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Metro Bank VS Saffron Building Society: Business Banking Review & Fee Comparison


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

Is Metro Bank or Saffron Building Society better for your small business?



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Below we look at both Metro Bank and Saffron Building Society 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


Saffron Building Society Homepage
Saffron Building Society Homepage
 

Metro Bank vs Saffron Building Society Trustpilot Reviews

Metro BankSaffron Building Society
Trustpilot Review Score (out of 5)22.2
Percent 5-Star Reviews45%21%
Percent 1- Star Reviews48%73%
Total Number of Reviews4,76458
Sources:
https://www.trustpilot.com/review/www.metrobankonline.co.uk
https://www.trustpilot.com/review/saffronbs.co.uk

Metro Bank vs Saffron Building Society App Reviews

Metro BankSaffron Building Society
iPhone Review Score (out of 5)4.83.7
Number of iPhone Reviews182,90024
Android Review Score (out of 5)4.63.7
Number of Android Reviews41,50014
Sources:
https://apps.apple.com/gb/app/metro-bank/id1175525592
https://apps.apple.com/gb/app/saffron-building-society/id1482290341

Metro Bank vs Saffron Building Society Account Fees & Charges

Metro BankSaffron Building Society
Free Business Bank AccountYesNo
Free Business Account Term Length12 MonthsNA
Cheapest Monthly Account FeeFree£10
Most Expensive Monthly Account Fee£6.00£10
Electronic Payment Cost (in/out)30pFree
Cash Payments Cost (in/out)1.00%Free
Cheques (in/out)30p£1.50
CHAPS Payments Cost£25£15
SEPA Payments Cost20p25p

Metro Bank vs Saffron Building Society Business Savings Rates

Metro BankSaffron Building Society
Types of Business Savings AccountsInstant access, Fixed termRegular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts
Lowest Savings Rate (AER)1.10%1.20%
Maximum Savings Rate (AER)4.41%5.75%
Minimum Savings Amount£1£1
Interest Paid On Foreign CurrenciesYesNo
 

Metro Bank vs Saffron Building Society Account Opening Times

Metro BankSaffron Building Society
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 dayUndisclosed
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesYes

Metro Bank vs Saffron Building Society Features & Account Types

Metro Bank Account Types
Metro Bank Features & Account Types


Saffron Building Society Account Types
Saffron Building Society Features & Account Types


Metro BankSaffron Building Society
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftYesNo
Accounts For StartupsYesNo
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesYes
Branch LocationsLimited locations in England & Wales onlyLocations in Essex only

Metro Bank vs Saffron Building Society Customer Support Options

Metro BankSaffron Building Society
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesYes

Metro Bank vs Saffron Building Society Foreign Currency Accounts

Metro BankSaffron Building Society
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
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)
No

Other Business Services From Metro Bank and Saffron Building Society

Metro Bank Account Types
Other Metro Bank Services


Saffron Building Society Account Types
Other Saffron Building Society Services


Metro BankSaffron Building Society
Business LoansYesYes
Commercial MortgagesNoYes
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Metro Bank vs Saffron Building Society Banking Basics

Metro BankSaffron Building Society
Bank TypeHigh StreetBuilding Society
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number488982100015
WebsiteMetro Bank WebsiteSaffron Building Society Website

Common Comparison Questions

Does Metro Bank or Saffron Building Society 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, Saffron Building Society scores 2.2 out of 5 based 58 Trustpilot reviews. Of which 21% are 5-star and 73% are 1-star.

Does Metro Bank or Saffron Building Society 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, Saffron Building Society’s iPhone App is rated 3.7 out of 5 based on 24 reviews. And it’s Android App is rated 3.7 out of 5 based on 14 reviews.

Does Metro Bank or Saffron Building Society 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, Saffron Building Society offers Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts accounts with interest rates ranging from 1.20% to 5.75% (AER).

See Other Comparisons:
Metro Bank vs OakNorth
Metro Bank vs Airwallex
Metro Bank vs Triodos Bank
Metro Bank vs Soldo
Metro Bank vs Cambridge Building Society


For other business bank accounts see our guide here.

 



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