Who knew? Who cares? I didn't; however it apparently has a value of £24 and ends later this month...
Get on your bike with a free one year British Cycling Fan Membership
HSBC UK is proudly partnering with British Cycling for a fitter, cleaner, greener, healthier nation. So to make it easier to get on your bike all HSBC UK current account customers can claim a free British Cycling Fan membership for one year and enjoy retail discounts, priority tickets to the biggest cycling events and a helpful newsletter. Other memberships also available at a discounted rate.
https://www.hsbc.co.uk/sponsorship/cycling/