Is Barclays or Metro Bank better for your small business?
Below we look at both Barclays 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.
Barclays vs Metro Bank Trustpilot Reviews
| Barclays | Metro Bank | |
| Trustpilot Review Score (out of 5) | 1.4 | 2 |
| Percent 5-Star Reviews | 8% | 45% |
| Percent 1- Star Reviews | 86% | 48% |
| Total Number of Reviews | 9,859 | 4,764 |
https://www.trustpilot.com/review/www.barclays.co.uk
https://www.trustpilot.com/review/www.metrobankonline.co.uk
Barclays vs Metro Bank App Reviews
| Barclays | Metro Bank | |
| iPhone Review Score (out of 5) | 4.8 | 4.8 |
| Number of iPhone Reviews | 1,700,000 | 182,900 |
| Android Review Score (out of 5) | 4.8 | 4.6 |
| Number of Android Reviews | 506,000 | 41,500 |
https://apps.apple.com/gb/app/barclays/id536248734
https://apps.apple.com/gb/app/metro-bank/id1175525592
Barclays vs Metro Bank Account Fees & Charges
| Barclays | 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 (up to 500 per month; 35p after) | 30p |
| Cash Payments Cost (in/out) | 60p per £100/Free | 1.00% |
| Cheques (in/out) | 60p each/60p each | 30p |
| CHAPS Payments Cost | £15 | £25 |
| SEPA Payments Cost | 35p | 20p |
Barclays vs Metro Bank Business Savings Rates
| Barclays | Metro Bank | |
| Types of Business Savings Accounts | Instant access, Fixed-term Treasury Reserve Accounts | Instant access, Fixed term |
| Lowest Savings Rate (AER) | 1.51% | 1.10% |
| Maximum Savings Rate (AER) | 1.96% | 4.41% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Barclays vs Metro Bank Account Opening Times
| Barclays | Metro Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Up to 7 Working Days | 1 day |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Barclays vs Metro Bank Features & Account Types
| Barclays | Metro Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes, via Barclaycard | 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 | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | UK-wide | Limited locations in England & Wales only |
Barclays vs Metro Bank Customer Support Options
| Barclays | 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 |
Barclays vs Metro Bank Foreign Currency Accounts
| Barclays | 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 Barclays and Metro Bank
| Barclays | Metro Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes, via Barclaycard | Yes |
| Card Machines | Yes, via Barclaycard | No |
| Free Accounting Software | Yes, FreshBooks | No |
Barclays vs Metro Bank Banking Basics
| Barclays | Metro Bank | |
| Bank Type | High Street | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 122702 | 488982 |
| Website | Barclays Website | Metro Bank Website |
Common Comparison Questions
Does Barclays or Metro Bank have better customer reviews?
Barclays scores 1.4 out of 5 based 9,859 Trustpilot reviews. Of these reviews 8% are 5-star and 86% 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 Barclays or Metro Bank have a better App?
Barclays’s iPhone App is rated 4.8 out of 5 based on 1,700,000 reviews. And it’s Android App is rated 4.8 out of 5 based on 506,000 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 Barclays or Metro Bank have better business savings rates?
Barclays offers the following types of business savings accounts: Instant access, Fixed-term Treasury Reserve Accounts with interest rates ranging from 1.51% to 1.96%. (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:Barclays vs TSB
Barclays vs Starling Bank
Barclays vs Shawbrook Bank
Barclays vs RBS (Royal Bank of Scotland)
Barclays vs Wise
For other business bank accounts see our guide here.