Is United Trust Bank or HSBC Kinetic better for your small business?
Below we look at both United Trust Bank 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.
United Trust Bank vs HSBC Kinetic Trustpilot Reviews
| United Trust Bank | HSBC Kinetic | |
| Trustpilot Review Score (out of 5) | 4.6 | 1.9 |
| Percent 5-Star Reviews | 78% | 0% |
| Percent 1- Star Reviews | 3% | 100% |
| Total Number of Reviews | 1,372 | 13 |
https://www.trustpilot.com/review/utbank.co.uk
https://www.trustpilot.com/review/hsbckinetic.co.uk
United Trust Bank vs HSBC Kinetic App Reviews
| United Trust Bank | HSBC Kinetic | |
| iPhone Review Score (out of 5) | 5 | 4.8 |
| Number of iPhone Reviews | 5 | 15,000 |
| Android Review Score (out of 5) | No Rating | 4.7 |
| Number of Android Reviews | No Reviews | 4,000 |
https://apps.apple.com/us/app/united-trust-bank/id6444029400
https://apps.apple.com/gb/app/hsbc-kinetic/id1457310350
United Trust Bank vs HSBC Kinetic Account Fees & Charges
| United Trust Bank | HSBC Kinetic | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | 12 Months |
| Cheapest Monthly Account Fee | £12.50 | £6.50 |
| Most Expensive Monthly Account Fee | £25 | £6.50 |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | Free / £1.50 | 1.10% |
| Cheques (in/out) | Free / £2.50 | 50p per cheque |
| CHAPS Payments Cost | £25 | £17 |
| SEPA Payments Cost | No | 24p |
United Trust Bank vs HSBC Kinetic Business Savings Rates
| United Trust Bank | HSBC Kinetic | |
| Types of Business Savings Accounts | Fixed Term Business Bonds, Notice Accounts, Tracker Accounts | Instant access, 30+ day, 60+ day |
| Lowest Savings Rate (AER) | 3.75% | 1.94% |
| Maximum Savings Rate (AER) | 5.25% | 2.02% |
| Minimum Savings Amount | £5,000 | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
United Trust Bank vs HSBC Kinetic Account Opening Times
| United Trust Bank | HSBC Kinetic | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 Working days | 48 hours |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
United Trust Bank vs HSBC Kinetic Features & Account Types
| United Trust Bank | HSBC Kinetic | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | Yes |
| Business Overdraft | Yes | 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 | Visa | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | London office only | Can use HSBC branches for some services |
United Trust Bank vs HSBC Kinetic Customer Support Options
| United Trust Bank | 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 | No | No |
United Trust Bank vs HSBC Kinetic Foreign Currency Accounts
| United Trust Bank | HSBC Kinetic | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From United Trust Bank and HSBC Kinetic
| United Trust Bank | HSBC Kinetic | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
United Trust Bank vs HSBC Kinetic Banking Basics
| United Trust Bank | HSBC Kinetic | |
| Bank Type | Challenger | High Street/Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 204463 | 765112 |
| Website | United Trust Bank Website | HSBC Kinetic Website |
Common Comparison Questions
Does United Trust Bank or HSBC Kinetic have better customer reviews?
United Trust Bank scores 4.6 out of 5 based 1,372 Trustpilot reviews. Of these reviews 78% are 5-star and 3% 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 United Trust Bank or HSBC Kinetic have a better App?
United Trust Bank’s iPhone App is rated 5 out of 5 based on 5 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 United Trust Bank or HSBC Kinetic have better business savings rates?
United Trust Bank offers the following types of business savings accounts: Fixed Term Business Bonds, Notice Accounts, Tracker Accounts with interest rates ranging from 3.75% to 5.25%. (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.