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Your current account, your way

Current Account

Our straightforward Current Account covers all your banking needs with no monthly fee to pay. 
Can’t make it into a store? Open your new Current Account online

In store or online, the choice is yours

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

Free transactions in Europe

Going abroad? We won't charge you for using your cards or getting cash out in European countries.*

Simple, hassle-free switching

We can switch your salary, direct debits and standing orders in 7 days. Guaranteed.

Open an account

Open an account online

Resume opening your account

Open a Current Account online today

You can join the revolution from anywhere in the UK. All you need is a photo ID, three years of address history and a selfie

Start banking online straightaway. Your card will arrive in days or you can pick it up at any store 7 days a week.

Come and see us today

We're open early til late, 362 days a year, 7 days a week.

The Nuts and Bolts

We’re up front with our customers about everything. We’ve created this handy summary of our Current Account key features so you can see the important information from the get-go.

Minimum balanceMonthly feesOverdraft interest
None Zero 15% EAR

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

If you’re wanting to open an account online, you’ll need photo ID and be able to upload a selfie. For those who aren’t a UK, EU, EEA or Swiss national, we're working on extending our system to cover biometric residence permits, but for the time being, you’ll need to come in store to open an account. We can only accept the original documents. Photocopies and handwritten passports or ID cards are not valid.


Overdrafts

We offer overdrafts on request and we'll make a decision depending on your personal circumstances.

We’ll send you a free text message when you’ve gone past your overdraft limit and let you know when you need to top up 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.

Arranged and unarranged overdrafts have a typical interest rate of 15% EAR (variable).  

'EAR' (variable) explained 

'EAR’ stands for Effective Annual Rate. It shows what you would pay if interest were charged and added to the amount you owe once every year, instead of monthly. It doesn’t include fees for unauthorised overdrafts.

‘Variable’ means we may change these rates and charges from time to time, or introduce new charges. If this means you’ll pay more, we’ll let you know beforehand. Interest is calculated daily and charged monthly. Your monthly statement will show how much interest you’ll pay and when. Charges for unarranged overdrafts or for going over your agreed overdraft will be shown separately.


Using your debit card abroad

We won’t charge you for international debit card transactions made in most European countries. And we offer outstanding value rates in the rest of the world.

LocationCard PurchaseCash Withdrawal
In Europe* FREE FREE
Outside Europe* 2.75% 2.75% + £1.50

*Where can I use my card for free in Europe? 

If you use your card abroad, 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.


When you don’t have enough in your account

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
  • Decide not to make the payment

We’ll charge a flat fee of £10 for each payment made and for each payment refused.

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, we’ll charge interest on the new balance, but we won’t charge the £10 fee for payments made.


The monthly cap on unarranged overdraft charges

  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 each payment Metro Bank allows despite lack of funds; and 
    (c) fees for each payment Metro Bank refuses due to lack of funds


Helpful failed payment alerts

We process standing orders, Direct Debits and future dated payments in the morning. If you don't have enough funds in your account to cover a payment, we'll send you a text message to let you know so you can pay in the money. We'll try to make the payment again at 2pm on the same day, and if we're successful we won't charge you.


Cheques

Cheques normally take 5 working days to process. If you’d like to know how quickly you can withdraw your funds after a cheque has been paid into your account you can take a look at our cheque clearance guide.


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)(880KB)

Our Service Relationship with Personal Customers (PDF)(1.2MB)

Don't need all the features of a Current Account?

The Cash account

The straightforward, easy way to manage your day-to-day spending if you don't need all the features of a Current account, if you are not eligible for one, or if you are under 18.

There are no Direct Debits or overdrafts. And you can stay on budget with online spending and foreign transaction limits. Pop in store with proof of ID to open your account on the same day – no need for an appointment.

FAQs

  • How do I open an account?

    We’ve made it really easy to open an account with Metro Bank. Just come in to one of our stores or apply online - all you’ll need is proof of your identity. Your current account will be up and running straight away. If you’re in store, we’ll print your bank card and cheque book there and then. If you open your account online, your card will arrive within a few days.

    What you need to open an account in store or online.

  • How do I switch my account from another bank?

    Switching your Current Account to Metro Bank couldn’t be simpler. Just pop into one of our stores. They’re open 7 days a week. We’ll take care of everything for you. And we’ll have your whole switch done in 7 working days. Guaranteed.

    What you’ll need to switch

  • Can I switch my Current Account if I’m overdrawn?

    Yes. And we’ll match your existing overdraft where we can, depending on your financial status.

  • Can I open a joint Current Account?

    Yes, just pop into one of our Stores. You can open a joint account to manage your money together. You can even switch your existing joint account to us.

  • Will my Metro Bank card be contactless?

    Yes. All Metro Bank cards support contactless payments. Just tap on the reader at the till and you're done.

  • Can I still access my transaction history for closed accounts?

    Yes. If you choose to close your account, we will offer you the option to receive up to 5 years’ worth of prior transaction history at the point of account closure. We retain your transaction history for at least 5 years after you closed your account, so you can also  request up to 5 years’ worth of prior transaction history from the date of the request. To make a request, you can visit us in store or call us on 0345 08 08 500.

    We will provide a printed version of your transaction history via post, normally within 7 working days. You can also download your transaction history using online banking before you close your account.

    Accounts which have been closed due to fraud or other unlawful activity, impairment or which have had no activity in the past 5 years will not be eligible to receive transaction history.

Your ways to bank

Online

Metro Bank 24/7. Check balances, make payments, see transactions and open new accounts any time - all with internet banking.

Mobile

Control your money on the move with our mobile banking app. Check balances, move money, make payments and more wherever you are.

Telephone

If you need help you can talk to a real person in our UK contact centre 24 hours a day, 7 days a week, 365 days a year.

In-store

A friendly face and a quick answer. And all the usual payment services too. We're open 362 days a year.

Some things you might like...

SWITCHING TO US

7-day Switch Guarantee

Switching your current account to Metro Bank is simple and hassle-free. And we guarantee to have it all done and dusted for you in 7 days.

BANKING WITH US

Same-day account opening

Apply in store and we'll print your card there and then. Having the right documents will help make the process go smoothly.

Banking with us

Using your card abroad

Going on holiday or taking a business trip? Our debit and credit cards make your purchases and taking out cash abroad as convenient as possible.

FSCS

Protecting your money

Your eligible deposits with Metro Bank are protected by the FSCS.