Co-operative Bank VS Mettle: Business Banking Review & Fee Comparison

Is Co-operative Bank or Mettle better for your small business?

Below we look at both Co-operative Bank 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.

Co-operative Bank vs Mettle Trustpilot Reviews

	Co-operative Bank	Mettle
Trustpilot Review Score (out of 5)	4.2	4.6
Percent 5-Star Reviews	51%	81%
Percent 1- Star Reviews	39%	8%
Total Number of Reviews	7,699	3,418

Sources:
https://www.trustpilot.com/review/co-operativebank.co.uk
https://www.trustpilot.com/review/mettle.co.uk

Co-operative Bank vs Mettle App Reviews

	Co-operative Bank	Mettle
iPhone Review Score (out of 5)	4.7	4.9
Number of iPhone Reviews	47,800	25,100
Android Review Score (out of 5)	4.3	4.8
Number of Android Reviews	33,000	8,890

Sources:
https://apps.apple.com/gb/app/co-operative-bank/id1439204021
https://apps.apple.com/gb/app/mettle-business-bank-account/id1411976870

Co-operative Bank vs Mettle Account Fees & Charges

	Co-operative Bank	Mettle
Free Business Bank Account	Yes	Yes
Free Business Account Term Length	30 Months	No Limit
Cheapest Monthly Account Fee	Free	No
Most Expensive Monthly Account Fee	Free	No
Electronic Payment Cost (in/out)	Free	Free
Cash Payments Cost (in/out)	£1.50 per £100	£1.50 / £2.50
Cheques (in/out)	£1.50	50p
CHAPS Payments Cost	£25	£20
SEPA Payments Cost	No	No

Co-operative Bank vs Mettle Business Savings Rates

	Co-operative Bank	Mettle
Types of Business Savings Accounts	Instant access, 35+ day, 95+ day	Savings pot
Lowest Savings Rate (AER)	1.63%	1.46%
Maximum Savings Rate (AER)	2.51%	1.46%
Minimum Savings Amount	No	£10
Interest Paid On Foreign Currencies	No	No

Co-operative Bank vs Mettle Account Opening Times

	Co-operative Bank	Mettle
Can You Apply Online?	Yes	Yes
How Long Does Opening An Account Typically Take?	5 Working days	Few minutes
Do They Check Your Credit?	Yes	No
Current Account Switch Service	Yes	No

Co-operative Bank vs Mettle Features & Account Types

	Co-operative Bank	Mettle
Business Current Account	Yes	Yes
Business Savings Account	Yes	Yes
Business Credit Card	Yes	No
Business Overdraft	Yes	No
Accounts For Startups	Yes	Yes
Accounts For Charities	Yes	Yes
Accounts For Sole Traders	Yes	Yes
Joint Business Accounts Available	Yes	No
Card Type	Visa	Mastercard
Online Banking	Yes	Yes
Mobile Banking	Yes	Yes
In Person/Branch Banking	Yes	No
Branch Locations	Limited locations accross the UK	None, online only

Co-operative Bank vs Mettle Customer Support Options

	Co-operative Bank	Mettle
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	No

Co-operative Bank vs Mettle Foreign Currency Accounts

	Co-operative Bank	Mettle
US Dollar (USD) Bank Accounts	Yes	No
Euro (EUR) Bank Accounts	Yes	No
Other Currencies Available:	No	No

Other Business Services From Co-operative Bank and Mettle

	Co-operative Bank	Mettle
Business Loans	Yes	No
Commercial Mortgages	Yes	No
Invoice Financing	Yes	No
International Payments	Yes	No
Merchant Payment Services	Yes	No
Card Machines	No	No
Free Accounting Software	Yes	Yes

Co-operative Bank vs Mettle Banking Basics

	Co-operative Bank	Mettle
Bank Type	High Street	High Street/Challenger
FSCS Protection	Yes, up to £85,000	Yes, up to £85,000 via NatWest
FCA Number	990937	121878
Website	Co-operative Bank Website	Mettle Website

Common Comparison Questions

Does Co-operative Bank or Mettle have better customer reviews?

Co-operative Bank scores 4.2 out of 5 based 7,699 Trustpilot reviews. Of these reviews 51% are 5-star and 39% 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 Co-operative Bank or Mettle have a better App?

Co-operative Bank’s iPhone App is rated 4.7 out of 5 based on 47,800 reviews. And it’s Android App is rated 4.3 out of 5 based on 33,000 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 Co-operative Bank or Mettle have better business savings rates?

Co-operative Bank offers the following types of business savings accounts: Instant access, 35+ day, 95+ day with interest rates ranging from 1.63% to 2.51%. (AER)

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

See Other Comparisons:
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Co-operative Bank vs Saffron Building Society
Co-operative Bank vs OakNorth
Co-operative Bank vs Airwallex
Co-operative Bank vs Triodos Bank


For other business bank accounts see our guide here.