Is Kent Reliance or HSBC Kinetic better for your small business?
Below we look at both Kent Reliance 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.
Kent Reliance vs HSBC Kinetic Trustpilot Reviews
| Kent Reliance | HSBC Kinetic | |
| Trustpilot Review Score (out of 5) | 4 | 1.9 |
| Percent 5-Star Reviews | 61% | 0% |
| Percent 1- Star Reviews | 22% | 100% |
| Total Number of Reviews | 2,104 | 13 |
https://www.trustpilot.com/review/www.kentreliance.co.uk
https://www.trustpilot.com/review/hsbckinetic.co.uk
Kent Reliance vs HSBC Kinetic App Reviews
| Kent Reliance | HSBC Kinetic | |
| iPhone Review Score (out of 5) | No Rating | 4.8 |
| Number of iPhone Reviews | No Reviews | 15,000 |
| Android Review Score (out of 5) | No Rating | 4.7 |
| Number of Android Reviews | No Reviews | 4,000 |
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/hsbc-kinetic/id1457310350
Kent Reliance vs HSBC Kinetic Account Fees & Charges
| Kent Reliance | HSBC Kinetic | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | 12 Months |
| Cheapest Monthly Account Fee | Free | £6.50 |
| Most Expensive Monthly Account Fee | Free | £6.50 |
| Electronic Payment Cost (in/out) | £10 | Free |
| Cash Payments Cost (in/out) | £1 | 1.10% |
| Cheques (in/out) | £1 | 50p per cheque |
| CHAPS Payments Cost | £10 | £17 |
| SEPA Payments Cost | No | 24p |
Kent Reliance vs HSBC Kinetic Business Savings Rates
| Kent Reliance | HSBC Kinetic | |
| Types of Business Savings Accounts | Easy access, Notice Account, Fixed rate, Business savings | Instant access, 30+ day, 60+ day |
| Lowest Savings Rate (AER) | 0.10% | 1.94% |
| Maximum Savings Rate (AER) | 5.13% | 2.02% |
| Minimum Savings Amount | £1,000 | No |
| Interest Paid On Foreign Currencies | No | Yes |
Kent Reliance vs HSBC Kinetic Account Opening Times
| Kent Reliance | HSBC Kinetic | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 minutes | 48 hours |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | Yes |
Kent Reliance vs HSBC Kinetic Features & Account Types
| Kent Reliance | 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 | No | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Locations in Kent only | Can use HSBC branches for some services |
Kent Reliance vs HSBC Kinetic Customer Support Options
| Kent Reliance | HSBC Kinetic | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | No | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Kent Reliance vs HSBC Kinetic Foreign Currency Accounts
| Kent Reliance | HSBC Kinetic | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Kent Reliance and HSBC Kinetic
| Kent Reliance | HSBC Kinetic | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | No |
| Invoice Financing | No | No |
| International Payments | No | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Kent Reliance vs HSBC Kinetic Banking Basics
| Kent Reliance | HSBC Kinetic | |
| Bank Type | Challenger | High Street/Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 530504 | 765112 |
| Website | Kent Reliance Website | HSBC Kinetic Website |
Common Comparison Questions
Does Kent Reliance or HSBC Kinetic have better customer reviews?
Kent Reliance scores 4 out of 5 based 2,104 Trustpilot reviews. Of these reviews 61% are 5-star and 22% 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 Kent Reliance or HSBC Kinetic have a better App?
Kent Reliance’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.
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 Kent Reliance or HSBC Kinetic have better business savings rates?
Kent Reliance offers the following types of business savings accounts: Easy access, Notice Account, Fixed rate, Business savings with interest rates ranging from 0.10% to 5.13%. (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.