25 Feb 2021

HSBC Remove Affinity Banking Rates

HSBC has decided to unilaterally remove Affinity Banking rates with all its UK partners, not just Bira.

Our understanding is the majority of members will not see an increase in banking costs when HSBC moves members over to their existing products.  If you are expected to be included in the minority that will see an increase, HSBC are in the process of contacting those members.  Please note for the purpose of privacy, HSBC cannot inform Bira who these affected members are.

It is unfortunate that HSBC have decided to do this in the middle of a pandemic, but please be assured that we are doing all we can to bring members a worthy alternative as soon as we can.

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