Won’t be missed too much, but allow us to top up HSBC Global Money with a debit card … Zing was useful for that, as it allowed debit cards from most countries - unlike Revolut.
The free £500/month conversion was handy too.
I really hate news like this. It gets briefed to the press before the staff even know and then the customer.
Nearly opened an account last month in case it came in handy. Glad I didn’t bother! Shame for those who got the first customers perks I guess, though not sure if they ever really kicked in
Is this the end for Zing ? HSBC shuts down Wise competitor Zing
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I literally just opened a account!
To move money over!
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(For small amounts) Zing has better exchange rates than Revolut, Wise, etc… Been using it while travelling, will miss it.
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£170m blown on that
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I got £40 out of it at least.
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The stupidity of it all, is they launched this at pretty much the same time they launched Zing
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Wow, had no idea it was 170mn.
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It’s a shame. A Reuters article suggests around 400 potential job losses.
Interesting. I wonder if this “cost cutting exercise” is also behind Premier changes. At least I got the Zing Card.
For what it worth the HSBC version has been really decent to use, I hope doesn’t follow suit or be made a premier offering.
Easiest £120 I ever made. Never used the card once.
A mere £60 for me and will equally miss the free transfers. Oh well.
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Sad… Zing consistently had the best exchange rate for small/tourist-grade amount (i.e. within the fee free allowance of £500pm, or even with the 0.20% fee, as their mid-rate was always very close to true market mid rate at least for the major currencies). I wish HSBC GM could use the same rate structure as Zing (obviously that would make GM less profitable, and given the fate of Zing that might not be best for HSBC…)
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Well that didn’t last long! 
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It’s quite strange to see the “Zing has closed” screen. I built that a few months ago 
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