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Mettle VS Soldo: Business Banking Review & Fee Comparison


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

Is Mettle or Soldo better for your small business?



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Below we look at both Mettle and Soldo 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.

Mettle Homepage
Mettle Homepage


Soldo Homepage
Soldo Homepage
 

Mettle vs Soldo Trustpilot Reviews

MettleSoldo
Trustpilot Review Score (out of 5)4.64.7
Percent 5-Star Reviews81%77%
Percent 1- Star Reviews8%11%
Total Number of Reviews3,4181,667
Sources:
https://www.trustpilot.com/review/mettle.co.uk
https://www.trustpilot.com/review/soldo.com

Mettle vs Soldo App Reviews

MettleSoldo
iPhone Review Score (out of 5)4.92.7
Number of iPhone Reviews25,10070
Android Review Score (out of 5)4.82.9
Number of Android Reviews8,890469
Sources:
https://apps.apple.com/gb/app/mettle-business-bank-account/id1411976870
https://apps.apple.com/gb/app/soldo/id1489150365

Mettle vs Soldo Account Fees & Charges

MettleSoldo
Free Business Bank AccountYesNo
Free Business Account Term LengthNo LimitNA
Cheapest Monthly Account FeeNo£18
Most Expensive Monthly Account FeeNo£30
Electronic Payment Cost (in/out)Free£2
Cash Payments Cost (in/out)£1.50 / £2.50No
Cheques (in/out)50pFree
CHAPS Payments Cost£20No
SEPA Payments CostNo€1.50

Mettle vs Soldo Business Savings Rates

MettleSoldo
Types of Business Savings AccountsSavings potNone
Lowest Savings Rate (AER)1.46%NA
Maximum Savings Rate (AER)1.46%NA
Minimum Savings Amount£10NA
Interest Paid On Foreign CurrenciesNoYes
 

Mettle vs Soldo Account Opening Times

MettleSoldo
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
Few minutes1 day
Do They Check Your Credit?NoNo
Current Account Switch ServiceNoNo

Mettle vs Soldo Features & Account Types

Mettle Account Types
Mettle Features & Account Types


Soldo Account Types
Soldo Features & Account Types


MettleSoldo
Business Current AccountYesNo
Business Savings AccountYesNo
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNone, online only

Mettle vs Soldo Customer Support Options

MettleSoldo
Phone Support AvailableYesNo
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoNo

Mettle vs Soldo Foreign Currency Accounts

MettleSoldo
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)
  • SEK (Swedish Krona)
  • NZD (New Zealand Dollar)
  • JPY (Japanese Yen)

Other Business Services From Mettle and Soldo

Mettle Account Types
Other Mettle Services


Soldo Account Types
Other Soldo Services


MettleSoldo
Business LoansNoNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsNoYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareYesNo

Mettle vs Soldo Banking Basics

MettleSoldo
Bank TypeHigh Street/ChallengerChallenger
FSCS ProtectionYes, up to £85,000 via NatWestNo
FCA Number121878900459
WebsiteMettle WebsiteSoldo Website

Common Comparison Questions

Does Mettle or Soldo have better customer reviews?

Mettle scores 4.6 out of 5 based 3,418 Trustpilot reviews. Of these reviews 81% are 5-star and 8% are 1-star.

Whereas, Soldo scores 4.7 out of 5 based 1,667 Trustpilot reviews. Of which 77% are 5-star and 11% are 1-star.

Does Mettle or Soldo have a better App?

Mettle’s iPhone App is rated 4.9 out of 5 based on 25,100 reviews. And it’s Android App is rated 4.8 out of 5 based on 8,890 reviews.

In comparison, Soldo’s iPhone App is rated 2.7 out of 5 based on 70 reviews. And it’s Android App is rated 2.9 out of 5 based on 469 reviews.

Does Mettle or Soldo have better business savings rates?

Mettle offers the following types of business savings accounts: Savings pot with interest rates ranging from 1.46% to 1.46%. (AER)

In contrast, Soldo offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Mettle vs Cambridge Building Society
Mettle vs PayPal Debit
Mettle vs Allica Bank
Mettle vs Cater Allen
Mettle vs AIB (Allied Irish Bank)


For other business bank accounts see our guide here.

 



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