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 has the source: Moneyfacts Group PLC. 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
-
Zopa current account review
This new account comes with cashback on direct debits, interest on the balance in your account and a regular saver with one of the best rates in the market.
-
How to get a prepaid debit card without ID
Prepaid cards are a good option for people who don’t have any traditional forms of ID. Discover what you could use instead.
-
Best banks in Scotland: How to open a bank account
We explore the biggest banks in Scotland and how to open a bank account.
-
Best current accounts & debit cards with cashback in the UK 2025
Learn how current accounts with cashback work, whether they’re right for you and how to find the best current account.
-
Best premier & premium bank accounts UK 2025
Premier bank accounts offer additional perks for people who hold significant sums with the bank providing them, and can be good value for money. We take a look at how they work, what features they offer and what the eligibility criteria can look like.
-
Opening a bank account with no credit check
Having bad credit isn’t ideal, but at least when it comes to bank accounts, you have a range of options. We’ve explored them to help you find the best one.
-
Revolut Metal card review
Looking at signing up for a Revolut Metal card? Here’s our review, with an analysis of the fees involved and what you get for your money.
-
Monzo vs Monese
Unsure which of these two digital banking brands is right for you? Our side by side comparison of their features and fees will help you decide.
-
Starling vs Monese
We compare the free current accounts from these 2 digital banking brands, exploring their apps, features and any card use limits.
-
Revolut vs Monzo vs Starling
We look at 3of the biggest names in digital banking, and give our verdict on which is the best option for you.