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Metro Bank VS Airwallex: Business Banking Review & Fee Comparison


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

Is Metro Bank or Airwallex better for your small business?



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Below we look at both Metro Bank and Airwallex 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.

Metro Bank Homepage
Metro Bank Homepage


Airwallex Homepage
Airwallex Homepage
 

Metro Bank vs Airwallex Trustpilot Reviews

Metro BankAirwallex
Trustpilot Review Score (out of 5)23.9
Percent 5-Star Reviews45%67%
Percent 1- Star Reviews48%25%
Total Number of Reviews4,7641,007
Sources:
https://www.trustpilot.com/review/www.metrobankonline.co.uk
https://www.trustpilot.com/review/airwallex.com

Metro Bank vs Airwallex App Reviews

Metro BankAirwallex
iPhone Review Score (out of 5)4.83.3
Number of iPhone Reviews182,90012
Android Review Score (out of 5)4.62.3
Number of Android Reviews41,500161
Sources:
https://apps.apple.com/gb/app/metro-bank/id1175525592
https://apps.apple.com/gb/app/airwallex/id1537521807

Metro Bank vs Airwallex Account Fees & Charges

Metro BankAirwallex
Free Business Bank AccountYesYes
Free Business Account Term Length12 Months1 month
Cheapest Monthly Account FeeFreeFree or £19/month
Most Expensive Monthly Account Fee£6.00£999/month
Electronic Payment Cost (in/out)30p20p
Cash Payments Cost (in/out)1.00%Free
Cheques (in/out)30pFree
CHAPS Payments Cost£25No
SEPA Payments Cost20p$2

Metro Bank vs Airwallex Business Savings Rates

Metro BankAirwallex
Types of Business Savings AccountsInstant access, Fixed termNone
Lowest Savings Rate (AER)1.10%NA
Maximum Savings Rate (AER)4.41%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesYes
 

Metro Bank vs Airwallex Account Opening Times

Metro BankAirwallex
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 day15 minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesNo

Metro Bank vs Airwallex Features & Account Types

Metro Bank Account Types
Metro Bank Features & Account Types


Airwallex Account Types
Airwallex Features & Account Types


Metro BankAirwallex
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsLimited locations in England & Wales onlyNone, online only

Metro Bank vs Airwallex Customer Support Options

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

Metro Bank vs Airwallex Foreign Currency Accounts

Metro BankAirwallex
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Swiss Franc (CHF)
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • New Zealand Dollar (NZD)
  • Hong Kong Dollar (HKD)
  • Singapore Dollar (SGD)
  • Japanese Yen (JPY)
  • Chinese Yuan (CNY)
  • Swedish Krona (SEK)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Polish Zloty (PLN)
  • Czech Koruna (CZK)
  • Hungarian Forint (HUF)
  • Romanian Leu (RON)
  • Bulgarian Lev (BGN)
  • Croatian Kuna (HRK)
  • Turkish Lira (TRY)
  • South African Rand (ZAR)
  • Brazilian Real (BRL)
  • Mexican Peso (MXN)
  • AUD
  • NZD
  • CAD
  • HKD
  • SGD
  • JPY
  • CHF
  • KRW

Other Business Services From Metro Bank and Airwallex

Metro Bank Account Types
Other Metro Bank Services


Airwallex Account Types
Other Airwallex Services


Metro BankAirwallex
Business LoansYesNo
Commercial MortgagesNoNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesYes
Card MachinesNoNo
Free Accounting SoftwareNoNo

Metro Bank vs Airwallex Banking Basics

Metro BankAirwallex
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number488982900876
WebsiteMetro Bank WebsiteAirwallex Website

Common Comparison Questions

Does Metro Bank or Airwallex have better customer reviews?

Metro Bank scores 2 out of 5 based 4,764 Trustpilot reviews. Of these reviews 45% are 5-star and 48% are 1-star.

Whereas, Airwallex scores 3.9 out of 5 based 1,007 Trustpilot reviews. Of which 67% are 5-star and 25% are 1-star.

Does Metro Bank or Airwallex have a better App?

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.

In comparison, Airwallex’s iPhone App is rated 3.3 out of 5 based on 12 reviews. And it’s Android App is rated 2.3 out of 5 based on 161 reviews.

Does Metro Bank or Airwallex have better business savings rates?

Metro Bank offers the following types of business savings accounts: Instant access, Fixed term with interest rates ranging from 1.10% to 4.41%. (AER)

In contrast, Airwallex offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Metro Bank vs Triodos Bank
Metro Bank vs Soldo
Metro Bank vs Cambridge Building Society
Metro Bank vs PayPal Debit
Metro Bank vs Allica Bank


For other business bank accounts see our guide here.

 



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