We are consistently recognised as one of the best in the industry
Looking for a better financial solution for your business?
See why Aspire outperforms any traditional bank in cost savings, flexibility, and business-focused features.
Trusted by 50,000+ modern businesses
See how Aspire compares to banks like HSBC
No Account Opening Fees
Account Opening Fees
Fees apply
No Initial Deposit Required
Initial Deposit
Initial deposit required
No Monthly Account Fees
Monthly Account Maintanence
Fees apply
Starts from HKD 0
Local Transfers
HKD 5 via FPS; HKD 55 fee over HKD 1M
Yes. Physical cards are also available
Unlimited Virtual Cards
Only a few virtual cards allowed
Features included in every account
Invoice, Billing & Spend Management
No expense management features
Account Opening Fees
No Account Opening Fees
Fees apply
Initial Deposit
No Initial Deposit Required
Initial deposit required
Monthly Account Maintanence
No Monthly Account Fees
Fees apply
Local Transfers
Starts from HKD 0
HKD 5 via FPS; HKD 55 fee over HKD 1M
Unlimited Virtual Cards
Yes. Physical cards are also available
Only a few virtual cards allowed
Invoice, Billing & Spend Management
Features included in every account
No expense management features
Disclaimer:
The above data is extracted from the websites of the banking companies as of January 31st, 2025, for reference only and is subject to the announcement of the banking companies.
The above information is based on Aspire desktop research and should not be construed as advice. While every effort has been made to ensure accuracy, users should verify information independently.
3 reasons why businesses love Aspire
Free to open, only pay for what you use
Open your account for free and only pay for the transactions you make. No hidden fees, just a flexible solution designed for businesses of all sizes.
Made for local and international payments
Get local and multi-currency account numbers to send and receive payments seamlessly. Manage HKD, USD, RMB, all from one account.
An account that scales from 1 to 1,000 employees
Whether you’re a solo entrepreneur or a growing team, Aspire grows with you. Advanced expense management ensure full control at every stage.
How Aspire works
Aspire brings together the security of traditional banking with the innovation of modern fintech to create the future of business finance. Here's what makes our platform uniquely powerful:
Trusted banking foundation
Your funds are safeguarded by licensed financial institutions in full compliance with Hong Kong’s Money Service Operator (MSO) regulatory standards and follows strict data security protocols to ensure your business finances are protected every step of the way.
Seamless global payments
Aspire makes it easy to send and receive payments across 130+ countries in 13 currencies. With access to local rails and major card networks, businesses benefit from competitive exchange rates, faster transfers, and zero hidden fees — built to support your international operations without the usual friction.
AI-powered financial control
Gain full visibility and control over your business finances with Aspire’s smart tools. From automated reconciliation and multi-level approvals to real-time spend tracking and accounting integrations, Aspire helps modern finance teams streamline operations and stay audit-ready at all times.
We are backed by leading institutions and world-class investors
Frequently asked questions about Aspire vs. traditional banks
How long does it take to open an account with Aspire compared to a bank?
Both Aspire and a bank offer a quick account opening process of 1-3 business days.
Are there any monthly fees, initial deposit, or minimum balance requirements for Aspire and accounts as compared to a bank?
Only Aspire does not charge any monthly fees or initial deposit or a minimum balance to your account. However, if you do sign up for a bank, you are likely required to have an initial deposit and maintain a minimum balance on top of monthly account fees.
In other words, you can incur quite a bit of savings, just by using Aspire’s Business Account.
Do Aspire and banks offer virtual and physical cards?
Aspire offers unlimited virtual cards. We also have physical cards available for your team. Banks would only offer you a limited number of virtual cards.
It’s easier to scale your team and offer more virtual cards with Aspire.
Do Aspire and banks support multi-currency accounts?
Definitely. Aspire offers not only multi-currency support, but we provide some of the best market leading FX rates. You might end up saving FX fees if you use Aspire for your non-HKD transactions.
I will be doing a lot of local HKD transfers, are they really free with Aspire?
Local transfers in HKD are free with Aspire. We want to be the business account with the best value for your business and we understand how critical this is for you.
Our full pricing table can be found here.
Do Aspire and banks provide expense management tools?
Aspire provides expense management tools, which includes budgeting, claims management, invoicing and integration to popular accounting software. They are all available to you when you sign up with Aspire.
Banks do not have this feature and you will be required to sign up for more SaaS tools to support your business. Why not just save more with Aspire?
