Is HSBC or Hampshire Trust Bank better for your small business?
Below we look at both HSBC and Hampshire Trust Bank 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.
HSBC vs Hampshire Trust Bank Trustpilot Reviews
| HSBC | Hampshire Trust Bank | |
| Trustpilot Review Score (out of 5) | 1.5 | 4.5 |
| Percent 5-Star Reviews | 7% | 75% |
| Percent 1- Star Reviews | 88% | 7% |
| Total Number of Reviews | 8,399 | 1,591 |
https://www.trustpilot.com/review/www.hsbc.co.uk
https://www.trustpilot.com/review/htb.co.uk
HSBC vs Hampshire Trust Bank App Reviews
| HSBC | Hampshire Trust Bank | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 1,400,000 | No Reviews |
| Android Review Score (out of 5) | 4.8 | No Rating |
| Number of Android Reviews | 260,000 | No Reviews |
https://apps.apple.com/gb/app/hsbc-uk-mobile-banking/id1220329065
https://www.apple.com/uk/app-store/
HSBC vs Hampshire Trust Bank Account Fees & Charges
| HSBC | Hampshire Trust Bank | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 12 Months | NA |
| Cheapest Monthly Account Fee | £6.50 | No |
| Most Expensive Monthly Account Fee | £10 | No |
| Electronic Payment Cost (in/out) | 35p | 25p |
| Cash Payments Cost (in/out) | £1.50 | £1 |
| Cheques (in/out) | 50p per cheque | £1 |
| CHAPS Payments Cost | £17 | £25 |
| SEPA Payments Cost | 20p | 20p |
HSBC vs Hampshire Trust Bank Business Savings Rates
| HSBC | Hampshire Trust Bank | |
| Types of Business Savings Accounts | Business Money Manager, Business Money Market, Clients Deposit | Notice Account, Fixed |
| Lowest Savings Rate (AER) | 0.10% | 4.50% |
| Maximum Savings Rate (AER) | 2.02% | 5.15% |
| Minimum Savings Amount | £1 | £5,000 |
| Interest Paid On Foreign Currencies | Yes | No |
HSBC vs Hampshire Trust Bank Account Opening Times
| HSBC | Hampshire Trust Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 to 10 Working days | 1 day |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
HSBC vs Hampshire Trust Bank Features & Account Types
| HSBC | Hampshire Trust Bank | |
| Business Current Account | Yes | No |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Visa | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | UK-wide | London & Leeds |
HSBC vs Hampshire Trust Bank Customer Support Options
| HSBC | Hampshire Trust Bank | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
HSBC vs Hampshire Trust Bank Foreign Currency Accounts
| HSBC | Hampshire Trust Bank | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From HSBC and Hampshire Trust Bank
| HSBC | Hampshire Trust Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | No | No |
HSBC vs Hampshire Trust Bank Banking Basics
| HSBC | Hampshire Trust Bank | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 765112 | 204601 |
| Website | HSBC Website | Hampshire Trust Bank Website |
Common Comparison Questions
Does HSBC or Hampshire Trust Bank have better customer reviews?
HSBC scores 1.5 out of 5 based 8,399 Trustpilot reviews. Of these reviews 7% are 5-star and 88% are 1-star.
Whereas, Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of which 75% are 5-star and 7% are 1-star.
Does HSBC or Hampshire Trust Bank have a better App?
HSBC’s iPhone App is rated 4.8 out of 5 based on 1,400,000 reviews. And it’s Android App is rated 4.8 out of 5 based on 260,000 reviews.
In comparison, Hampshire Trust Bank’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.
Does HSBC or Hampshire Trust Bank have better business savings rates?
HSBC offers the following types of business savings accounts: Business Money Manager, Business Money Market, Clients Deposit with interest rates ranging from 0.10% to 2.02%. (AER)
In contrast, Hampshire Trust Bank offers Notice Account, Fixed accounts with interest rates ranging from 4.50% to 5.15% (AER).
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For other business bank accounts see our guide here.