Metro Bank’s business credit card offers a flat 18.9% APR, no annual fee, and fee-free EU transactions. Find out how it works, how to apply and what alternatives might suit your business.
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Metro Bank made history in 2010 as the first new high street bank to open in the UK for over a century, and stood out among incumbent banks by offering longer hours and a focus on simple, easy-to-understand products. Their business credit card reflects this approach – providing a straightforward option for UK businesses managing day-to-day expenses and international transactions.
The card has a single interest rate of 18.9% APR with no annual fee, and includes access to Metro Bank's extended branch hours, in-person customer support, and its banking app. Here's what you need to know about its features, costs, and the application process.
All information included below is correct as of September 2025.
The Metro Bank business credit card is specifically designed for UK-based sole traders, partnerships, and limited companies. This MasterCard is exclusively available to existing Metro Bank business current account holders, making it an extension of your existing banking relationship rather than a standalone product.
If you value branch-based support and prefer straightforward pricing without complex reward schemes, this card could be an ideal fit for your business.
One perk the card does have is fee-free transactions in the EU. So if you frequently travel within Europe or make purchases from European suppliers, Metro Bank’s business credit card is particularly useful.
Perhaps the headline feature of the Metro Bank business credit card is the up to 56 days interest-free period on purchases when you clear your balance in full each month. This extended payment window can significantly help with cash flow management, letting you time your payments strategically.
If you have employees who need spending capability, you can order additional employee cards with customisable spending limits. This feature gives you control over business expenditure whilst providing your team with the flexibility they need to make necessary purchases.
The card includes comprehensive fraud protection and real-time transaction alerts, helping you monitor spending and quickly identify any suspicious activity. You'll also have access to Metro Bank's customer support, which operates alongside their extended branch hours.
No, there are no transaction fees when you use your Metro Bank business credit card in most European countries, making it particularly suited for European business travel and purchases.
Metro Bank keeps its pricing structure simple with a representative APR of 18.9% (variable) on all purchases. There is no annual fee.
Here’s a breakdown of key fees and terms:
Credit limits are based on your turnover and credit checks. Metro Bank assesses each application individually, looking at your banking history, annual turnover, and creditworthiness.
While the lack of an annual fee and flat APR make the card straightforward to understand, cash withdrawals incur charges, so it’s better suited for purchases than for accessing cash.
There's no annual fee, just one simple rate of 18.9% Representative APR (Variable), making it a cost-effective option for businesses that don't want ongoing card fees.
You will need to be a Business Current Account or Commercial Current Account customer to apply for a credit card, so if you don't already bank with Metro Bank, you'll need to open a business account first.
Once you’re a customer, you can apply for a Metro Bank business credit card in two ways: Online via Metro Bank’s website or by visiting one of their branches. The online application process is straightforward and available 24/7, whilst in-branch applications offer the advantage of immediate support and potentially faster processing.
You’ll need the usual key documents for any business finance application, like proof of your business registration (such as incorporation documents for limited companies), recent business bank statements showing your turnover, and identification for all directors or business owners. You'll also need to provide details about your business activities and financial position.
Metro Bank will assess your application based on your banking history with them, business performance, and overall creditworthiness.
The approval timeframe varies, but in-branch applications often receive faster decisions. One unique advantage of Metro Bank is its ability to print cards in-branch whilst you wait, meaning you could walk out with your new business credit card on the same day if your application is approved in-store.
Once you have your card, managing it is straightforward through Metro Bank's digital banking platforms. You can access your account through Metro Bank's online banking system and mobile app, where you'll be able to view statements, check your balance, monitor transactions, and review your available credit limit.
Payment options are flexible and convenient. You can set up a direct debit to automatically pay either the minimum amount, a fixed sum, or the full balance each month. Alternatively, you can make manual payments through online banking, bank transfers, or by visiting a Metro Bank branch.
The online platform allows you to view detailed transaction histories, download statements, and track your spending patterns. This digital access is particularly useful for expense management and accounting purposes, as you can easily categorise and export transaction data.
Metro Bank provides customer support through multiple channels. Their branches operate extended hours, including weekends, offering face-to-face assistance when you need it. You also have access to telephone support and online chat facilities for quick queries about your account.
You can access your Metro Bank business credit card account through their online banking platform or mobile app, where you can view statements, make payments via direct debit or manual transfer, and manage your account settings 24/7.
The Metro Bank bsuiness credit card is best suited to companies that want a simple, low-maintenance credit card with branch-based support and fee-free EU transactions. If you need premium rewards, cashback, or frequent non-European spending, you may want to compare other cards.
When it comes to managing cash flow or investing in your future, credit cards have limites, from fixed repayment terms to spend thresholds and interest on unused balances.
That’s where iwoca’s Flexi-Loan offers something different:
Whether you’re covering a quiet patch or investing in growth, iwoca gives you the freedom to move quickly, confidently, and on your terms.
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