Is Metro Bank or Cater Allen better for your small business?
Below we look at both Metro Bank and Cater Allen 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 vs Cater Allen Trustpilot Reviews
| Metro Bank | Cater Allen | |
| Trustpilot Review Score (out of 5) | 2 | 1.9 |
| Percent 5-Star Reviews | 45% | 7% |
| Percent 1- Star Reviews | 48% | 80% |
| Total Number of Reviews | 4,764 | 136 |
https://www.trustpilot.com/review/www.metrobankonline.co.uk
https://www.trustpilot.com/review/www.caterallen.co.uk
Metro Bank vs Cater Allen App Reviews
| Metro Bank | Cater Allen | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 182,900 | No Reviews |
| Android Review Score (out of 5) | 4.6 | No Rating |
| Number of Android Reviews | 41,500 | No Reviews |
https://apps.apple.com/gb/app/metro-bank/id1175525592
https://www.apple.com/uk/app-store/
Metro Bank vs Cater Allen Account Fees & Charges
| Metro Bank | Cater Allen | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 12 Months | NA |
| Cheapest Monthly Account Fee | Free | Free |
| Most Expensive Monthly Account Fee | £6.00 | £25 |
| Electronic Payment Cost (in/out) | 30p | £2 |
| Cash Payments Cost (in/out) | 1.00% | Free |
| Cheques (in/out) | 30p | £6 |
| CHAPS Payments Cost | £25 | £25 |
| SEPA Payments Cost | 20p | £2 |
Metro Bank vs Cater Allen Business Savings Rates
| Metro Bank | Cater Allen | |
| Types of Business Savings Accounts | Instant access, Fixed term | Fixed Term, Notice Account |
| Lowest Savings Rate (AER) | 1.10% | 3.00% |
| Maximum Savings Rate (AER) | 4.41% | 4.70% |
| Minimum Savings Amount | £1 | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
Metro Bank vs Cater Allen Account Opening Times
| Metro Bank | Cater Allen | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 day | 7 days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Metro Bank vs Cater Allen Features & Account Types
| Metro Bank | Cater Allen | |
| 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 | Yes |
| Card Type | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Limited locations in England & Wales only | None, online and phone only |
Metro Bank vs Cater Allen Customer Support Options
| Metro Bank | Cater Allen | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Metro Bank vs Cater Allen Foreign Currency Accounts
| Metro Bank | Cater Allen | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From Metro Bank and Cater Allen
| Metro Bank | Cater Allen | |
| Business Loans | Yes | No |
| Commercial Mortgages | No | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Metro Bank vs Cater Allen Banking Basics
| Metro Bank | Cater Allen | |
| Bank Type | High Street | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 488982 | 178737 |
| Website | Metro Bank Website | Cater Allen Website |
Common Comparison Questions
Does Metro Bank or Cater Allen 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, Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of which 7% are 5-star and 80% are 1-star.
Does Metro Bank or Cater Allen 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, Cater Allen’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.
Does Metro Bank or Cater Allen 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, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).
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For other business bank accounts see our guide here.