Merchant Machine

Mettle VS HSBC Kinetic: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated:

Is Mettle or HSBC Kinetic better for your small business?

Below we look at both Mettle 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.

Mettle Homepage
Mettle Homepage

HSBC Kinetic Homepage
HSBC Kinetic Homepage
 

Mettle vs HSBC Kinetic Trustpilot Reviews

MettleHSBC Kinetic
Trustpilot Review Score (out of 5)4.61.9
Percent 5-Star Reviews81%0%
Percent 1- Star Reviews8%100%
Total Number of Reviews3,41813
Sources:
https://www.trustpilot.com/review/mettle.co.uk
https://www.trustpilot.com/review/hsbckinetic.co.uk

Mettle vs HSBC Kinetic App Reviews

MettleHSBC Kinetic
iPhone Review Score (out of 5)4.94.8
Number of iPhone Reviews25,10015,000
Android Review Score (out of 5)4.84.7
Number of Android Reviews8,8904,000
Sources:
https://apps.apple.com/gb/app/mettle-business-bank-account/id1411976870
https://apps.apple.com/gb/app/hsbc-kinetic/id1457310350

Mettle vs HSBC Kinetic Account Fees & Charges

MettleHSBC Kinetic
Free Business Bank AccountYesYes
Free Business Account Term LengthNo Limit12 Months
Cheapest Monthly Account FeeNo£6.50
Most Expensive Monthly Account FeeNo£6.50
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)£1.50 / £2.501.10%
Cheques (in/out)50p50p per cheque
CHAPS Payments Cost£20£17
SEPA Payments CostNo24p

Mettle vs HSBC Kinetic Business Savings Rates

MettleHSBC Kinetic
Types of Business Savings AccountsSavings potInstant access, 30+ day, 60+ day
Lowest Savings Rate (AER)1.46%1.94%
Maximum Savings Rate (AER)1.46%2.02%
Minimum Savings Amount£10No
Interest Paid On Foreign CurrenciesNoYes
 

Mettle vs HSBC Kinetic Account Opening Times

MettleHSBC Kinetic
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?		Few minutes48 hours
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoYes

Mettle vs HSBC Kinetic Features & Account Types

Mettle Account Types
Mettle Features & Account Types

HSBC Kinetic Account Types
HSBC Kinetic Features & Account Types


MettleHSBC Kinetic
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardNoYes
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoNo
Card TypeMastercardVisa
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyCan use HSBC branches for some services

Mettle vs HSBC Kinetic Customer Support Options

MettleHSBC Kinetic
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoNo

Mettle vs HSBC Kinetic Foreign Currency Accounts

MettleHSBC Kinetic
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • Brazilian real (BRL)
  • Canadian dollar (CAD)
  • Chilean peso (CLP)
  • Colombian peso (COP)
  • Mexican peso (MXN)
  • Chinese yuan (CNY)
  • Hong Kong dollar (HKD)
  • Indian rupee (INR)
  • Japanese yen (JPY)
  • Korean won (KRW)
  • Malaysian ringgit (MYR)
  • Singapore dollar (SGD)
  • Thai baht (THB)
  • Austrian euro (EUR)
  • Belgian euro (EUR)
  • Bulgarian lev (BGN)
  • Croatian kuna (HRK)
  • Czech koruna (CZK)
  • Danish krone (DKK)
  • Estonian euro (EUR)
  • Finnish euro (EUR)
  • French euro (EUR)
  • German euro (EUR)
  • Greek euro (EUR)
  • Hungarian forint (HUF)
  • Icelandic króna (ISK)
  • Irish euro (EUR)
  • Italian euro (EUR)
  • Latvian euro (EUR)
  • Lithuanian euro (EUR)
  • Maltese euro (EUR)
  • Dutch euro (EUR)
  • Polish zloty (PLN)
  • Portuguese euro (EUR)
  • Romanian leu (RON)
  • Slovak euro (EUR)
  • Slovenian euro (EUR)
  • Spanish euro (EUR)
  • Australian dollar (AUD)
  • New Zealand dollar (NZD)

Other Business Services From Mettle and HSBC Kinetic

Mettle Account Types
Other Mettle Services

HSBC Kinetic Account Types
Other HSBC Kinetic Services


MettleHSBC Kinetic
Business LoansNoYes
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsNoYes
Merchant Payment ServicesNoYes
Card MachinesNoNo
Free Accounting SoftwareYesNo

Mettle vs HSBC Kinetic Banking Basics

MettleHSBC Kinetic
Bank TypeHigh Street/ChallengerHigh Street/Challenger
FSCS ProtectionYes, up to £85,000 via NatWestYes, up to £85,000
FCA Number121878765112
WebsiteMettle WebsiteHSBC Kinetic Website

Common Comparison Questions

Does Mettle or HSBC Kinetic have better customer reviews?

Mettle scores 4.6 out of 5 based 3,418 Trustpilot reviews. Of these reviews 81% are 5-star and 8% 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 Mettle or HSBC Kinetic have a better App?

Mettle’s iPhone App is rated 4.9 out of 5 based on 25,100 reviews. And it’s Android App is rated 4.8 out of 5 based on 8,890 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 Mettle or HSBC Kinetic have better business savings rates?

Mettle offers the following types of business savings accounts: Savings pot with interest rates ranging from 1.46% to 1.46%. (AER)

In contrast, HSBC Kinetic offers Instant access, 30+ day, 60+ day accounts with interest rates ranging from 1.94% to 2.02% (AER).

See Other Comparisons:
Mettle vs CardOneMoney
Mettle vs Fair Everywhere
Mettle vs Countingup
Mettle vs State Bank of India (UK)
Mettle vs Charity Bank


For other business bank accounts see our guide here.