| Select Banks | HSBC Business Banking4.2 | Lloyds Bank Business4 | Barclays Business Banking4.3 | |
|---|---|---|---|---|
Fees & Charges | ||||
| Monthly Fee | £5.50 | £6.50 | £5.00 | |
| Transaction Fees | 40p per transaction after 20 free | 45p per transaction after 18 free | 38p per transaction after 25 free | |
| International Transfer | £4-£20 | £9.50-£25 | £6-£25 | |
| Overdraft Rate | 6.9% - 9.9% APR | 7.5% - 10.5% APR | 6.5% - 9.5% APR | |
Interest Rates | ||||
| Savings Rate | 1.5% - 2.5% AER | 1.25% - 2.25% AER | 1.4% - 2.4% AER | |
| Business Savings Rate | 1.8% - 3.0% AER | 1.5% - 2.8% AER | 1.7% - 2.9% AER | |
| Loan Rate | 5.5% - 12% APR | 6.0% - 13% APR | 5.8% - 11.5% APR | |
Features & Services | ||||
| Business Account | ||||
| Personal Account | ||||
| Savings Account | ||||
| Current Account | ||||
| Multi-Currency | ||||
| Overdraft Facility | ||||
| Business Loans | ||||
| Credit Cards | ||||
| Debit Cards | ||||
| Mobile App | ||||
| Online Banking | ||||
| Branch Network | ||||
| ATM Network | ||||
| Phone Support | ||||
| Relationship Manager | ||||
Banking Services | ||||
| Branch Count | 620 | 740 | 650 | |
| ATM Network | 2800 | 3200 | 3100 | |
| Opening Hours | Mon-Fri 9am-5pm, Sat 9am-1pm | Mon-Fri 9am-5pm, Sat 9am-12:30pm | Mon-Fri 9am-5pm, Sat 9am-1pm | |
| Support Hours | 24/7 phone support | 7am-10pm daily | 24/7 phone and chat | |
| Account Opening Time | 1-2 weeks | 5-10 days | 3-7 days | |
Regulation & Protection | ||||
| Regulators | FCA, PRA | FCA, PRA | FCA, PRA | |
| Deposit Protection | FSCS Protected | FSCS Protected | FSCS Protected | |
| Protection Limit | £85,000 per person | £85,000 per person | £85,000 per person | |
Customer Ratings | ||||
| Overall Rating | 4.2(8,247) | 4(6,893) | 4.3(7,542) | |
| Service Rating | 4.1 | 4.1 | 4.2 | |
| Fees Rating | 3.8 | 3.5 | 4 | |
| App Rating | 4.3 | 4.2 | 4.5 | |
| Open Business Account | Open Account | Get Started | ||