Provider profileLast checked 8 November 2026
Metro Bank Business Current Account
Metro Bank's Business Bank Account for small businesses with turnover up to £2 million, with no monthly fee in months your balance stays at £6,000 or more, and account opening in store or online.
- Cheapest plan
- £8 a month, or £0 in any month your balance stays at £6,000 or more; 12 months fee-free for businesses new to Metro Bank, 31 months for full switchers
- Available in
- UK
- Your money
- Bank · FSCS cover
What it is
Metro Bank PLC, authorised by the PRA and regulated by the FCA and PRA (registered in England and Wales, company number 6419578).
How your money is protected
Eligible deposits with Metro Bank PLC are protected up to a total of £120,000 by the FSCS.
Our e-money vs bank account guide explains what this means if a provider fails.
Who can open one
Sole traders, limited companies, companies limited by guarantee and LLPs with turnover or balance sheet total up to £2 million, owned by individuals rather than a parent company. Everyone involved must be 18 or over. Sole traders must live in the UK; otherwise at least half of the signatories, directors and beneficial owners must.
Headline fees
| Fee | Detail |
|---|---|
| Monthly fee | £8; waived in months your balance stays at £6,000 or more every day |
| Everyday transactions (Faster Payments, Direct Debits, standing orders, card payments, payments in, cheques, cash machine withdrawals) | £0.30 each; 30 free a month when your balance stays at £6,000 or more |
| Cash deposited, withdrawn or exchanged in store | 1% |
| SWIFT international payments | £25 |
| SEPA payments | £0.20 |
| CHAPS | £25 |
| Card payments abroad | Free in listed European countries; 2.99% elsewhere |
| Cash withdrawals abroad | Free in listed European countries; 2.99% plus £1.50 elsewhere |
| Foreign Currency Account | Monthly fee per currency, for example €15 (EUR) or $25 (USD), lower above a set balance |
Limits worth knowing
- Cash deposits in store or at the Post Office are capped at £10,000 a day.
- The fee-free offers don't cover overdrafts, international payments, CHAPS or Commercial Online Banking, and the new-to-bank offer also excludes cash.
- Directors can make Online Banking payments up to £21,000 a day.
- No credit interest is paid on the account.
How it compares
- Incard vs Metro BankFees, cashback, foreign currency, protection and eligibility side by side.
- Metro Bank alternativesAccounts to look at if Metro Bank doesn't cover what you need.
See all the accounts we've researched.
Our pick for card spendIncard: 1% cashback on ads, software and travel, on a £0 plan
Our pick for UK and Swiss businesses whose main costs go on cards, as long as you don't need bank deposit protection.
Read Incard vs Metro BankWork out your cashbackCheck eligibility
We may earn a commission if you apply.
- a month on the Free plan, with team cards
- £0
- cashback on ads, software and travel; 0.5% on other eligible spend
- 1%
- IBANs in three currencies
- GBP, EUR, USD
Check Metro Bank Business Current Account's current terms
Fees and eligibility can change. Confirm them on the provider's own site before you apply.
Sources
All checked on 8 November 2026. Where a provider's help centre or legal terms differ from its marketing pages, we follow the help centre and terms.