HSBC Kinetic

Whether you’re new to business or looking to switch, the HSBC Kinetic app makes banking simpler and faster.

Developed with the help of over 3,000 small business owners, HSBC Kinetic allows you to stay in control of your business finances on your phone from the get-go.

HSBC Kinetic Current Account – Key Features

A business current account with no monthly maintenance fee for 12 months. £6.50 thereafter*
• Make payments of up to £25,000 per day in-app
• Manage transactions with auto-categorised spending and useful account insights to help understand your cash flow
• Scan and deposit cheques securely in the app (limits and charges apply)
• In-app customer service and access to our HSBC branch network
• Access to partner perks to help kick-start your business

Features not available
Making international payments in-app (you can call us or visit a branch if you need this service). We don’t offer a cheque book, foreign currency accounts or multi–user access for this account, if you need one, you can visit our website for more options.

Our eligibility criteria

You have a Limited company, are the only Director who’s also the sole shareholder registered with Companies House
• You’re a sole trader and the sole owner of the business for which you are applying
• Your turnover is up to £6.5m per year
• You’re a resident of England or Wales (if you’re based in Scotland or Northern Ireland please visit our website for details of our other accounts)

Ready to apply?
Please visit our website to check whether HSBC Kinetic is right for you and your business www.business.hsbc.uk/en-gb/products/kinetic. You’ll find more details about HSBC Kinetic and our products.
• Download the app to apply for your mobile business current account in minutes – The HSBC Kinetic current account is subject to eligibility, approval and terms & conditions apply. A credit check will also be carried out as part of the account opening process.
• Standalone small business loan and savings account – If you’d like a standalone loan or savings account please call us before downloading the HSBC Kinetic app on 0345 587 3529. You don’t need to open, have or maintain a HSBC Kinetic Current Account to open, have or maintain a HSBC Kinetic Small Business Loan or HSBC Kinetic Savings Account.
HSBC Kinetic Small Business Loan is available from between £1,000 - £10,000 and a repayment term of between 1 - 10 years. The Representative APR is 11.3% (fixed), based on an assumed loan amount of £7,000 over 60 months at the interest rate of 11.3% p.a. (fixed). Monthly repayment £151.34 with a total amount payable of £9,080.40. Representative APR (Annual Percentage Rate) is the advertised rate at or below we reasonably expect at least 51% of customer who are accepted for and enter into the loan as a result of marketing.
If you have accessibility needs - We believe our products and services should be accessible to all customers, and we are committed to increasing accessibility at HSBC Kinetic and aim to meet WCAG standards.

* Other fees and charges apply, our Price List can be found on our website. If you switched to HSBC Kinetic using our internal switch process you will not benefit from a current account maintenance fee free period.

You can apply for HSBC Kinetic products in the app. For more information, visit our website. HSBC Kinetic products are subject to eligibility, approval and terms & conditions apply. Some of our products require additional credit checks and we will ask for your consent when you apply.

HSBC UK Bank plc is registered in England and Wales (company number: 9928412). Registered Office: 1 Centenary Square, Birmingham, B1 1HQ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Financial Services Register Number: 765112).