HSBC Corporate Card Review for UK Businesses in 2025

HSBC Corporate Cards bring a wholesome corporate expense management solution to the table. Medium and large-scale businesses that want tighter control over business spending should definitely check out what this card has to offer.

Available in multiple currencies, including GBP, EUR, USD, and others, they let you set individual spending and ATM limits. You can issue detailed statements for each cardholder and benefit from up to 56 days of interest-free credit when balances are repaid in full. The cards are also backed by HSBC’s MiVision and Corporate Cards mobile app. Businesses can manage cards, run customised reporting, and freeze or amend accounts in real time.

In this HSBC corporate card review – UK 2025 edition, we’ll explore what you can do with the card, the expected fees, and how to apply within the UK business banking ecosystem.

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What is the HSBC Corporate Card, and How Does it Differ from Its Other Cards?

Medium and large-sized businesses that want to manage employee spending across teams, departments, or borders should consider HSBC corporate cards. These cards are not regular credit cards; they are tools for controlling budgets and keeping cash flow in check.

Its features can make it the best friend of your finance team. You can set custom spending limits, monitor usage in real time with MiVision, and even integrate the card into your accounting software. It also supports multiple currencies, making it perfect for international operations.

But how is it different from other cards HSBC offers?

HSBC Business Cards Compared

In short, the HSBC Business Credit Card is a solid pick if you’re running a smaller team and want a straightforward, flexible credit solution without too many bells and whistles. If your business is growing and you need tighter control over multiple employee cards, the Corporate Card gives you the innovative tools to manage spending efficiently.

But if you’re a large-scale operation with complex structures, global payments, and in-depth reporting needs, the Commercial Card is built to handle it all!

Safety Standards of HSBC Corporate Cards

HSBC takes card and digital security seriously. It’s one of their biggest ongoing investments. For the Corporate Card, that means multiple layers of protection to safeguard your business and your team.

A few outstanding security features they’re embedding in Corporate Cards in the UK in 2025 are:

Strong Customer Authentication (SCA) for Online Payments

As of 2025, all online transactions require SCA under PSD2 rules². HSBC sends a one-time passcode (OTP) to each cardholder’s registered UK mobile number. Make sure these are up-to-date via MiVision. Otherwise, transactions may be automatically declined.

Zero Liability and Misuse Protection

HSBC’s zero‑liability policy covers fraudulent transactions made without your authority. Plus, the built-in liability waiver helps protect you against malicious or negligent card use by employees.

Real-Time Monitoring and Fraud Alerts

HSBC monitors card payments in real time using fraud detection systems. Unusual activity prompts automated alerts and may trigger follow-up verification. This can keep potential threats at bay from the moment they happen.

Contactless and Chip Security

All HSBC Corporate Cards come with EMV chip and contactless technology, significantly reducing the risk of counterfeit or cloned cards during face-to-face transactions.

PIN and Physical Card Best Practices

HSBC emphasizes standard best practices in its UK security center: never share your PIN, shield it at ATMs, do not let others handle your card, and dispose of old cards safely.

Phishing and Scam Awareness Training

HSBC provides clear guidance to corporate clients about phishing emails, vishing (fraudulent phone calls), and counterfeit websites. Businesses are urged to distribute scam awareness guidance across teams and to encourage reporting of suspicious messages.

A few simple habits by business entities using HSBC cards can go a long way in keeping their corporate cards safe. Make sure each cardholder’s mobile number is up to date in MiVision. This keeps Strong Customer Authentication (SCA) working smoothly.

Don’t ignore real-time alerts. If something looks off, freeze the card immediately. It’s also smart to train your team on what phishing scams look like (and what HSBC won’t ask for). Oh, and if a card’s lost or no longer used, you can freeze and replace it immediately. Quick checklist to stay on top of things:

• Review usage limits and permissions regularly
• Keep mobile numbers current
• Act fast on alerts
• Train your team on scams

HSBC Corporate Cards Fee Structure in the UK (2025)

The table below illustrates all the fees and miscellaneous charges associated with HSBC corporate cards⁴:

The HSBC Corporate Card provides robust tools for managing expenses. However, business owners should expect a £35 annual fee per card and pay close attention to how foreign spending or cash advances might increase overall costs. Keep balances in check to preserve the interest-free benefits and avoid penalties.

HSBC Corporate Cards Customer Support

With 24/7 helplines, in-app chat, local branch support, and dedicated Relationship Managers, getting help with your HSBC Corporate Card in the UK is quick and convenient.

Below, we have rounded up a list of how you can reach out via each medium:

Process to Apply for HSBC Corporate Card

To apply for an HSBC Corporate Card in the UK (2025), your business needs to have an HSBC Business Current Account. If you’re already a customer, you can apply directly through HSBC’s online platform, MiVision, or by calling 03456 015 934 (Mon–Fri, 9 am–5 pm).

If your business has a Relationship Manager, they can also guide you. Be ready to provide business details, ID for directors, and proof of trading history as part of HSBC’s verification checks. When approved, cards are usually delivered within a few business days. The process is quick for most companies, but can take longer depending on the documents and approvals needed.

Wise Business debit card, an alternative to HSBC

If you need a better option to spend abroad, Wise Business debit card is the way to go. With Wise Business card you can spend in 150+ countries with the mid-market exchange rate and small, transparent fees.

You can pay in 40+ currencies with your Wise Business card even if you don't have a balance for the currency on your multi-currency account. Wise's smart technology will convert your spending automatically to GBP. What is even better? You earn 0.5% cashback on your purchases.

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FAQs: HSBC Corporate Card Review – UK 2025

Who is eligible for an HSBC Corporate Card?

Businesses registered in the UK that have an active HSBC Business Current Account and meet HSBC’s credit and compliance checks are eligible to apply. These cards are best suited for medium to large businesses that want centralized control over multiple employee cards.

Is there a mobile app to manage HSBC Corporate Cards?

Corporate cardholders can use the HSBCnet Mobile App, which supports secure access to transactions, real-time alerts, and some MiVision functions. For more advanced controls, like setting card limits or freezing cards, your team will use MiVision. It is HSBC’s web-based card management platform designed for corporate use.

Are there any rewards or cashback offers on HSBC Corporate Cards?

HSBC Corporate Cards are focused more on control and convenience than perks. That means you won’t find typical rewards or cashback schemes. However, the real value comes from the streamlined expense management, customizable card controls, and detailed reporting tools.

Sources used in this article:

Sources last checked 30/07/2025