Managing Your Business

HSBC Kinetic

Awarded Best App Based Business Bank Account 2022, 2023 & 2024 by Moneynet
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If you’re a sole trader or single director shareholder business, HSBC Kinetic may be right for you. Apply in minutes, in-app. Most accounts opened within 48hrs.

HSBC Kinetic Current Account benefits include:

  • No monthly maintenance fee for the first 12 months*1
  • Easy in-app application for an overdraft if you need funds*2
  • Monthly cashflow outlook and categorised spending tools
  • Mobile cheque deposit
  • Making payments of up to £25,000 per day in-app
  • International Payments to send and receive money to/from over 200 countries and territories (fees apply)

current account switch guarantee logo

How to apply

To begin, if you meet our eligibility criteria, enter your email address in the box below.

Make sure this is the email address you want to use for your new account.

By clicking ‘Start your application’, we’ll use your email address to identify that you have been introduced by a third party and to pay them a fee if you open an account.

You can find out how we will use and process your data in the HSBC Kinetic Privacy Policy here and the Privacy Notices at the bottom of this page.

Features and services for businesses include:

Cashflow and spending insights

Categorised spending and cashflow insights to help you stay on top of your business expenses and plan ahead.

Cashflow graph is not available in the Android™ app however customers can still enjoy the forecast tool without the graph.

International Payments

Pay overseas invoices or suppliers with confidence.

Our in-app indicative rate tool provides an idea of the converted currency amount, the exchange rate and how much you’ll be charged.

In-app screen for illustration purposes only. Fees apply.

Apply for an overdraft in-app*2

Apply for up to £30,000 overdraft in-app, with funds available on the same business day that your credit assessment is successful.

Representative EAR 15.67%. A Daily Overdraft Facility Fee applies. Calculated at an annualised rate of 1.5% of your overdraft limit. This fee accrues daily and is charged regardless of whether the overdraft has been used, for an Overdraft Limit of above £200 only. It is charged on a monthly basis and is based on there being 365 days in the year.

For an Unarranged Overdraft (this includes any amount over the arranged overdraft limit) we charge you Business Standard Debit Interest Rate (BSDIR)

Check your eligibility for Lending

Access great perks and benefits to kick start your business

We’ve teamed up with some great partners that offer everything from discounted broadband to accounting software and so much more.

  • Accept card and contactless payments from your customers with next day settlement with Global Payments
  • Discounted accounting software from Ember
  • Access to business insurance with Marsh Commercial*3

Full details available in-app.

Features, service & products not available

  • Multi-user access
  • Cheque books not issued for the HSBC Kinetic Current Account
  • Foreign currency accounts or holdings
  • Clients Deposit Account

If you need any of the above then take a look at other accounts from HSBC UK - these aren’t available in the HSBC Kinetic app

See FAQs below for more details on HSBC Kinetic services

Am I eligible to apply?


Business type

Sole trader or limited company


You’re a sole trader or a limited company with a sole director who is also the sole shareholder


Tax resident

UK tax resident


You’re a tax resident in the UK but not the Channel Islands or the Isle of Man


Turnover

Annual turnover


Your turnover is up to £6.5m per year

Explore our range of award-winning accounts

HSBC Kinetic not the right fit for your business? Take a look at our other business accounts.

Manage your cashflow

Overdraft


Overdraft

HSBC Kinetic Overdraft


Apply for an overdraft in-app*2

Apply for up to £30,000 overdraft in-app, with funds available on the same business day that your credit assessment is successful.

See further details above.

Representative EAR of 15.67% variable. Daily Overdraft fees apply.

Subject to eligibility and Credit Check. Terms and conditions and fees apply.

Credit Card


Credit Card

HSBC Kinetic Credit Card


Apply for a HSBC Kinetic Credit Card in the App and receive a decision in minutes. Representative 15.9% APR variable.

Subject to eligibility and Credit Check. Terms and conditions and fees apply.

Loan


Loan

HSBC Kinetic Small Business Loan


The HSBC Kinetic Small Business Loan is available from between £1,000 and £10,000 and a repayment term of between 1 year to 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.

Subject to eligibility and Credit Check. Terms and conditions and fees apply*3.

Frequently asked questions

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