Is Bank of Scotland or Metro Bank better for your small business?
Below we look at both Bank of Scotland and Metro Bank 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.
Bank of Scotland vs Metro Bank Trustpilot Reviews
| Bank of Scotland | Metro Bank | |
| Trustpilot Review Score (out of 5) | 1.6 | 2 |
| Percent 5-Star Reviews | 12% | 45% |
| Percent 1- Star Reviews | 80% | 48% |
| Total Number of Reviews | 649 | 4,764 |
https://www.trustpilot.com/review/www.bankofscotland.co.uk
https://www.trustpilot.com/review/www.metrobankonline.co.uk
Bank of Scotland vs Metro Bank App Reviews
| Bank of Scotland | Metro Bank | |
| iPhone Review Score (out of 5) | 4.8 | 4.8 |
| Number of iPhone Reviews | 269,400 | 182,900 |
| Android Review Score (out of 5) | 4.5 | 4.6 |
| Number of Android Reviews | 44,100 | 41,500 |
https://apps.apple.com/gb/app/bank-of-scotland-mobile-bank/id485728109
https://apps.apple.com/gb/app/metro-bank/id1175525592
Bank of Scotland vs Metro Bank Account Fees & Charges
| Bank of Scotland | Metro Bank | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 12 Months | 12 Months |
| Cheapest Monthly Account Fee | £8.50 | Free |
| Most Expensive Monthly Account Fee | £8.50 | £6.00 |
| Electronic Payment Cost (in/out) | Free / 20p | 30p |
| Cash Payments Cost (in/out) | £85p / £1.50 per £100 | 1.00% |
| Cheques (in/out) | 85p per cheque | 30p |
| CHAPS Payments Cost | £30 | £25 |
| SEPA Payments Cost | £5 | 20p |
Bank of Scotland vs Metro Bank Business Savings Rates
| Bank of Scotland | Metro Bank | |
| Types of Business Savings Accounts | Fixed Term Deposit, Notice Accounts, Instant Access Account | Instant access, Fixed term |
| Lowest Savings Rate (AER) | 1.31% | 1.10% |
| Maximum Savings Rate (AER) | 4.37% | 4.41% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Bank of Scotland vs Metro Bank Account Opening Times
| Bank of Scotland | Metro Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 Working days | 1 day |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Bank of Scotland vs Metro Bank Features & Account Types
| Bank of Scotland | Metro Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Visa | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Scotland only | Limited locations in England & Wales only |
Bank of Scotland vs Metro Bank Customer Support Options
| Bank of Scotland | Metro Bank | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | Yes |
Bank of Scotland vs Metro Bank Foreign Currency Accounts
| Bank of Scotland | Metro Bank | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From Bank of Scotland and Metro Bank
| Bank of Scotland | Metro Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Bank of Scotland vs Metro Bank Banking Basics
| Bank of Scotland | Metro Bank | |
| Bank Type | High Street | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 169628 | 488982 |
| Website | Bank of Scotland Website | Metro Bank Website |
Common Comparison Questions
Does Bank of Scotland or Metro Bank have better customer reviews?
Bank of Scotland scores 1.6 out of 5 based 649 Trustpilot reviews. Of these reviews 12% are 5-star and 80% are 1-star.
Whereas, Metro Bank scores 2 out of 5 based 4,764 Trustpilot reviews. Of which 45% are 5-star and 48% are 1-star.
Does Bank of Scotland or Metro Bank have a better App?
Bank of Scotland’s iPhone App is rated 4.8 out of 5 based on 269,400 reviews. And it’s Android App is rated 4.5 out of 5 based on 44,100 reviews.
In comparison, Metro Bank’s iPhone App is rated 4.8 out of 5 based on 182,900 reviews. And it’s Android App is rated 4.6 out of 5 based on 41,500 reviews.
Does Bank of Scotland or Metro Bank have better business savings rates?
Bank of Scotland offers the following types of business savings accounts: Fixed Term Deposit, Notice Accounts, Instant Access Account with interest rates ranging from 1.31% to 4.37%. (AER)
In contrast, Metro Bank offers Instant access, Fixed term accounts with interest rates ranging from 1.10% to 4.41% (AER).
See Other Comparisons:Bank of Scotland vs TSB
Bank of Scotland vs Starling Bank
Bank of Scotland vs Shawbrook Bank
Bank of Scotland vs RBS (Royal Bank of Scotland)
Bank of Scotland vs Wise
For other business bank accounts see our guide here.