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HSBC ADVANCE
HSBC Advance (Current Account)
        
HSBC Advance could provide you with up to 500 of benefits and services a year for 6 a month for the first three months from account opening, after which you will pay the full monthly price, currently 12.95. HSBC Advance has a minimum initial 12 months contract, then renewable monthly.
Location: UK
Account Name: HSBC Advance
Advantages:
1. Worldwide Travel Insurance for you and your family - Policy terms and conditions apply. Only available for customers under the age of 70 and provided by Aviva Insurance UK Limited.
2. Roadside Breakdown Assistance - Policy terms and conditions apply. Underwritten by Mondial Assistance Europe N.V.
3. ID theft and personal safety assistance provided by Red24.
4. Life Cover of 3,000 Available for customers under the age of 65. Policy terms and conditions apply and provided by HSBC Life (UK) Limited.
5. Text banking only available to UK residents
6. Dedicated HSBC Advance specialists on hand 24/7
7. Preferential overdraft rate of 17.9% EAR variable. Subject to status
8. Preferential terms on savings and mortgages
9. Money-saving travel and leisure offers
Disadvantages:
1. You will pay the full monthly price, currently 12.95, after 3 months.
2. No partial withdrawals are allowed during the fixed rate period.
3. The maximum balance starts at 250 in month one and then increases by 250 each month thereafter.
Services:
1. You can save from 25 to 250 in the first month, then make regular payments up to the maximum monthly balance. The maximum balance starts at 250 in month one and then increases by 250 each month thereafter. Interest is calculated daily and paid when your account matures. No partial withdrawals are allowed during the fixed rate period.
2. You will need to give one month's notice and pay the usual account fee for that month when terminating this accout.

Interest AER: 8% (Fixed for 12 months)Interest Gross: 8% (Fixed for 12 months)
Interest Paid: MaturityMinimum Income: 0
Overdraft Rate: 17%
Banking Charges: Discretionary policies apply
Service Charges: 12.95
Account Access: Online, Branch, Tel, Post
Withdrawal Access: Online, ATM, Post, Branch, Tel

Free Banking: NoDebit Card: Yes
Cheque Guarantee Card: NoStanding Orders: No
Direct Debits: YesOverdraft Facility: Yes
Account Manager: No

Conditions:
Minimum age 18
Features:
1. HSBC Advance has an initial 12 month contract and is then renewable monthly
2. Text and Mobile Banking on the move.
3. Worldwide Travel Insurance for customers aged up to the age of 70, provided by Aviva Insurance UK Limited.
4. Roadside Breakdown Assistance 24 hours a day for eligible vehicles less than 15 years old. Provided by the Mondial Assistance Europe N V. and administered by Mondial Assistance (UK) Limited.
5. Life Cover/Accidental Death benefit with 3000 benefit provided by HSBC Life (UK) Limited.
6. 24/7 Identity Theft Assistance with red24. Immediate safety advice and ID theft assistance by phone, for help in any situation or emergency.
7. An initial 12 month contract which is renewable monthly afterwards
Introductions and Offers:
1. 6 a month for the first three months from account opening.
Terms and Conditions:
1. Only available to residents of the UK, the Channel Islands or the Isle of Man.
2. You must be over 18 years old.
        
REVIEWS
HSBC Advance (Which Way To Pay - 22/3/2010)
HSBC Advance is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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