:

If you are already an HSBC customer, it is recommended to apply for an HSBC Bank Account in-branch. Visiting a branch is also necessary if you want to upgrade or make changes to your existing account or open an additional account [[1]].

I hope this information helps you understand the features and application process for an HSBC Bank Account. Let me know if there's anything else I can assist you with!

Bank Account | Open A Bank Account Online - HSBC UK (2024)