The offers compared on this page are chosen from a range of products we can track; we don't cover every product on the market...yet. Unless we've indicated otherwise, products are shown in no particular order or ranking. The terms "best", "top", "cheap" (and variations), aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use. When making a big financial decision, it's wise to consider getting independent financial advice, and always consider your own financial circumstances when comparing products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
It looks like we don't have any coupons at the moment.
About HSBC business banking
HSBC offers a range of business banking accounts designed for various organisations, from sole traders to corporates. If you run a small enterprise that requires everyday transactional banking, you may be eligible for the Small Business Banking Account, which offers “free” banking for the first 12 months. After the fee free period, you’ll have to pay a monthly maintenance fee for your current account. Certain HSBC business accounts also have integrated accounting software. However, all HSBC business accounts allow users to deposit cheques through the app, set up two or more users to approve payments online and provide an overdraft feature. HSBC is fully regulated by the FCA and protected by the FSCS.
Pros and cons of HSBC business banking
Pros
- Range of business accounts on offer.
- Mobile, online, telephone and branch banking.
- Some accounts offer account software integration.
- Overdrafts available.
- Business loans and savings available.
Cons
- Monthly charge after the 12 months fee free banking period.
- Interest charged on overdraft.
- Competitors have higher customer satisfaction.
- No interest paid on credit balance.
Alternative offers
We also have other similar business switching offer deals where you can find other deal if you are looking to get or change your business account.
More resources on Finder
More guides on Finder
-
Bank of Scotland Vantage: Is it worth it?
Should you choose to add the Vantage feature to your Bank of Scotland current account?
-
first direct perks: Is it worth it?
Should you sign up for first direct’s free reward programme, perks?
-
Monzo Max review: Is the account worth it?
Is the Monzo Max account worth applying for?
-
Santander Boosts review: Is it worth it?
Is this cashback scheme from Santander any good?
-
Is Monzo Perks worth it?
Are Monzo Perks, Monzo Max and Monzo Extra worth the money? See our analysis in this video review.
-
Starling promo, discount and referral codes for April 2026
New to Starling? See if you can keep some more money in your pocket with our promo codes and special offers.
-
The Co-operative Bank current accounts for April 2026
With a current account from The Co-operative Bank, you’ll get access to worldwide travel insurance from AXA, UK and European breakdown cover from RAC, everyday rewards and the option to have a greater degree of control over your spending.
-
Zempler (formerly Cashplus) could help if your credit history isn’t great
Is a Cashplus current account right for you? Read our review to find out more about its credit builder feature and the fees involved.
-
Revolut review: The digital bank popular with travellers
Is Revolut’s app-only account the solution for you? Our review of this challenger banking brand explores the features and fees of its free Standard plan, and outlines the other Revolut accounts available.
-
Monese review
You can open and use a Monese account in the UK and across Europe. We round up the fees and features of this app-based current account.