What Are HSBC Advance Members Benefits?

This blog addresses the question “What are HSBC Advance Members Benefits?” Upgrading to HSBC Advance provides members with swift access to cash and credit in a huge variety of global markets.  You can manage your HSBC Advance membership privileges from the HSBC UK Mobile Banking App.

What Are HSBC Advance Members Benefits?

You will unlock the following benefits by upgrading to HSBC advance: 

  • A minimum overdraft offer of £1000 when you open your HSBC Advance bank account
  • No monthly account fee
  • You can transfer money to 30 countries globally, the credit transfer limit for this transaction is $200,000
  • The Current Account Switch Service transfers your account details from one HSBC bank to another one.
  • The ability to open accounts globally at half the price and get your HSBC account credit history transferred to that bank account
  • A £ 500 daily limit for withdrawals from ATMs or cash machines
  • Be able to withdraw cash from anywhere in the world without any HSBC foreign transaction fees
  • Reduced overdraft interest rates for a variety of savings accounts
  • Being able to transfer finances seamlessly between your globally linked accounts with HBSC Global View.
  • Emergency cash transfer up to a limit of $10000 to any international HSBC branch
  • Cashback rewards paid out on the 22nd of each month
  • 10% interest cashback (at the end ) on personal loans valued between £7000 and £15000. This loan is charged at a 3.3% Annual Personal Rate. The personal loan can be taken out for a duration of between 1 to 5 years.
  • Smart Money tools make it easier to manage your expenses and help you avoid accumulating debt. These tools send you instant notifications when money is withdrawn from or deposited into your account, help you to manage your income and expenses better by calculating how much you have remaining after your bills have been paid. 

You are also given the option to freeze your card through the Smart Money tools app if you have lost it.

  • With an advance account, you can build your savings with a regular saver account
  • With the HSBC Home and Away programme avail discounts at retailers such as Costa Coffee, ASOS, and Not On The High Street

What is the full range of discounts I can avail of from the HSBC Home and Away Programme?

You can get discounts through the HSBC Home and Away Programme when spending at the following retailers:

  • Upto 50% off on Sadhana Live subscriptions
  • Upto 50% off on monthly and yearly subscriptions at the Fitness App
  • Upto 15% off at Devarana Spa
  • Upto 15% off on Planet Friendly Products at WWF uk
  • Upto 8% off on Bridgestone Tyres
  • Upto 10% off on Roses Only purchases, in Singapore
  • Upto 10% off on Roses Only purchases, in Australia
  • Upto 10% off on Roses Only purchases in the UK
  • Upto 20% off at Chow Tai Fook
  • Upto 10% off on e-gift card purchases at Clarks
  • Upto 20% off on planet friendly period care at TOTM
  • 5-15% off on some products from Optissimo Ltd
  • Upto 10% off on Deco Fete
  • Upto 10% off at the Hong Kong Store
  • Upto 10% off on all items at Mirror Mirror
  • Upto 20% off your total purchase at UpCircle Beauty
  • Upto 20% off on Ren Skincare plus free shipping
  • Upto 12% off on food at Eureka Table D’Hote
  • Upto 25% off your total bill at Prezzo
  • Upto 10% off at Hotel Golden Dragon – KinJu Japanese restaurant in Macau
  • Upto 8% off at Panarottis Pizza
  • Upto 8 % off at Apache Spur
  • Upto 8 % off on Mugg and Bean
  • Upto 10% off at Tromba Rija
  • Upto 10% off on Wine tours and Wine travel with Winerist
  • Upto 8% off at Kegg and Marlin
  • Upto 10% cashback on hotel bookings at booking.com
  • 20 % off on the Best Rate Guaranteed for Dusit Hotels and Resorts (the lowest possible booking rate for the day)
  • Upto 10% off on bookings with onefinestay.com
  • Mazano Resorts offers 20% off on accommodation at any time of the year 
  • Montana Resorts offers a 20% discount on accommodation all year round
  • A complimentary bottle of wine and a free upgrade is given to HSBC members at Hotel Legado Milica Salta, Argentina
  • A 10% discount on the base rate at Casa Calma Hotel
  • Upto 8 % off on online lessons at Tutopiya
  • Upto 12% off on online lessons at Tutopiya
  • Merlin Entertainment UK offers upto 20 % off on London Dungeon scream and spirits
  • Grand Melia Chengdu (hotel) offers the Best Available Rate, RMB 600 consumption allowance at all food and beverage outlets and a free upgrade to the next room level category for HBSC Members
  • Merlin Entertainment UK offers upto 20% off at Madame Tussauds Blackpool
  • Encore Tickets offers upto 30 % off on Romeo and Juliet (Her Musical)
  • Merlin Entertainment UK offers upto 20% off on visits to Thorpe Park Resort
  • Merlin Entertainment UK offers upto 20% on standard tickets for Shrek’s Adventure
  • Scott Cinemas offers upto 40% off on cinema voucher for HSBC members
  • Empire Cinemas offers upto 40 % off on cinema voucher for HSBC members
  • Showcase Cinemas offers upto 40% off on cinema voucher for HSBC members
  • Odeon Cinemas offers upto 40% off on cinema voucher for HSBC members.
  • Upto 20% off on home movies with Chili
  • Reel Cinemas offers upto 40% off on cinema voucher for HSBC members

What are HSBC Rewards Points?

