Is Metro Bank or PayPal Debit better for your small business?
Below we look at both Metro Bank and PayPal Debit 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 PayPal Debit Trustpilot Reviews
| Metro Bank | PayPal Debit | |
| Trustpilot Review Score (out of 5) | 2 | 1.4 |
| Percent 5-Star Reviews | 45% | 20% |
| Percent 1- Star Reviews | 48% | 73% |
| Total Number of Reviews | 4,764 | 5,277 |
https://www.trustpilot.com/review/www.metrobankonline.co.uk
https://www.trustpilot.com/review/www.paypal.co.uk
Metro Bank vs PayPal Debit App Reviews
| Metro Bank | PayPal Debit | |
| iPhone Review Score (out of 5) | 4.8 | 4.1 |
| Number of iPhone Reviews | 182,900 | 1,600 |
| Android Review Score (out of 5) | 4.6 | 3.3 |
| Number of Android Reviews | 41,500 | 91,500 |
https://apps.apple.com/gb/app/metro-bank/id1175525592
https://apps.apple.com/gb/app/paypal-business/id1053148887
Metro Bank vs PayPal Debit Account Fees & Charges
| Metro Bank | PayPal Debit | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 12 Months | NA |
| Cheapest Monthly Account Fee | Free | No |
| Most Expensive Monthly Account Fee | £6.00 | No |
| Electronic Payment Cost (in/out) | 30p | Free |
| Cash Payments Cost (in/out) | 1.00% | Free |
| Cheques (in/out) | 30p | Free |
| CHAPS Payments Cost | £25 | No |
| SEPA Payments Cost | 20p | No |
Metro Bank vs PayPal Debit Business Savings Rates
| Metro Bank | PayPal Debit | |
| Types of Business Savings Accounts | Instant access, Fixed term | None |
| Lowest Savings Rate (AER) | 1.10% | NA |
| Maximum Savings Rate (AER) | 4.41% | NA |
| Minimum Savings Amount | £1 | NA |
| Interest Paid On Foreign Currencies | Yes | Yes |
Metro Bank vs PayPal Debit Account Opening Times
| Metro Bank | PayPal Debit | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 day | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Metro Bank vs PayPal Debit Features & Account Types
| Metro Bank | PayPal Debit | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | No |
| 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 only |
Metro Bank vs PayPal Debit Customer Support Options
| Metro Bank | PayPal Debit | |
| Phone Support Available | Yes | No |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Metro Bank vs PayPal Debit Foreign Currency Accounts
| Metro Bank | PayPal Debit | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
|
|
Other Business Services From Metro Bank and PayPal Debit
| Metro Bank | PayPal Debit | |
| Business Loans | Yes | No |
| Commercial Mortgages | No | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | Yes |
Metro Bank vs PayPal Debit Banking Basics
| Metro Bank | PayPal Debit | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 488982 | 742277 |
| Website | Metro Bank Website | PayPal Debit Website |
Common Comparison Questions
Does Metro Bank or PayPal Debit 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, PayPal Debit scores 1.4 out of 5 based 5,277 Trustpilot reviews. Of which 20% are 5-star and 73% are 1-star.
Does Metro Bank or PayPal Debit 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, PayPal Debit’s iPhone App is rated 4.1 out of 5 based on 1,600 reviews. And it’s Android App is rated 3.3 out of 5 based on 91,500 reviews.
Does Metro Bank or PayPal Debit 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, PayPal Debit offers None accounts with interest rates ranging from NA to NA (AER).
See Other Comparisons:Metro Bank vs Allica Bank
Metro Bank vs Cater Allen
Metro Bank vs AIB (Allied Irish Bank)
Metro Bank vs Unity Trust
Metro Bank vs United Trust Bank
For other business bank accounts see our guide here.