Is Metro Bank or Danske Bank UK better for your small business?
Below we look at both Metro Bank and Danske Bank UK 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 Danske Bank UK Trustpilot Reviews
| Metro Bank | Danske Bank UK | |
| Trustpilot Review Score (out of 5) | 2 | 2 |
| Percent 5-Star Reviews | 45% | 12% |
| Percent 1- Star Reviews | 48% | 71% |
| Total Number of Reviews | 4,764 | 24 |
https://www.trustpilot.com/review/www.metrobankonline.co.uk
https://www.trustpilot.com/review/danskebank.co.uk
Metro Bank vs Danske Bank UK App Reviews
| Metro Bank | Danske Bank UK | |
| iPhone Review Score (out of 5) | 4.8 | 4.4 |
| Number of iPhone Reviews | 182,900 | 2,900 |
| Android Review Score (out of 5) | 4.6 | 4.4 |
| Number of Android Reviews | 41,500 | 2,890 |
https://apps.apple.com/gb/app/metro-bank/id1175525592
https://apps.apple.com/gb/app/mobile-bank-uk-danske-bank/id1365361930
Metro Bank vs Danske Bank UK Account Fees & Charges
| Metro Bank | Danske Bank UK | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 12 Months | 24 Months |
| Cheapest Monthly Account Fee | Free | £7 |
| Most Expensive Monthly Account Fee | £6.00 | £48 |
| Electronic Payment Cost (in/out) | 30p | 45p |
| Cash Payments Cost (in/out) | 1.00% | 90p / £1.40 per £100 |
| Cheques (in/out) | 30p | 80p / 90p per item |
| CHAPS Payments Cost | £25 | £20 |
| SEPA Payments Cost | 20p | No |
Metro Bank vs Danske Bank UK Business Savings Rates
| Metro Bank | Danske Bank UK | |
| Types of Business Savings Accounts | Instant access, Fixed term | Business Investment Account, Fixed Term Deposit |
| Lowest Savings Rate (AER) | 1.10% | 1.65% |
| Maximum Savings Rate (AER) | 4.41% | 4.60% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Metro Bank vs Danske Bank UK Account Opening Times
| Metro Bank | Danske Bank UK | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 day | 10 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Metro Bank vs Danske Bank UK Features & Account Types
| Metro Bank | Danske Bank UK | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | 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 | Limited locations in England & Wales only | Nothern Ireland oly |
Metro Bank vs Danske Bank UK Customer Support Options
| Metro Bank | Danske Bank UK | |
| 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 |
Metro Bank vs Danske Bank UK Foreign Currency Accounts
| Metro Bank | Danske Bank UK | |
| 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 Danske Bank UK
| Metro Bank | Danske Bank UK | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Metro Bank vs Danske Bank UK Banking Basics
| Metro Bank | Danske Bank UK | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 488982 | 122261 |
| Website | Metro Bank Website | Danske Bank UK Website |
Common Comparison Questions
Does Metro Bank or Danske Bank UK 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, Danske Bank UK scores 2 out of 5 based 24 Trustpilot reviews. Of which 12% are 5-star and 71% are 1-star.
Does Metro Bank or Danske Bank UK 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, Danske Bank UK’s iPhone App is rated 4.4 out of 5 based on 2,900 reviews. And it’s Android App is rated 4.4 out of 5 based on 2,890 reviews.
Does Metro Bank or Danske Bank UK 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, Danske Bank UK offers Business Investment Account, Fixed Term Deposit accounts with interest rates ranging from 1.65% to 4.60% (AER).
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For other business bank accounts see our guide here.