HSBC UK Bank plc vs Tesco Bank

Side-by-side credit rating comparison of these two UK banks

H
HSBC UK Bank plc
Higher Rated
Credit Rating
AA-
Normalized Score

83 / 100

Agencies

S&P, Moody's, Fitch

Outlook
Positive
Last Updated

19 July 2026

VS
T
Tesco Bank
Credit Rating
A+
Normalized Score

82 / 100

Agencies

S&P, Moody's, Fitch

Outlook
Stable
Last Updated

10 July 2026

H
HSBC UK Bank plc
Higher Rated
Credit Rating
AA-
Score
83 / 100
Agencies

S&P, Moody's, Fitch

Outlook
Positive
T
Tesco Bank
Credit Rating
A+
Score
82 / 100
Agencies

S&P, Moody's, Fitch

Outlook
Stable
Swipe to compare
Rating History Comparison
AA-A+Jan 2016Jul 2026HSBC UK Bank plc — 15 Jan 2016: A+HSBC UK Bank plc — 27 Jan 2026: AA-HSBC UK Bank plc — 10 Jul 2026: AA-AA-Tesco Bank — 10 Jul 2026: A+A+
HSBC UK Bank plcTesco Bank
HSBC UK Bank plc
Tesco Bank
Comparison Summary
Metric HSBC UK Bank plc Tesco Bank Difference
Credit Rating AA- A+ HSBC UK Bank plc rated ~0 notches higher
Normalized Score 83 82

+1 points

Agencies S&P, Moody's, Fitch S&P, Moody's, Fitch Same
Outlook Positive Stable Different
Trend Different
Investment Grade Yes Yes Same
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