Offers Banks first direct vs HSBC UK
first direct vs HSBC UK switch offer
first direct pays £210 for switching to the first direct 1st Account; HSBC UK pays £220 for the HSBC UK Bank Account. They differ on 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 | first direct | HSBC UK |
|---|---|---|
| Reward Pocketly counts differs | £210 | £220 |
| The bank’s total differs | £210 | £220 |
| Pay in differs | £1,000 | £2,000 |
| Card, salary or app differs | 5 card payments, Log in to the app | £500 card spending |
| When it’s paid differs | Paid by the 19th of the month after you meet the conditions | Paid about 60 days after you meet the conditions |
| Who can get it differs | Not opened a HSBC UK account since 2018 | No HSBC UK or first direct account since 2023 |
| Can’t share a plan with differs | HSBC UK, HSBC Premier | first direct, HSBC Premier |
Same for all (2)
| What | first direct | HSBC UK |
|---|---|---|
| Direct Debits | 2 | 2 |
| Monthly fee | None | None |
Can I get both?
Pocketly can’t plan both: the planner finds the two banks’ terms allow one switching reward between them, so it’s one or the other.
Each bank’s page: first direct · HSBC UK. Planning tool, not financial advice; each bank’s live terms are final.