HSBC business promo, discount and referral codes for June 2026

Deal

Get £220 when you switch to an HSBC Bank Account

Get £220 when you open a Bank Account in the HSBC mobile banking app and, within 60 days, complete a full switch (inc. 2 direct debits) using the Current Account Switch Service, pay in £2,000 and spend £500 on your debit card. T&Cs apply.

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.

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.

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