Metro Bank Current Account - Metro Bank

Metro Bank Current Account

Metro Bank
0 % AER
Headline Interest Rate
X
Switching bonus
  • Overdraft facility
  • Customer rating: 4.90 (out of 5)
  • No monthly charge
  • Minimum Monthly Credit: £ 0
    • Open by:
No fees on European spending or cash withdrawals
Fees charged outside of Europe

This account may be appropriate for you if

  • You are older than 18

Switching bonus

Member of Current Account Switching Service: No
Switching Bonus Conditions: This incentive is not offered.
Match Current Overdraft Offer: No

Credit Interest

Annual Interest Paid By Balance:
BalanceAnnual Interest Paid
£ 5000 %
£ 1,0000 %
£ 5,0000 %
£ 10,0000 %
£ 25,0000 %
Headline Interest Rate: 0 % AER
Monthly Reward: £ 0

Overdrafts

Cost of Authorised Overdraft:
ScenarioCost
£ 250 overdrawn by 5 days£ 0
£ 500 overdrawn by 10 days£ 2
£ 1,000 overdrawn by 30 days£ 11
Overdraft Available: Yes
Authorised Overdraft Rate: 15 %
Unauthorised Overdraft Rate (APR/EAR): 15 % (equivalent to 1.25 % per month)
Overdraft Fees Apply From: £ 0 overdrawn
Cost of Unauthorised Overdraft: no charge
Cost of £100 Overdraft Breach for 10 Days: £ 0

Payment options

ATM Card
Cheque Bookoptional
Passbook
Debit CardMasterCard
Standing Order
Direct Debits

Access and usage

Banking by
Bank
Post
Phone
Internet
Maximum ATM Withdrawal: £ 300

Perks

Prepaid card
Home emergency cover
Extended warranty cover
Airport lounge access
Preferential travellers money rates
Preferential travellers cheque rates
Free life insurance
Free home insurance
Free car insurance
Breakdown cover
Voucher and discount deals
Entertainment deals
Mobile phone cover

Charges

Charges for Unpaid Items: £ 10
Charges for Paid Items: £ 10

Cost Abroad

ATM Charge Europe: Free
ATM Charge World: £ 2 when withdrawing the equivalent of £ 100
Debit Card Charge Europe: No exchange rate fees
Debit Card Charge World: No exchange rate fees

Additional Charges

Charge for Replacement Statement: £ 0
ATM Withdrawal Charge: £ 0
Bankers Draft Charge: £ 15
Charge For Cheque Receipts: £ 0
Bankers Reference Charge: £ 0
CHAPS Charge: £ 25
Charges For Cancelled Cheques: £ 10

Moneywise Best Buys

Current Accounts

ProductAER
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Santander 123 Current Account - Santander1.5%
Tesco Bank Current Account - Tesco Bank3%
TSB Classic Plus - TSB3%

Customer ratings

About the bank

  • Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
  • Banking Licence Held By: Metro Bank PLC