Anyone meeting criteria between now and May 11 will get the money
HSBC UK is offering customers up to £500 cashback for depositing and/or transferring new funds into a cash ISA and/or a Stocks & Shares ISA this spring. The bank said the offer was part of its “wider commitment to help people build long-term wealth and make the most of their tax-free savings allowances”.
From now until to May 11, 2026, new and existing customers who deposit and/or transfer at least £20,000 into an eligible HSBC ISA can receive a cash payment of up to £500, direct to their bank account.
The tiered incentive is based on the total amount of new funds added during the offer period, which runs across the current and next tax years:
- Those depositing £20,000 – £49,999 will get £150 into their HSBC current account
- Those depositing £50,000 – £99,999 will get £250 into their HSBC current account
- Those depositing £100,000+ will get £500 into their HSBC current account
Customers can combine deposits and ISA transfers across eligible accounts to reach the qualifying threshold. Customers are also able to add additional funds throughout the offer period, helping customers to maximise their ISA allowance from both this tax year and next.
The offer applies to the HSBC Loyalty Cash ISA, HSBC Fixed Rate Cash ISA and HSBC Stocks & Shares ISA.
Lloyd Robson, head of savings at HSBC UK, said: “Building wealth doesn’t happen overnight, it’s about making consistent, informed decisions over time. ISAs remain one of the most effective ways for customers to grow their money tax-efficiently, whether they’re saving or investing.
“Our Build It, Bank It offer is designed to give customers an additional boost as they take positive steps to strengthen their financial future. Whether people choose to save the cash or spend it, we’re helping make wealth-building more rewarding.”
To qualify, customers must deposit or transfer new funds not previously held with HSBC before March 9, 2026.
Withdrawals before the reward is paid may reduce eligibility.
Rewards will be paid into a HSBC Bank Account by September 30, 2026, subject to terms and conditions.
