Offers Banks Barclays vs HSBC UK
Barclays vs HSBC UK switch offer
Barclays pays £150 for switching to the Barclays Bank Account; HSBC UK pays £220 for the HSBC UK Bank Account. They differ on Direct Debits, what you pay in, what else you must do, when it’s paid and who can get it.
Side by side
From each bank’s own terms. What differs comes first; what’s the same is folded below.
| What | Barclays | HSBC UK |
|---|---|---|
| Reward Pocketly counts differs | £150 | £220 |
| The bank’s total differs | Up to £300, the rest month by month | £220 |
| Direct Debits differs | 3 | 2 |
| Pay in differs | Nothing | £2,000 |
| Card, salary or app differs | £2,000 salary, 10 card payments | £500 card spending |
| When it’s paid differs | Paid about 28 working days after you meet the conditions | Paid about 60 days after you meet the conditions |
| Who can get it differs | No open Barclays account when you apply. No Barclays switching reward ever | No HSBC UK or first direct account since 2023 |
| Can’t share a plan with differs | Barclays Premier | first direct, HSBC Premier |
Can I get both?
Pocketly can plan both, one after the other, if your accounts and cash allow it; it works out the order and when each pay-in is needed.
Each bank’s page: Barclays · HSBC UK. Planning tool, not financial advice; each bank’s live terms are final.