Is Cambridge Building Society or HSBC Kinetic better for your small business?
Below we look at both Cambridge Building Society and HSBC Kinetic reviews on Trustpilot along with their App reviews from Apple and Google.
We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.
Cambridge Building Society vs HSBC Kinetic Trustpilot Reviews
| Cambridge Building Society | HSBC Kinetic | |
| Trustpilot Review Score (out of 5) | 3.1 | 1.9 |
| Percent 5-Star Reviews | 53% | 0% |
| Percent 1- Star Reviews | 47% | 100% |
| Total Number of Reviews | 15 | 13 |
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/hsbckinetic.co.uk
Cambridge Building Society vs HSBC Kinetic App Reviews
| Cambridge Building Society | HSBC Kinetic | |
| iPhone Review Score (out of 5) | 4 | 4.8 |
| Number of iPhone Reviews | 35 | 15,000 |
| Android Review Score (out of 5) | 2.6 | 4.7 |
| Number of Android Reviews | 29 | 4,000 |
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
https://apps.apple.com/gb/app/hsbc-kinetic/id1457310350
Cambridge Building Society vs HSBC Kinetic Account Fees & Charges
| Cambridge Building Society | HSBC Kinetic | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | 12 Months |
| Cheapest Monthly Account Fee | £10 | £6.50 |
| Most Expensive Monthly Account Fee | £20 | £6.50 |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | £1.50 | 1.10% |
| Cheques (in/out) | Free | 50p per cheque |
| CHAPS Payments Cost | No | £17 |
| SEPA Payments Cost | No | 24p |
Cambridge Building Society vs HSBC Kinetic Business Savings Rates
| Cambridge Building Society | HSBC Kinetic | |
| Types of Business Savings Accounts | Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond | Instant access, 30+ day, 60+ day |
| Lowest Savings Rate (AER) | 2.90% | 1.94% |
| Maximum Savings Rate (AER) | 4.25% | 2.02% |
| Minimum Savings Amount | £1,000 | No |
| Interest Paid On Foreign Currencies | No | Yes |
Cambridge Building Society vs HSBC Kinetic Account Opening Times
| Cambridge Building Society | HSBC Kinetic | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | 48 hours |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | Yes |
Cambridge Building Society vs HSBC Kinetic Features & Account Types
| Cambridge Building Society | HSBC Kinetic | |
| Business Current Account | No | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | Yes |
| Business Overdraft | No | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | None | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Locations around Cambridge | Can use HSBC branches for some services |
Cambridge Building Society vs HSBC Kinetic Customer Support Options
| Cambridge Building Society | HSBC Kinetic | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Cambridge Building Society vs HSBC Kinetic Foreign Currency Accounts
| Cambridge Building Society | HSBC Kinetic | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Cambridge Building Society and HSBC Kinetic
| Cambridge Building Society | HSBC Kinetic | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | No |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Cambridge Building Society vs HSBC Kinetic Banking Basics
| Cambridge Building Society | HSBC Kinetic | |
| Bank Type | Building Society | High Street/Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 157223 | 765112 |
| Website | Cambridge Building Society Website | HSBC Kinetic Website |
Common Comparison Questions
Does Cambridge Building Society or HSBC Kinetic have better customer reviews?
Cambridge Building Society scores 3.1 out of 5 based 15 Trustpilot reviews. Of these reviews 53% are 5-star and 47% are 1-star.
Whereas, HSBC Kinetic scores 1.9 out of 5 based 13 Trustpilot reviews. Of which 0% are 5-star and 100% are 1-star.
Does Cambridge Building Society or HSBC Kinetic have a better App?
Cambridge Building Society’s iPhone App is rated 4 out of 5 based on 35 reviews. And it’s Android App is rated 2.6 out of 5 based on 29 reviews.
In comparison, HSBC Kinetic’s iPhone App is rated 4.8 out of 5 based on 15,000 reviews. And it’s Android App is rated 4.7 out of 5 based on 4,000 reviews.
Does Cambridge Building Society or HSBC Kinetic have better business savings rates?
Cambridge Building Society offers the following types of business savings accounts: Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond with interest rates ranging from 2.90% to 4.25%. (AER)
In contrast, HSBC Kinetic offers Instant access, 30+ day, 60+ day accounts with interest rates ranging from 1.94% to 2.02% (AER).
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For other business bank accounts see our guide here.