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Everything's Premier when you get up to £750

Switch your bank account and salary of £100k+ for £250 cashback, and / or pay in £100k+ of savings or investments for £500 cashback. Ends 23 Feb 2026.
New customers only. Further offer and account T&Cs and eligibility criteria apply.
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HSBC Small Business Banking Account

We're here to support your business all the way, that’s why there’s no monthly account fee and free UK digital banking1.

Independent service quality survey results

Personal current accounts

Overall Service Quality. We asked customers how likely they would be to recommend their personal current account provider to friends and family. Ranking: 1 Monzo 82% 2 Starling Bank 77% 3 Nationwide 75% 4 first direct 74% 5 Chase 72% 12 HSBC UK 57%

Great Britain

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,000 customers of each of the 17 largest personal current account providers if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.

Published February 2026

Overall Service Quality. We asked customers how likely they would be to recommend their personal current account provider to friends and family. Ranking: 1 Monzo 81% 2 Nationwide 78% 3 Starling Bank 75% 4 HSBC UK 71% 5 Chase 69%

Northern Ireland

As part of a regulatory requirement, an independent survey was conducted to ask approximately 500 customers of each of the 12 largest current account providers if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.

Published February 2026

The requirement to publish the Financial Conduct Authority Service Quality Information for personal current accounts can be found on the SQI page.

Authorised push payment (APP) scams rankings

Authorised push payment (APP) scams happen when someone is tricked into transferring money into a fraudster's bank account. Information about HSBC UK and first direct performance prior to the introduction of the reimbursement requirement in October 2024 can be found in the PSR's latest APP Scams Performance Report published in February 2026.

You can read the full report by visiting the PSR website.

If you are concerned about APP scams you can find out more on our APP scams page.

Your eligible deposits with HSBC UK Bank plc are protected up to a total of £120,000, or up to £240,000 for joint accounts, by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

This limit is applied to the total of any deposits you have with the following: HSBC UK Bank plc, HSBC Private Banking, and first direct.

Any total deposits you hold above the limit between these brands are unlikely to be covered.

1. Free UK digital banking means day-to-day standard electronic transfers made through Business Internet Banking and HSBC UK Business Banking app are free. Other charges apply e.g cheques and CHAPS. See Business Price List for details. Subject to application, eligibility, credit check and T&Cs.

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