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Metro Bank VS MultiPass: Business Banking Review & Fee Comparison


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

Is Metro Bank or MultiPass better for your small business?



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Below we look at both Metro Bank and MultiPass 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


MultiPass Homepage
MultiPass Homepage
 

Metro Bank vs MultiPass Trustpilot Reviews

Metro BankMultiPass
Trustpilot Review Score (out of 5)24.5
Percent 5-Star Reviews45%81%
Percent 1- Star Reviews48%12%
Total Number of Reviews4,76474
Sources:
https://www.trustpilot.com/review/www.metrobankonline.co.uk
https://www.trustpilot.com/review/multipass.co

Metro Bank vs MultiPass App Reviews

Metro BankMultiPass
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews182,900No Reviews
Android Review Score (out of 5)4.6No Rating
Number of Android Reviews41,500No Reviews
Sources:
https://apps.apple.com/gb/app/metro-bank/id1175525592
https://www.apple.com/uk/app-store/

Metro Bank vs MultiPass Account Fees & Charges

Metro BankMultiPass
Free Business Bank AccountYesNo
Free Business Account Term Length12 MonthsNA
Cheapest Monthly Account FeeFree£29
Most Expensive Monthly Account Fee£6.00£250
Electronic Payment Cost (in/out)30pFree + 50p
Cash Payments Cost (in/out)1.00%Free / £1 per £100
Cheques (in/out)30pFree
CHAPS Payments Cost£25£18
SEPA Payments Cost20p€1

Metro Bank vs MultiPass Business Savings Rates

Metro BankMultiPass
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 MultiPass Account Opening Times

Metro BankMultiPass
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 day10 minutes
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesNo

Metro Bank vs MultiPass Features & Account Types

Metro Bank Account Types
Metro Bank Features & Account Types


MultiPass Account Types
MultiPass Features & Account Types


Metro BankMultiPass
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 BankingYesNo
In Person/Branch BankingYesNo
Branch LocationsLimited locations in England & Wales onlyNone, online only

Metro Bank vs MultiPass Customer Support Options

Metro BankMultiPass
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Metro Bank vs MultiPass Foreign Currency Accounts

Metro BankMultiPass
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)
  • AZN
  • BRL
  • BYN
  • BGN
  • HRK
  • HUF
  • ILS
  • INR
  • KZT
  • KRW
  • LAK
  • LTL
  • MXN
  • MYR
  • NOK
  • PHP
  • PLN
  • RON
  • RUB
  • SEK
  • SGD
  • THB
  • TRY
  • UAH
  • VND
  • ZAR

Other Business Services From Metro Bank and MultiPass

Metro Bank Account Types
Other Metro Bank Services


MultiPass Account Types
Other MultiPass Services


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

Metro Bank vs MultiPass Banking Basics

Metro BankMultiPass
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number488982900840
WebsiteMetro Bank WebsiteMultiPass Website

Common Comparison Questions

Does Metro Bank or MultiPass 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, MultiPass scores 4.5 out of 5 based 74 Trustpilot reviews. Of which 81% are 5-star and 12% are 1-star.

Does Metro Bank or MultiPass 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, MultiPass’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 MultiPass 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, MultiPass offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Metro Bank vs Reliance Bank
Metro Bank vs SumUp Business Account
Metro Bank vs Cambridge & Counties Bank
Metro Bank vs Recognise Bank
Metro Bank vs Dudley Building Society


For other business bank accounts see our guide here.

 



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We do not provide merchant services nor can we recommend which solution is right for you and your business.
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