HSBC Kinetic: is it still open to new customers?
Important: This guide provides general information, not personalised financial advice. Financial products, rates and eligibility rules can change, so check the provider’s current terms before applying. You can check a firm’s details on the FCA Register.
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Quick answer
HSBC Kinetic isn’t open to new customers. On 3 October 2026, HSBC’s app listing said Kinetic is only available to existing Kinetic customers, HSBC’s business account comparison page no longer listed it, and the old Kinetic product page returned “page not found”.
HSBC’s current option for small businesses is the Small Business Banking Account, which had no monthly account fee and free UK digital banking.
Who it’s for
- Existing HSBC Kinetic customers checking where they stand
- Sole traders and small companies who were looking for Kinetic and want HSBC’s current alternative
Who should skip it
These are general points to weigh up, not advice. You may want to look elsewhere if:
- You want to open Kinetic now — it isn’t available to new customers
HSBC business accounts open to new customers
| Account | Monthly fee | Who it’s aimed at |
|---|---|---|
| Small Business Banking Account | No monthly account fee; free UK digital banking (other charges such as cheques and CHAPS apply) | Small businesses with borrowing needs up to £100,000 |
| Business Banking Account | Free for 12 months for start-ups and switchers, then £10 a month | Businesses needing a relationship manager or borrowing over £100,000 |
Figures as of 3 October 2026, from HSBC UK’s business website.
The catch
HSBC has announced changes to some business fees and terms from 14 December 2026. If you bank with HSBC, read its notice of variation.
Check HSBC’s business accounts.
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FAQs
Can I still open an HSBC Kinetic account?
No. As of 3 October 2026, HSBC said Kinetic is only available to existing Kinetic customers.
Who was Kinetic for?
Sole traders and limited companies with one director who is also the sole shareholder, with turnover up to £6.5 million.
What should I look at instead?
HSBC’s Small Business Banking Account, or compare other providers in our business bank accounts comparison.
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