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access your savings, any time

Instant Access Savings

For a flexible savings option choose our Instant Access Savings account. Save what you want, when you want and get instant access to your cash if you need to.

Make your money grow

Build your savings with 0.30% AER interest. Start earning interest on as little as £1.

Easy access to your money

Need to dip into your savings? No problem. You’ll have instant access to your money – in store, online and by phone.

Save the way you want to

Grow your savings, your way. Put away a lump sum or save regularly – it’s up to you.

OPEN AN ACCOUNT ONLINE OR VISIT us in STORE

The Nuts and Bolts

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

Interest rateSave fromInterest paid
0.30% AER £1  Monthly

AER stands for annual equivalent rate. It shows how much the interest rate would be if the interest was worked out once a year. You can use it to compare different financial products.


Eligibility

To open an account you need to be:

  • Aged 16 or over
  • Resident in the UK. You’ll also need to provide 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.

Our savings promise

We promise to give you our best available rate – always. If we launch a new account with the same features but a better rate, we’ll automatically upgrade you to it.


Your savings and tax

Since 6 April 2016, you can earn up to £1,000 a year on your savings tax-free if you pay the basic rate of tax and up to £500 a year if you pay the higher rate of tax. This is called your Personal Savings Allowance. Interest on your savings is now paid without tax being taken off. The interest from ISAs doesn’t count towards your Personal Savings Allowance.


Charges for banking services

We’ll charge you for issuing a banker’s cheque. Each cheque costs £15.


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 Instant Access Savings.

Instant Access Savings Account Details (PDF)(747KB)

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

APPLY FOR AN INSTANT ACCESS SAVINGS ACCOUNT

Open an account online

Come and see us in store

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FAQs

  • How do I open an Instant Access Savings Account?

    Just pop into a store or apply online.

    What you need to bring with you if you come into store.

    If you're an existing customer you can open an account by logging in to internet banking or by calling us on 0345 08 08 500.

  • How do I transfer money from another account into my Instant Access Savings Account?

    You can transfer money from existing Metro Bank accounts online, in store or by calling us on 0345 08 08 500. If you’re transferring money from another bank or building society, you’ll need to give them your new Metro Bank details. 

  • Where can I find the rate for my Metro Bank account that’s now closed to new savers?

    You can find the rates for any account that is not listed on the current rates page set out in Rates for Closed Products.

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.

In-store

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

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.

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YOUNG SAVERS

Get into good habits

It's never too early to start saving. If you've got a special purchase in mind open a Young Savers account and watch your money grow.

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.

HOW WE CAN HELP

A safer spot

Never mind under a mattress or in a sock drawer – your valuables need proper security. We have 5 sizes of Safe Deposit Boxes available.