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
-
Cash usage in the UK: Statistics for 2025
Will we eventually become a cashless society? We look at the latest cash usage statistics and trends for 2025.
-
Best banks and bank accounts in the UK 2025
Use our guide to compare the best banks in the UK and find out how to choose the right bank account for your needs.
-
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.
-
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.
-
Best bank accounts with cheap or free overdrafts in the UK 2025
Learn all you need to know about your current account’s overdraft, from costs and fees to how to apply for one.
-
Best joint bank accounts in the UK for couples and friends 2025
Ready to take the plunge and open a joint current account with your other half? Learn how they work, how to open one and what happens if you split up.
-
Best high interest current accounts in the UK 2025
Getting a good rate on your account balance is hard but not impossible. We’ve looked at the advantages and catches of high interest current accounts.
-
Lloyds current accounts for April 2025
Are you considering a bank account with Lloyds? Check out its currents accounts, compare options and learn what benefits it offers.
-
Nationwide current accounts for April 2025
Nationwide has one of the most competitive current account offers available on the market. Discover their features, compare options and apply.
-
TSB current accounts for April 2025
TSB offers a range of current accounts that are especially suitable for consumers who are at the beginning of their financial journey – and some of them even pay an interest on balances.