Cash ISAs
Metro Bank savings accounts review
Metro Bank offers a broad range of savings accounts with interest rates up to 3.45%.
No reviews yet.
Write a review
Founded in 2010, Metro Bank offers a wide range of financial products, including a number of different savings accounts and ISAs.
Metro Bank's top savings rate of 3.45% is available on one of its cash ISA accounts.
Cash ISAs
Table: sorted by interest rate
Metro Bank's best cash ISA rate of 3.45% is significantly lower than today's market-best rate of 5.46%.
1 - 5 of 5
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseFixed-rate bonds
Table: sorted by interest rate
Metro Bank's best fixed-rate bond rate of 3.45% is significantly lower than today's market-best rate of 5%.
1 - 5 of 10
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseBusiness savings accounts
Table: sorted by interest rate
Metro Bank's best business savings account rate of 3% is significantly lower than today's market-best rate of 4.55%.
1 - 2 of 23
Compare other products
We currently don't have that product, but here are others to consider:
How we picked these
What is Metro Bank's best savings account with the highest interest rate?
The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.
Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Metro Bank offers, plus the highest interest rate currently available.
| Savings account types include | Cash isas, fixed-rate bonds, business |
|---|---|
| Best cash ISA rate | 3.45% |
| Best fixed-rate bond rate | 3.45% |
| Best business savings account rate | 3% |
| Fixed bond terms | 3 months - 3 years |
| Opening options | Branch, website |
| FSCS protection |
Other popular accounts
Didn’t find the account type you were looking for? Check our other guides:
How to open an account
You can open a Metro Bank savings account online by filling in a form. The process should take around 10 minutes and you’ll need:
- An email address
- UK mobile number
- Photo ID
- A device with a camera to take a selfie
You’ll need to provide some details about yourself and your finances and you’ll need to set up online banking.
Alternatively, you can apply for an account in branch.
Documents needed to open an account
To open an account you’ll need to provide a few documents. If you’re a UK, EEA or Swiss national, these include:
- Proof of identity. A valid passport, EU national ID card or UK driving licence.
- Proof of address (1 or 2 types depending on circumstances). For example, a UK photocard driving licence, council tax bill, tenancy agreement, bank statement, HMRC document or utility bill.
If you’re not a UK, EEA or Swiss national:
- You can open an account in branch with a valid passport containing your current visa or biometric residence permit.
- You’ll also need 1 or 2 proofs of address.
If you’re aged 11–15 you’ll need to go into a store with your parent or guardian. Parents or guardians must provide the documents above, plus one of the following for the child opening the account:
- Valid passport
- Birth certificate
- NHS medical card
- Child Tax Credit or Child Benefit documentation
Is Metro Bank safe?
Yes, Metro Bank is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and PRA. All eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS). This rises to £170,000 for joint accounts.
Pros and cons
Pros
- Multiple ways to bank. Manage your account online, over the phone, in branch or via the app.
- Flexibility. Metro Bank offers a range of accounts, whether you’re looking for easy access or long-term gains.
- Open to all. You can still open an account if you’re not a UK, EEA or Swiss national.
- FSCS protection. Money in accounts will be protected up to £85,000 per person.
Cons
- Better rates elsewhere? Metro Bank doesn’t have the most competitive interest rates so shop around to see if you can get higher rates elsewhere.
Customer service information for Metro Bank
| Email support | |
|---|---|
| Telephone support | |
| In-app or live chat | |
| Contact form | |
| Branch support |
Our verdict: Is a savings account from Metro Bank worth it?
Metro Bank offers a variety of savings accounts to suit different purposes. This means there’s likely to be at least one account for you, whether you want to be able to access your money when required or you’re happy to lock away some funds for a set time. Account holders also benefit from being able to open accounts online or in branch, and being able to manage their money in multiple ways. Plus, these accounts are not restricted to UK, EEA or Swiss nationals only.
That said, it’s worth checking out our other reviews first to see how Metro Bank savings accounts compare to others on the market.
Frequently asked questions
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
FREE interest rate alerts
Sign up to receive the latest deals, expert tips, and a chance to win £400! (T&Cs)
Error placeholder Click here to sign in
More resources on Finder
More guides on Finder
-
Working from home statistics: How many people work from home?
Our research found that 41% of Brits work from home at least some of the time as of March 2025. We look at who is working from home and how working from home affects productivity.
-
What is the average savings interest rate in the UK?
High inflation could be making your savings accounts lose value in “real terms”. We look at historical savings versus inflation rates.
-
Savings statistics: Average UK savings in 2025
Our 2025 savings statistics show the average person in the UK has £16,067 in savings but 1 in 6 Brits (16%) have no savings at all.
-
Emergency fund: What it is and how to build one
This type of savings account can save you from a lot of financial stress and anxiety.
-
Paying tax on interest from a savings account
If you earn interest from a savings account, you need to pay tax on that interest at the same rate as the rest of your annual taxable income.
-
easyMoney Innovative Finance ISA review
Discover the most noteworthy qualities of easyMoney compared to other Innovative Finance ISA providers.
-
My Community Finance savings account review
In this guide, you’ll learn about the pros and cons of the savings accounts available from My Community Finance.
-
Compare the best ISA rates for over-50s UK 2025
If you’re over 50 looking for the best ISA rates, this guide will provide all the information you need
-
How long does it take to save for a house around the UK?
We look at 56 cities in the UK to see where it would be quickest and slowest to save up for a deposit on a house.
-
Nationwide savings account rates compared
Nationwide’s savings account options explained. Whether you’re happy to tie up your money or need instant access, we’ve covered the options.