Read our guide on the best money transfer credit cards in the UK right now, including info on fees, interest rates and more.
Thinking of opening an HSBC Advance account, or just signed up? You’ll need to know what you’ll get with your new account. And one of the most important is your debit card.
In this guide, we’ll run through everything you need to know about the HSBC Advance debit card. This includes where you can use it, whether there are any fees and how to manage your card.
We’ll also look at how the card works abroad. If you’re looking for a low-cost way to spend, shop and withdraw cash overseas, the Wise card could be the ideal alternative.
We’ll show you how it works later. For now, let’s get back to the HSBC Advance debit card.
To get the HSBC Advance debit card, you’ll need to open an HSBC Advance current account. This offers all the features and services you’d need for everyday banking, for no monthly fee.
- Access to the HSBC mobile banking app. You can also manage your account through online, phone or in-branch banking.
- Access to a Regular Saver account offering an interest rate of 5% AER/gross - save between £25 and £250 a month for a fixed 12-month term.
- Optional arranged overdraft with a minimum of £1,000
- Discounts on shopping, travel, dining and experiences with the home&Away offers programme
- Free international account opening
- Emergency cash transfers up to $10,000 USD to any HSBC branch worldwide.
So, what can you do with your new HSBC Advance debit card?
It’s a contactless Visa debit card, which you can use for online shopping and spending in real-world shops, restaurants, bars, transport hubs and much more. In fact, you can use it everywhere that Visa payments are accepted.
You can also add your HSBC Advance card to mobile wallets such as Google Pay, Apple Pay and Samsung Pay. This allows you to make contactless payments using just your phone, without the need to take your physical debit card out with you.
There’s also the chance to earn rewards on spending with your HSBC debit card. When you open a current account, you’re automatically signed up to the HSBC home&Away programme.¹
This gives you exclusive offers on shopping as well as travel, dining and experiences when you spend on your card. You’ll simply need to browse offers online or in the HSBC app.
Your HSBC Advance debit card comes with a few security features built in with the bank. This includes:
- Verified by Visa (Visa Secure) - an additional layer of security when shopping online, protecting your account from unauthorised use.
- Card controls in the HSBC mobile banking app - freeze your card temporarily if you lose it or suspect it’s been stolen.
- A 24/7 fraud team monitoring transactions for suspicious activity.
If your HSBC card has just arrived in the post, you’ll need to activate it before you can use it. You can do it in one of the following ways:²
- HSBC mobile app - tap on ‘Manage cards’ from the ‘Account details’ page and follow the prompts.
- Online banking - go to the HSBC website and log in, then click on ‘Manage’ and then ‘Activate card’. You’ll need to be registered for online banking first.
- Phone - simply call 0800 783 5263.
- ATM - this option is only for replacement or renewal cards, which can be activated by withdrawing cash or carrying out a balance enquiry at a cash machine. You won’t be able to activate your first HSBC debit card at an ATM.
Before using your HSBC Advance card, it’s useful to know about any limits for spending or cash withdrawals. Here’s what you need to know:³
|Withdrawing cash||£500 per day|
|Contactless card payments||£100 per transaction|
|Chip & PIN card payments||No limit|
The limit for daily ATM withdrawals is higher with the HSBC Advance account, compared to other HSBC current accounts. You can withdraw up to £500, while for other accounts the daily limit is £300.
Yes, you can use your HSBC debit card anywhere that Visa payments are accepted. This means you can take it on holiday with you, shop worldwide and withdraw cash at ATMs both in and outside the UK. You don’t need to notify HSBC before you go.
But just a word of warning - there are fees for using your HSBC debit card overseas and for spending in other currencies. We’ll look at these next.
There’s no fee to get your first HSBC Advance debit card, and no monthly fee for the linked current account either.
There are some other fees and charges you need to know about though. Let’s take a look:⁴
|Debit card payments in a foreign currency||2.75%|
|Cash withdrawal in foreign currency outside the UK||2.75% (min. £1.75, max. £5)|
There are no fees for using your debit card for spending or cash withdrawals in GBP within the UK. You’ll just need to watch out for ATM operator fees, as some non-HSBC cash machines may charge you for withdrawing cash.
Looking for low-cost holiday spending without the foreign transaction fees? Check out the Wise card.
If you live the international life, this card is for you. It lets you spend like a local in 150+ countries worldwide, with your pounds automatically converted to the local currency at mid-market exchange rates. There’s only a tiny conversion fee to pay, or it’s free if you already have the currency in your Wise account.
Get your Wise card for a one-time fee of just £7 when you open a Wise account, which has no monthly subscription fees at all.
And that’s it - all the facts and figures about the HSBC Advance debit card at your fingertips.
After reading this, you should be all clued up on how and where the card works, how much it costs and the limits for ATM withdrawals and spending.
- HSBC - HSBC Advance Bank Account
- HSBC - Your HSBC Visa Debit Card Guide
- HSBC - Help - Using your card
- HSBC - Advance Account Fee Information Document
Sources last checked on date: 31-July-2023
This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.
Check out our list of the best online bank accounts in the UK right now, including Chase, Monzo, Starling Bank, Revolut and many more.
Check out our list of the current accounts with the best interest rates in the UK, plus tips on how to choose the right account for your needs.
Check out our roundup of the best high interest savings accounts in the UK for 2023, along with tips on choosing the best savings solution for you.
Check out our roundup of the best easy access savings accounts in the UK, including tips on how to choose the best one.
The Co-operative Bank®1 and Tesco Bank®2 both offer varied account, card and payment services to UK personal customers. Both have comprehensive online and...