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Metro Bank review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Metro Bank suits UK adults who want a straightforward current account with a Mastercard debit card and a monthly fee of £0, plus easy-access savings that pays interest monthly. The catch is spending abroad, where conversion fees of 0% to 2.99% sit behind dedicated travel money accounts.

Key facts

Best for
A fee-free current account paired with easy-access savings and a credit card from the same UK bank.
Monthly fee
£0↗
Currency conversion fee
0% to 2.99%↗
Card type
Debit↗
Card network
Mastercard↗
Legal entity
Metro Bank PLC↗
Headquarters
United Kingdom↗
Founded
2010↗
Support channels
Phone, Help-centre, Chat, Email↗
Features
Travel
Official website
metrobankonline.co.uk

Savings

Headline rate
0.9%↗
Rate type
Variable↗
Minimum deposit
£1↗
Deposit protection
FSCS up to GBP 85,000↗
Access terms
Instant access to savings any time, interest paid monthly↗
Account kind
Easy access↗
Pricing model
No monthly fee

Credit cards

Rewards type
None↗
Card kind
Credit↗

Mortgages

Maximum loan to value
95%↗
Purpose
Purchase, First-time-buyer, Remortgage↗

Facts checked September 26, 2026, 8 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaLinkedInX

Pros and cons

Pros

  • The savings account is easy access, with instant access at any time and interest paid monthly.
  • The debit card runs on Mastercard, and travel is the feature the account is built around: travel.
  • Deposits are covered at FSCS up to GBP 85,000, and support runs on phone, help centre and chat.

Cons

  • Currency conversion fees of 0% to 2.99% make holiday spending costly on the debit card.
  • The credit card pays nothing back, with a rewards type of none.
  • Savings interest of 0.9% is variable and sits well under the 3% median across the site.
Metro Bank

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Scored 9.3 / 10 by SumCue.

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Who it suits

  • UK residents who want day to day banking, an easy-access savings pot and a credit card from one provider.
  • Savers who want their money back on demand and do not mind a variable rate.
  • People who mostly spend in the UK and like one bank for current account, savings and borrowing.

Who should look elsewhere

  • Wise, for frequent currency conversion, where the fee is 0.1% against 0% to 2.99% on the Metro Bank card.
  • bunq, for euro users, since its euro account carries a monthly fee of €0.
  • Varo Believe Secured Credit Card, for building credit history with deposits rather than a credit card with a rewards type of none.

How Metro Bank compares

Where Metro Bank is available

Available
United Kingdom

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does the Metro Bank current account cost each month?+

Your current account carries a monthly fee of £0, so keeping it open costs you nothing monthly. The savings account is a separate pot with its own terms, and the credit card is offered as a credit card rather than something with rewards attached.

Is my money safe at Metro Bank?+

Deposits are covered at FSCS up to GBP 85,000. The accounts sit with Metro Bank PLC, the legal entity behind the brand, and the bank is based in the United Kingdom, so this is a UK bank holding your money rather than a platform outside the UK.

How much interest do I get, and can I reach my money quickly?+

The savings account pays 0.9% and its rate type is variable, so the rate can move. You keep instant access at any time and interest is paid monthly. The median retail loss percentage across the site is 70.15%, so keep only what you can live without in an easy-access pot.

Is there a minimum deposit to open the savings account?+

The minimum deposit is £1, which is a low bar for getting started. The account kind is easy access, so the pot is built around flexible access rather than a fixed term or notice period, and you can top it up as your money allows.

What does it cost to spend abroad?+

Currency conversion on the debit card runs at 0% to 2.99%, so a card built for UK spending gets expensive on holiday. Wise lists a conversion fee of 0.1%, which is the figure to weigh if you travel often or hold money in another currency.

What cards do I get, and do I earn anything?+

The everyday card is a debit card on Mastercard, and travel is the feature attached to the account: travel. There is also a separate credit card, but its rewards type is none, so it works as plain borrowing rather than a card that pays something back.

How do I get help if something goes wrong?+

Support runs on phone, help centre and chat, so you have a choice of routes rather than one inbox. That matters when a card is blocked while you are away or a payment looks wrong, and it means you can move to another channel if the first attempt stalls.

Can I get a mortgage from the same bank?+

The same provider lends for purchase, first time buyer and remortgage, so a purchase, a first time buyer mortgage or a remortgage can sit alongside your current and savings accounts. The maximum loan to value is 95%, which suits buyers with a reasonable deposit and existing customers.

Sources

Compiled from 10 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Free ATM withdrawals, Protection.

Metro Bank

Metro Bank

A fee-free current account paired with easy-access savings and a credit card from the same UK bank.

9.3/10See alternatives