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Advance Bank Account

HSBC UK

About this product

HSBC Advance provides everyday banking with no monthly account fee, customer-only products and an optional arranged overdraft subject to status. Account eligibility applies; check the official account page for any current offers.

Advantages

  • Large UK and international banking network
  • No standard monthly account fee

Things to consider

  • To apply, you must qualify for an optional arranged overdraft of at least £1,000; other eligibility conditions apply
  • Overdraft pricing varies by applicant

Regulation and protection

Authorised by the Prudential Regulation Authority and regulated by the FCA and PRA. Eligible deposits are protected by the FSCS up to £120,000 per eligible person, per authorised firm. Accounts sharing a banking licence share this limit.

Information is educational and may change. Confirm current rates, fees, eligibility and protection directly with the provider.