Is Metro Bank right for me?
Important: This guide provides general information, not personalised financial advice. Financial products, rates and eligibility rules can change, so check the provider’s current terms before applying. You can check a firm’s details on the FCA Register.
FSCS protects eligible deposits up to £120,000 per person, per authorised institution.
Quick answer
Metro Bank could suit you if you value walk-in help in a store and a fee-free current account, or run a business that keeps £6,000+ in the account. It’s less likely to fit if you travel often or want a strong savings rate.
Metro Bank at a glance
| Question | What we found |
|---|---|
| Monthly fee? | £0 personal |
| Overdraft? | 34% APR variable typical |
| Fees abroad? | 2.99% (+£1.50 for cash) |
| Easy-access savings? | 0.90% AER |
| Business account? | £0 or £8 a month depending on balance |
Figures as of 4 October 2026, taken from the provider’s own website. Rates and fees can change. This is general information, not a recommendation.
Who it’s for
- You like face-to-face banking
- You want overdraft charges capped
- Your business can keep £6,000+ every day
Who should skip it
These are general points to weigh up, not advice. You may want to look elsewhere if:
- You use your card abroad a lot
- You want a high easy-access savings rate
Full explanation
Use our overdraft cost calculator to see what borrowing at 34% APR could cost.
The catch
2.99% foreign transaction fees apply to the card.
Read the full Metro Bank page or check its site.
These go straight to each provider’s own website. They aren’t referral links and we don’t earn from them.
FAQs
Is Metro Bank good for travel?
Its card charges 2.99% abroad, so a no-fee card may cost less.
Does Metro Bank have branches?
It calls them stores and offers walk-in help.
Get our weekly email
The Friday Finance Lowdown — five minutes of the money stuff worth knowing.
Free to join. See our privacy policy for how we handle your email address.