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Aldermore VS Mettle: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Aldermore or Mettle better for your small business?



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Below we look at both Aldermore and Mettle reviews on Trustpilot along with their App reviews from Apple and Google.

We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.

Aldermore Homepage
Aldermore Homepage


Mettle Homepage
Mettle Homepage
 

Aldermore vs Mettle Trustpilot Reviews

AldermoreMettle
Trustpilot Review Score (out of 5)4.64.6
Percent 5-Star Reviews80%81%
Percent 1- Star Reviews9%8%
Total Number of Reviews4,4243,418
Sources:
https://www.trustpilot.com/review/www.aldermore.co.uk
https://www.trustpilot.com/review/mettle.co.uk

Aldermore vs Mettle App Reviews

AldermoreMettle
iPhone Review Score (out of 5)No Rating4.9
Number of iPhone ReviewsNo Reviews25,100
Android Review Score (out of 5)No Rating4.8
Number of Android ReviewsNo Reviews8,890
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/mettle-business-bank-account/id1411976870

Aldermore vs Mettle Account Fees & Charges

AldermoreMettle
Free Business Bank AccountNoYes
Free Business Account Term LengthNANo Limit
Cheapest Monthly Account Fee£12.50No
Most Expensive Monthly Account Fee£30No
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)75p / £2 + 2.75%£1.50 / £2.50
Cheques (in/out)Free50p
CHAPS Payments Cost£30£20
SEPA Payments CostNoNo

Aldermore vs Mettle Business Savings Rates

AldermoreMettle
Types of Business Savings AccountsFixed rate, Easy accessSavings pot
Lowest Savings Rate (AER)3.25%1.46%
Maximum Savings Rate (AER)4.60%1.46%
Minimum Savings Amount£1,000£10
Interest Paid On Foreign CurrenciesYesNo
 

Aldermore vs Mettle Account Opening Times

AldermoreMettle
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
2 minutesFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesNo

Aldermore vs Mettle Features & Account Types

Aldermore Account Types
Aldermore Features & Account Types


Mettle Account Types
Mettle Features & Account Types


AldermoreMettle
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersNoYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingNoYes
In Person/Branch BankingNoNo
Branch LocationsNone, online and phone onlyNone, online only

Aldermore vs Mettle Customer Support Options

AldermoreMettle
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoYes
Web Based SupportYesYes
In person Customer SupportNoNo

Aldermore vs Mettle Foreign Currency Accounts

AldermoreMettle
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
Other Currencies Available:
  • EUR (Euro)
  • USD (US Dollar)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • CHF (Swiss Franc)
  • SEK (Swedish Krona)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)
No

Other Business Services From Aldermore and Mettle

Aldermore Account Types
Other Aldermore Services


Mettle Account Types
Other Mettle Services


AldermoreMettle
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesNo
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Aldermore vs Mettle Banking Basics

AldermoreMettle
Bank TypeChallengerHigh Street/Challenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000 via NatWest
FCA Number204503121878
WebsiteAldermore WebsiteMettle Website

Common Comparison Questions

Does Aldermore or Mettle have better customer reviews?

Aldermore scores 4.6 out of 5 based 4,424 Trustpilot reviews. Of these reviews 80% are 5-star and 9% are 1-star.

Whereas, Mettle scores 4.6 out of 5 based 3,418 Trustpilot reviews. Of which 81% are 5-star and 8% are 1-star.

Does Aldermore or Mettle have a better App?

Aldermore’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.

In comparison, Mettle’s iPhone App is rated 4.9 out of 5 based on 25,100 reviews. And it’s Android App is rated 4.8 out of 5 based on 8,890 reviews.

Does Aldermore or Mettle have better business savings rates?

Aldermore offers the following types of business savings accounts: Fixed rate, Easy access with interest rates ranging from 3.25% to 4.60%. (AER)

In contrast, Mettle offers Savings pot accounts with interest rates ranging from 1.46% to 1.46% (AER).

See Other Comparisons:
Aldermore vs Monese
Aldermore vs Saffron Building Society
Aldermore vs OakNorth
Aldermore vs Airwallex
Aldermore vs Triodos Bank


For other business bank accounts see our guide here.

 



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