You can accumulate and use HSBC Reward points with your HSBC Advance account through the Mastercard Pay with rewards scheme. The Mastercard Pay with rewards programme only allows you to redeem points through the Rewards App or the Pay with rewards website. Once you have registered with Mastercard Pay with rewards, you will be able to view your account balance, merchant offers and learn how to spend your points.

You can earn upto 10 points on every £1 you spend at selected outlets and 1 point for every £5 you spend elsewhere. On your first transaction, you will earn 2500 welcome points (which are worth £25) If you spend more than £10,000 in your first year on your card, as a member, you will receive 2500 anniversary points.

You will be required to activate the “next purchase” option to use your earned points for the next transaction you make. If you continue to use your HSBC Advance Account the way your normally would, the cash equivalent of your reward point will be credited to your account.

For every £500 you spend, you’ll have £1 of points to use. You can earn HSBC reward points anywhere where MasterCard is accepted. This applies to payments you make online and purchases made by using your HSBC credit card abroad. Points can also be earned on recurring payments with your card such as utility bills or monthly subscriptions.

You won’t be able to earn or use your earned HSBC reward points if you have breached your credit card agreement, HSBC has suspended or cancelled your right to use your credit car or HSBC hasn’t renewed your credit card. Your HSBC reward points may also be blocked if you are suspected of any criminal or fraudulent activity in your finances or financial transactions.

What is HSBC Global View?

HSBC Global view is a service activated on your HSBC Advance Account. If you are an HSBC Advance Account holder you can activate this service online by clicking here

You can also access the HSBC Global Money Account from your HSBC Advance membership. With the HSBC Global Money account, you can view, transfer and manage money like a domestic inhabitant of any country in the world. With your HSBC mobile banking app, you can store finances in up to 19 different currencies.

The 19 different currencies you can make payments in from your HSBC Global Money Account include:

  •  GBP (Pound Sterling)
  • USD (US Dollar)
  • CAD (Canadian Dollar)
  • JPY (Japanese Yen)
  • PLN (Polish Zloty)
  • CZK (Czech Koruna)
  • CNY (Chinese Yuan Reminbi)
  • EUR (Euro)
  • NOK (Norwegian Krone)
  • DKK (Danish Krone)
  • SEK (Swedish Krona)
  • HKD (Hong Kong Dollar)
  • CHF (Swiss Franc)
  • AED (UAE Dirham)
  • THB (Thai Baht)
  • SGD (Singapore Dollar)
  • AUD (Australian Dollar)
  • ZAR (South African Rand)
  • NZD (New Zealand Dollar)

What are the benefits of using the HSBC Advance Visa Debit Card?

Benefits of the HSBC Advance Visa Debit Card include:

  • Paying your bills online by using your credit card
  • Discounts when paying for fuel with your credit card

To apply for an HSBC Advance Members Account you must be aged over 18 years, be a UK or EU resident, and are eligible for an arranged overdraft of a minimum of £1000. You must also be able to provide your government ID and proof of address documents if required to do so. For UK residents there is also a credit check you have to go through before applying for this upgrade.


This blog post addressed the question “What are HSBC Advance Member’s Benefits?” The most important benefits of your HSBC Advance account include having no monthly account fee, being able to take out cash from anywhere in the world without incurring foreign transaction charges, and an emergency cash transfer limit of $10,000 on international remittals.

Please feel free to comment on the content or ask any questions in the comments section below :

Frequently Asked Questions (FAQs) : What Are HSBC Advance Members Benefits?

How Can I Use My Award Points If I am about to reach or have reached my credit limit?

In case you run out of credit to pay for the entire purchase price of an item you will surpass your credit limit. There is no fallback option if you breach your credit card limit and a penalty fee will automatically be charged. You must ensure that you are aware of your credit card purchase limit when you are buying things with it.

The full price of a sales commodity which can be paid for by using your credit card is billed for on the card. So before taking out your payment card for purchasing an item or even heading out to the store, you should have calculated the spending bill for your day.

The award points on your HSBC credit card need to be converted to cash and refunded to your account before they can be used on your next purchase. This refund is a slow process and may take 2 to 3 days. It is certainly not advisable to overrun your credit limit while using your HSBC credit card.

What is Pay with Rewards?

Pay with Rewards is an offer by Mastercard which allows HSBC Advance (and other) Account holders who earn Reward points on their credit cards to use these points to pay for purchases.

This includes in store and online purchases, and it applies to global transactions as well as local ones.

How do I start using the HSBC UK Mobile App?

To use the HSBC UK mobile app on your android phone, you first need to download it from the google play store or the app store on your phone. You will need to set a 4 digit passcode on the app. To use the HSBC Rewards feature you will need to enter your HSBC Rewards card number and follow the instructions given in the app. 

The Home Screen Menu will display your rewards point balance, the cash equivalence of your current rewards point balance and the status of your Pay with Rewards account. Now tap the next purchase and proceed to configure your Pay with Rewards account. Pay with Rewards supports Android 2.3 and above.