Current Accounts

*APR stands for Annual Percentage Rate. It shows what the interest rate would be if interest was charged and added to the amount owed once each year including any additional fees. However, we don’t charge any additional fees.

Eligibility

You can apply for our Current Account if:

• You’re aged 18 or over
• You’re a UK resident
• You’ll have proof of your identity and address. If you’re a non-UK, EU, EEA or Swiss national, you’ll need a valid visa/residence permit.

Here’s a list of what you need

Using your debit card abroad

We don’t charge you for debit card payments and cash withdrawal in a foreign currency in most European countries. And we offer outstanding value rates in the rest of the world.

If you make a debit card payment or a cash withdrawal in a foreign currency outside the UK, any foreign currency transaction will be converted into sterling on the day it’s paid out of your account. The exchange rate is set by MasterCard®. MasterCard® is a registered trademark of MasterCard International Incorporated.

Overdrafts

We offer arranged overdrafts on request and we'll make a decision depending on your personal circumstances. You can apply for an overdraft in store, or over the phone on 0345 08 08 500.

Arranged and unarranged overdrafts have a typical interest rate of 34% APR (variable). More information can be found on our overdraft calculator page. APR stands for Annual Percentage Rate. It shows what the interest rate would be if interest was charged and added to the amount owed once each year including any additional fees. However, we don’t charge any additional fees.

If we receive a request for a payment but you don’t have the funds in your account to cover it, we will either:

• Give or extend an unarranged overdraft and make the payment
• Refuse the payment due to lack of funds

We do not charge a fee for any payment made or refused due to a lack of funds.

Helpful payment alerts

We’ll send you a free text message when you’ve used or are due to use your arranged or unarranged overdraft limit on your account to minimise any interest charges. You can always opt out of these messages if you want. Simply ask us in store or give us a ring on 0345 08 08 500.

We process standing orders, Direct Debits and future dated payments in the morning. Top up your account and we’ll try to make the payment again at 2pm on the same day.

Find out more information on our terms and services

Maximum monthly overdraft charges

 In any given month we’ll never charge you more than the monthly cap of £60 for charges relating to an unarranged overdraft. If deducting interest causes you to go overdrawn or increases your overdraft, you’ll only be charged interest on the new balance.

1. Each current account will set a monthly maximum charge for: 

   (a) going overdrawn when you have not arranged an overdraft; or 
   (b) going over/past your arranged overdraft limit (if you have one).

2. This cap covers any: 

   (a) interest and fees for going over/past your arranged overdraft limit; 
   (b) fees for any payment made despite lack of funds (Metro Bank does not charge for these)
   (c) fees for any payment refused due to lack of funds (Metro Bank does not charge for these).

Get all the details to read at your leisure

Download our PDF to read when you like - it contains all the ins and outs of our Current Account.

Current Account details (PDF)(288KB)

Our Service Relationship with Personal Customers (PDF)(1.9MB)

Ready to apply?

Either pop in store and get your card there and then, or open your account online and have it arrive via post within days. No appointments needed.

Apply online now  Find your nearest store

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