HSBC UK vs RBS switch offer
HSBC UK pays £220 for switching to the HSBC UK Bank Account; RBS pays £200 for the RBS Select 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 | HSBC UK | RBS |
|---|---|---|
| Reward Pocketly counts differs | £220 | £200 |
| The bank’s total differs | £220 | £200 |
| Direct Debits differs | 2 | None |
| Pay in differs | £2,000 | £1,250 |
| Card, salary or app differs | £500 card spending | Log in to the app |
| When it’s paid differs | Paid about 60 days after you meet the conditions | Paid about 30 days after you meet the conditions |
| Who can get it differs | No HSBC UK or first direct account since 2023 | No NatWest, RBS or Ulster Bank switching reward ever |
| Can’t share a plan with differs | first direct, HSBC Premier | NatWest Premier, NatWest |
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: HSBC UK · RBS. Planning tool, not financial advice; each bank’s live terms are final.