A business can’t thrive without a stock of capital, and that’s why the decision to find a bank account is so important! There are so many different options out there of the Business Bank Accounts On The Market, but we’ve narrowed them down to just three. With these side-by-side comparisons, you’ll be able to make the best choice for your business with confidence.
HSBC Readycash Business
HSBC is a powerful force in the business bank account market. Their products are popular and well-established, so you can trust them to be reliable. There are a few things that make their business offering stand out:
High interest, fee-free offers
This is extremely important for businesses. You have to keep your customers happy, so if you’re not paying a fee for using the account, you’ll be able to woo more customers with a cheaper initial account setup. The offer from HSBC is perfect – it’s a £5 minimum balance and only 1% monthly. It’s also maximising your rate of return on investment by offering exclusive Clubcard benefits to each customer.
Easy to use online application process
The application process is super easy and streamlined. You’ll have a choice of a manual application or an automated one. If you choose the automated option, it’s so easy to use. You will be able to fill out your application online.
Up to 30 days for approval
It only takes about 30 days for HSBC to process your application and get it approved, which is really impressive for the business account market! With other banks, you may wait for more than 60 days to get the ball rolling with their business accounts. With HSBC Readycash Business, you can get access in just three weeks! It’s perfect if you’re looking for fast approval times and a convenient way of banking.
Easy to withdraw from an ATM
There are over 1,000 ATMs from HSBC available for business use. That gives you great access to cash and minimises the need for you to drive around looking for an alternative way of withdrawing money from your account. The HSBC ATM network is expanding, too – so it’s likely that there will be one near you soon! It’s perfect for businesses like restaurants or retail shops.
Easy mobile banking access
The HSBC Readycash Business account offers mobile banking facilities. They’re simple and convenient, which means that you can bank on the go while still keeping your eyes on the job at hand. It definitely makes life easier, especially if you’re business is heavily reliant on mobile payments.
Access to other financial products
HSBC also offers a range of other financial products, such as loans or mortgages. You can arrange them via the account on your phone with just one application. HSBC really do make it easy.