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Handelsbanken VS Mettle: Business Banking Review & Fee Comparison


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

Is Handelsbanken or Mettle better for your small business?



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Below we look at both Handelsbanken 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.

Handelsbanken Homepage
Handelsbanken Homepage


Mettle Homepage
Mettle Homepage
 

Handelsbanken vs Mettle Trustpilot Reviews

HandelsbankenMettle
Trustpilot Review Score (out of 5)2.34.6
Percent 5-Star Reviews33%81%
Percent 1- Star Reviews55%8%
Total Number of Reviews1243,418
Sources:
https://www.trustpilot.com/review/handelsbanken.co.uk
https://www.trustpilot.com/review/mettle.co.uk

Handelsbanken vs Mettle App Reviews

HandelsbankenMettle
iPhone Review Score (out of 5)2.64.9
Number of iPhone Reviews1725,100
Android Review Score (out of 5)1.64.8
Number of Android Reviews68,890
Sources:
https://apps.apple.com/gb/app/handelsbanken-uk-corporate/id1122527533
https://apps.apple.com/gb/app/mettle-business-bank-account/id1411976870

Handelsbanken vs Mettle Account Fees & Charges

HandelsbankenMettle
Free Business Bank AccountNoYes
Free Business Account Term LengthNANo Limit
Cheapest Monthly Account Fee£5No
Most Expensive Monthly Account Fee£20No
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)30p£1.50 / £2.50
Cheques (in/out)£1.5050p
CHAPS Payments Cost£15£20
SEPA Payments Cost25pNo

Handelsbanken vs Mettle Business Savings Rates

HandelsbankenMettle
Types of Business Savings AccountsInstant Access, Fixed Term, Notice SavingsSavings pot
Lowest Savings Rate (AER)No1.46%
Maximum Savings Rate (AER)No1.46%
Minimum Savings Amount£5,000£10
Interest Paid On Foreign CurrenciesYesNo
 

Handelsbanken vs Mettle Account Opening Times

HandelsbankenMettle
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working daysFew minutes
Do They Check Your Credit?NoNo
Current Account Switch ServiceYesNo

Handelsbanken vs Mettle Features & Account Types

Handelsbanken Account Types
Handelsbanken Features & Account Types


Mettle Account Types
Mettle Features & Account Types


HandelsbankenMettle
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsNoYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideNone, online only

Handelsbanken vs Mettle Customer Support Options

HandelsbankenMettle
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Handelsbanken vs Mettle Foreign Currency Accounts

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

Other Business Services From Handelsbanken and Mettle

Handelsbanken Account Types
Other Handelsbanken Services


Mettle Account Types
Other Mettle Services


HandelsbankenMettle
Business LoansYesNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesNo
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Handelsbanken vs Mettle Banking Basics

HandelsbankenMettle
Bank TypeHigh StreetHigh Street/Challenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000 via NatWest
FCA Number197340121878
WebsiteHandelsbanken WebsiteMettle Website

Common Comparison Questions

Does Handelsbanken or Mettle have better customer reviews?

Handelsbanken scores 2.3 out of 5 based 124 Trustpilot reviews. Of these reviews 33% are 5-star and 55% 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 Handelsbanken or Mettle have a better App?

Handelsbanken’s iPhone App is rated 2.6 out of 5 based on 17 reviews. And it’s Android App is rated 1.6 out of 5 based on 6 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 Handelsbanken or Mettle have better business savings rates?

Handelsbanken offers the following types of business savings accounts: Instant Access, Fixed Term, Notice Savings with interest rates ranging from No to No. (AER)

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

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


For other business bank accounts see our guide here.

 



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