HSBC Kinetic 4+

Business Banking

HSBC Global Services (UK) Limited

    • Free

iPhone Screenshots

Description

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).

What’s New

Version 10.3.1

In our latest release we’ve made a small fix to ensure the app runs smoothly.

Ratings and Reviews

4.8 out of 5
15.7K Ratings

15.7K Ratings

Saqib1984! ,

Fantastic!

Applied via the app, decision within minutes, account opened. Applied for overdraft, credit card and small business loan all within the app and successfully accepted. Perfect for a sole trader like me, does what it says on the tin. Mobile barber like me, I can take card payments through global payments which is offered by HSBC through the app. I have been banking with HSBC for my personal account and they have been good throughout. I just hope this business account is as good as the personal. Only downfall is that the customer service is only Mon to Fri 9-5 whereas my advance account has 24/7 customer service. Overall excellent, worth applying if you meet their criteria.

Developer Response ,

Wow, thank you for your 5 star review and feedback. We're delighted to hear that you're finding the app useful for your business and our products and partner benefits helpful. Our team are working on more features so that the app is a cut above the rest and we hope that you continue to enjoy the HSBC Kinetic experience. We'll feed back about our opening hours but we also provide answers to our frequently asked questions in the app. Many thanks

AG Biz ,

Good start but needs more work

I think banking with HSBC which is behind Kinetic has a lot of added value, for instance cash withdrawals are much easier done competing to other digital banks. However, the app needs urgent improvement. Firstly, when I scroll down to the old transactions it shows same transaction listed 5 to 8 times!! This got me a little heart attack, only after downloading the statements I learnt the app has a bug. Also, it’s not easy to download ALL transactions for the whole financial year which is not very productive! Lastly, the system is only accessible via app not online banking which makes things more difficult for accounting. I use Smarty Software for our accounting which is not listed as a partner and make things difficult to provide for bookkeeping. But I hope the team will bring those improvements soon!

Developer Response ,

Thank you very much for your feedback, it is greatly appreciated. The issue with multiple transactions has been rectified in our latest release. We are continually adding new features and improving existing ones and you will see these updates soon.

balbs1 ,

Completely unusable at the present time

Listing duplicates of all my transactions.....completely unreadable at present. It’s all nonsense but you would think this would be fixed ASAP. Reported it but no response from will close account if they are just not bothered....

update... HSBC did respond and said it’s a ‘known problem’ and a fix is being developed... two points... that message was a week ago and no sign of a fix... there is just no way I can allow multiple transactions into the account if I am seeing five six or seven duplicates (it just keeps going up!) of the transactions on the screen.

Second point... why on earth was this app allowed to be released in this state??? I’ve had 16 year old wet behind the ears programmers working for me who would do a better job than this... I’m completely baffled why HSBC has allowed this app to be implemented with this flaw. No choice but to close account and try elsewhere if this isn’t sorted soon which would be a complete waste of mine and HSBC time. Come on HSBC it’s 2021 not 1971....

Developer Response ,

We apologise for the error and the inconvenience this caused. While the listings were duplicated, the balances in the accounts were correct. We have addressed the issue and our latest release has fixed this. We are working hard to deliver a world-class experience for our customers.

App Privacy

The developer, HSBC Global Services (UK) Limited, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Location
  • Contact Info
  • User Content
  • Identifiers
  • Sensitive Info

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Usage Data
  • Diagnostics
  • Other Data

Privacy practices may vary based on, for example, the features you use or your age. Learn More

More By This Developer

HSBC UK Mobile Banking
Finance
HSBC HK Mobile Banking
Finance
HSBC CI & IoM
Finance
HSBC UAE
Finance
HSBC Expat
Finance
HSBC US
Finance

You Might Also Like

HSBC UK Business Banking
Finance
Mettle business bank account
Finance
Tide Business Banking App
Finance
Cashplus Bank
Finance
Countingup business account
Finance
ANNA Business Account & Tax
Finance