Credit card
We’re withdrawing Credit Cards from our product range
After a recent review of our Personal Credit Card, we’ve made the decision to withdraw this product from sale. Please see information below on how this may affect you and your account.
New Customers
We’re no longer accepting new applications for this product.
Existing Customers
In line with our Terms and Conditions, from the 10 September 2024, you won’t be able to make purchases or withdraw cash using your Metro Bank Personal Credit Card. Before this date all the information below still applies for our existing Personal Credit Cardholders. You can find our Personal Credit Card Terms and Conditions at the bottom of this page.
We also retain the right to place a restriction on your account before 10 September 2024, and we’ll let you know if we’ve done this by contacting you by letter or email.
We take a few things into consideration when making these decisions including whether you have a zero or in-credit balance, haven’t used your card for an extended period, or if we consider it in your interest to do so as listed in Section 2 of our Personal Credit Cards Terms and Conditions.
For more information, please see our Credit Card Questions and Answers and if you have any questions, please contact us on 0345 0808 500* or speak to one of our colleagues in any of our stores.
*Metro Bank won't charge you for your call however, you may be charged by your service provider.
One low rate
Our Credit Card comes with one rate of 18.9% APR (variable), which could help make your spending more manageable.
No monthly fee
However much you spend, you won’t be charged any monthly or yearly fees just for having your card.
Free European transactions*
We won’t charge you any fees for using our credit card in most European countries. Find out more.
Representative example: Representative 18.9% APR (variable) interest rate: 18.9% pa (variable). Based on an assumed credit limit of £1,200 with no annual fee. Lending is subject to status and affordability, T&Cs apply.
The Nuts and Bolts
We’re up front with our customers about everything. We’ve created this handy summary of our Credit Card's key features so you can see the important information from the get-go.
| Rate | Monthly fees | Interest-free period | Credit limits from |
|---|---|---|---|
| Representative 18.9% APR (variable) | Zero | Up to 56 days | £500 |
APR stands for annual percentage rate. It’s intended to give you a more accurate idea of how much you are being charged when you borrow money. It takes into account the interest on the loan and other charges you have to pay, for example any arrangement fee.
Keep a close eye on your money
You can now choose to receive alerts from your Metro Bank mobile banking app every time your credit or debit cards are used to make a transaction. This includes payments in shops, online purchases and cash machine withdrawals. Find out more
Using your card abroad
We won’t charge you for international credit card transactions made in most European countries. And we offer outstanding value rates in the rest of the world.
| Location | Card Purchase | Cash Withdrawal |
|---|---|---|
| In Europe* | FREE | FREE |
| Outside Europe* | 2.99% | 2.99% + £1.50 |
*Where can I use my card for free in Europe?
Show which countries you can use your card in for free Hide which countries you can use your card in for free
When we refer to Europe we regard the countries which are part of the Single European Payments Area (SEPA).
- 19 EU Euro countries - Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain
- 8 EU non-Euro countries - Bulgaria, Croatia, Czech Republic, Denmark, Hungary, Poland, Romania, Sweden
- 3 non-EU, Euro countries – Andorra, Monaco, San Marino
- 4 non-EU, non-Euro countries - Iceland, Liechtenstein, Norway, Switzerland
All territories are included by their associated owning country.
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.
Get all the details to read at your leisure
Download our PDFs to read when you like - they contain all the ins and outs of our Credit Card.
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Features explained
Up to 56 days interest-free
This applies to purchases when you pay your full balance on time. (The first interest-free period may be shorter if you take out your Credit Card part-way through the month). If your balance isn’t paid in full, interest is charged daily from the transaction date until we receive your payment.
Card usage alerts
Set up card usage alerts to let you know when, where and for how much your card has been used.
Say hello to spending Insights
Find Insights on our mobile app – see spending trends and upcoming payments in personalised reports, giving you more control over your finances.
Paperless statements
We’ll email you every month to let you know your monthly statement is available online. If you need a paper statement, just ask.
No interest-free period on cash advances
You build up interest from the day you take out cash, until you repay the money back.
Pay with a tap
You can make contactless payments with your Credit Card up to £100. Plus, you can add your card to your Apple Pay or Google Pay wallet to pay using your phone, and there’s no limit.
Looking for independent advice?
Money Helper can provide independent advice and information on dealing with your debt. Visit them at https://www.moneyhelper.org.uk/
FAQs
How do I pay money into my account?
There are a few different ways you can pay money into your Metro Bank account, the fastest being a payment from one bank to another. You can also deposit a cheque or pay cash* into your account at your nearest store.
*Please note that you may be asked additional questions about the source of funds to help keep your money safe.
We’ve introduced limits on the amount of cash customers can pay into their Metro Bank account each day.
- Personal accounts – new daily limit £5,000*
- Business accounts (including community accounts) – new daily limit £10,000*
*If you are depositing foreign currency into a ‘regular’ GBP or a Foreign Currency Account, this will be the GBP equivalent of the above limits using the exchange rate on the day of the deposit
The new cash deposit limit for Commercial Current Accounts won’t be introduced until early 2023. If you have this type of account, your Relationship Manager will be in touch nearer the time to discuss the new limit with you.
Changes to who can pay in cash
To pay cash into a Metro Bank account you must either:
- be named on the account, or
- have authority to manage the account – e.g. power of attorney, or
- be paying less than £250 into a Young Savers account if you are not named on the account (the account holder or a named person on the account can pay in larger amounts), or
- an employee paying into a business or commercial account for your employer, using a pre-printed paying-in slip issued to the account holder.
Exchanging cash
You can only exchange cash over the counter if you’re a Metro Bank customer.
Are there any fees?
There’s no annual fee, just one simple low rate of 18.9% Representative APR (Variable).
There are charges for using your card outside Europe.