HSBC has launched two new offers which mean new customers could get up to £205.
The incentive is open to customers who open a particular current account with the bank, and meet other criteria.
People who open a new HSBC Advance or Premier Account can get a payment of £125, provided they deposit £1,500 or more within 60 days, make at least five payments with their HSBC credit card, and open an HSBC Global Money Account via the HSBC app.
The £125 payment will then be paid into the Global Money Account within 20 days.
HSBC is also offering 24 prizes worth £3,000
Customers can earn an additional £80 as well as be in with a chance of winning £3,000 when they use the Global Money debit card at least five times by April 21, 2024.
The £80 will be paid to qualifying customers’ Global Money Account between May 1 and May 8 next year.
The prize draw will then take place on April 29, 2024, and winners will be notified within seven days of the draw.
There will be 24 separate £3,000 cash prizes up for grabs.
To be eligible, a person must be a UK resident and can’t have held an HSBC current account or opened a first direct current account since October 1, 2018.
HSBC said the offer can be withdrawn at any time.
The HSBC Advance account is fee-free. The Premier bank account is a premium bank account and financial eligibility criteria apply.
There are a number of other current account cash incentives available right now.