Is Tide or Metro Bank better for your small business?
Below we look at both Tide 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.
Tide vs Metro Bank Trustpilot Reviews
| Tide | Metro Bank | |
| Trustpilot Review Score (out of 5) | 4.2 | 2 |
| Percent 5-Star Reviews | 73% | 45% |
| Percent 1- Star Reviews | 17% | 48% |
| Total Number of Reviews | 18,595 | 4,764 |
https://www.trustpilot.com/review/tide.co
https://www.trustpilot.com/review/www.metrobankonline.co.uk
Tide vs Metro Bank App Reviews
| Tide | Metro Bank | |
| iPhone Review Score (out of 5) | 4.7 | 4.8 |
| Number of iPhone Reviews | 64,800 | 182,900 |
| Android Review Score (out of 5) | 3.5 | 4.6 |
| Number of Android Reviews | 16,200 | 41,500 |
https://apps.apple.com/gb/app/tide-business-banking-app/id1140086177
https://apps.apple.com/gb/app/metro-bank/id1175525592
Tide vs Metro Bank Account Fees & Charges
| Tide | Metro Bank | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | No Limit | 12 Months |
| Cheapest Monthly Account Fee | £9.99 | Free |
| Most Expensive Monthly Account Fee | £49.99 | £6.00 |
| Electronic Payment Cost (in/out) | Free | 30p |
| Cash Payments Cost (in/out) | £1 | 1.00% |
| Cheques (in/out) | Free | 30p |
| CHAPS Payments Cost | No | £25 |
| SEPA Payments Cost | €0.70 | 20p |
Tide vs Metro Bank Business Savings Rates
| Tide | Metro Bank | |
| Types of Business Savings Accounts | Business savings account | Instant access, Fixed term |
| Lowest Savings Rate (AER) | 3.55% | 1.10% |
| Maximum Savings Rate (AER) | 3.55% | 4.41% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Tide vs Metro Bank Account Opening Times
| Tide | Metro Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 to 2880 minutes | 1 day |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Tide vs Metro Bank Features & Account Types
| Tide | Metro Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | Yes |
| Business Overdraft | No | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | No | Yes |
| Card Type | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | Yes |
| Branch Locations | None, online only | Limited locations in England & Wales only |
Tide vs Metro Bank Customer Support Options
| Tide | 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 | No | Yes |
Tide vs Metro Bank Foreign Currency Accounts
| Tide | Metro Bank | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Tide and Metro Bank
| Tide | Metro Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | No | No |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Tide vs Metro Bank Banking Basics
| Tide | Metro Bank | |
| Bank Type | Challenger | High Street |
| FSCS Protection | Yes, up to £85,000 via ClearBank | Yes, up to £85,000 |
| FCA Number | 754568 | 488982 |
| Website | Tide Website | Metro Bank Website |
Common Comparison Questions
Does Tide or Metro Bank have better customer reviews?
Tide scores 4.2 out of 5 based 18,595 Trustpilot reviews. Of these reviews 73% are 5-star and 17% 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 Tide or Metro Bank have a better App?
Tide’s iPhone App is rated 4.7 out of 5 based on 64,800 reviews. And it’s Android App is rated 3.5 out of 5 based on 16,200 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 Tide or Metro Bank have better business savings rates?
Tide offers the following types of business savings accounts: Business savings account with interest rates ranging from 3.55% to 3.55%. (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:Tide vs TSB
Tide vs Starling Bank
Tide vs Shawbrook Bank
Tide vs RBS (Royal Bank of Scotland)
Tide vs Wise
For other business bank accounts see our guide here.