Is Santander or Metro Bank better for your small business?
Below we look at both Santander and Metro Bank 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.


Santander vs Metro Bank Trustpilot Reviews
Santander | Metro Bank | |
Trustpilot Review Score (out of 5) | 1.4 | 2 |
Percent 5-Star Reviews | 8% | 45% |
Percent 1- Star Reviews | 85% | 48% |
Total Number of Reviews | 6,868 | 4,764 |
https://www.trustpilot.com/review/www.santander.co.uk
https://www.trustpilot.com/review/www.metrobankonline.co.uk
Santander vs Metro Bank App Reviews
Santander | Metro Bank | |
iPhone Review Score (out of 5) | 4.8 | 4.8 |
Number of iPhone Reviews | 1,100,000 | 182,900 |
Android Review Score (out of 5) | 4.4 | 4.6 |
Number of Android Reviews | 54,300 | 41,500 |
https://apps.apple.com/gb/app/santander-mobile-banking/id482973524
https://apps.apple.com/gb/app/metro-bank/id1175525592
Santander vs Metro Bank Account Fees & Charges
Santander | Metro Bank | |
Free Business Bank Account | Yes | Yes |
Free Business Account Term Length | 18 Months | 12 Months |
Cheapest Monthly Account Fee | Free | Free |
Most Expensive Monthly Account Fee | £7.50 | £6.00 |
Electronic Payment Cost (in/out) | Free | 30p |
Cash Payments Cost (in/out) | 70p per £100 | 1.00% |
Cheques (in/out) | Unknown | 30p |
CHAPS Payments Cost | £25 | £25 |
SEPA Payments Cost | No | 20p |
Santander vs Metro Bank Business Savings Rates
Santander | Metro Bank | |
Types of Business Savings Accounts | Instant access, Business Reward Saver, Fixed Rate Business Bond, Treasurer’s Savings Account | Instant access, Fixed term |
Lowest Savings Rate (AER) | 0.40% | 1.10% |
Maximum Savings Rate (AER) | 3.60% | 4.41% |
Minimum Savings Amount | £1 | £1 |
Interest Paid On Foreign Currencies | Yes | Yes |
Santander vs Metro Bank Account Opening Times
Santander | Metro Bank | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | Few minutes | 1 day |
Do They Check Your Credit? | Yes | Yes |
Current Account Switch Service | Yes | Yes |
Santander vs Metro Bank Features & Account Types


Santander | Metro Bank | |
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 | UK-wide | Limited locations in England & Wales only |
Santander vs Metro Bank Customer Support Options
Santander | Metro Bank | |
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 |
Santander vs Metro Bank Foreign Currency Accounts
Santander | Metro Bank | |
US Dollar (USD) Bank Accounts | Yes | Yes |
Euro (EUR) Bank Accounts | Yes | Yes |
Other Currencies Available: |
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Other Business Services From Santander and Metro Bank


Santander | Metro Bank | |
Business Loans | Yes | Yes |
Commercial Mortgages | Yes | No |
Invoice Financing | Yes | Yes |
International Payments | Yes | Yes |
Merchant Payment Services | Yes | Yes |
Card Machines | Yes | No |
Free Accounting Software | Yes | No |
Santander vs Metro Bank Banking Basics
Santander | Metro Bank | |
Bank Type | High Street | High Street |
FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
FCA Number | 106054 | 488982 |
Website | Santander Website | Metro Bank Website |
Common Comparison Questions
Does Santander or Metro Bank have better customer reviews?
Santander scores 1.4 out of 5 based 6,868 Trustpilot reviews. Of these reviews 8% are 5-star and 85% are 1-star.
Whereas, Metro Bank scores 2 out of 5 based 4,764 Trustpilot reviews. Of which 45% are 5-star and 48% are 1-star.
Does Santander or Metro Bank have a better App?
Santander’s iPhone App is rated 4.8 out of 5 based on 1,100,000 reviews. And it’s Android App is rated 4.4 out of 5 based on 54,300 reviews.
In comparison, 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.
Does Santander or Metro Bank have better business savings rates?
Santander offers the following types of business savings accounts: Instant access, Business Reward Saver, Fixed Rate Business Bond, Treasurer’s Savings Account with interest rates ranging from 0.40% to 3.60%. (AER)
In contrast, Metro Bank offers Instant access, Fixed term accounts with interest rates ranging from 1.10% to 4.41% (AER).
See Other Comparisons:Santander vs TSB
Santander vs Starling Bank
Santander vs Shawbrook Bank
Santander vs RBS (Royal Bank of Scotland)
Santander vs Wise
For other business bank accounts see our guide here.