Business · Checked against Mettle’s own page
Mettle Business Account: £0, no monthly fee
Mettle Business Account: £0 No monthly fee. For sole traders and limited companies with up to two owners, with a balance limit of £1 million. FreeAgent stays included only while you make at least one transaction a month.
- No account fee · FreeAgent included with a monthly transaction
For sole traders and limited companies with up to two owners, with a balance limit of £1 million. FreeAgent stays included only while you make at least one transaction a month.
No commission
The details
- Account type
- Current account
- Who can open it
- Both
- Cash handling
- Cash deposits through the Post Office cost £2.75 per deposit.
- Worth knowing
- No account fee · FreeAgent included with a monthly transaction
- Protection
- Provided by National Westminster Bank; eligible deposits protected by the FSCS up to £120,000.
- Details
- Maintaining the account is free (Mettle's fee information document: "No fee"). Cash deposits at the Post Office cost £2.75 per deposit; card cash withdrawals £1. The optional Mettle+ tier is £4 a month.
- Source
- Mettle's own page Checked 25 Aug · No commission
How it compares
Joint 1st of 8 by monthly fee, lowest first, among the business current accounts MoneyHQ has checked.
| Account | Monthly fee | Free period | Who can open it | Checked |
|---|---|---|---|---|
| Allica Bank Business Rewards Account | None | Always free | Limited companies | 25 Aug |
| Mettle Business Account (this offer) | None | Always free | Sole traders and companies | 25 Aug |
| Monzo Business Lite | None | Always free | Sole traders and companies | 25 Aug |
| Starling Business Current Account | None | Always free | Limited companies | 25 Aug |
| Tide Free plan | None | Always free | Sole traders and companies | 25 Aug |
| Barclays Business Current Account | £8.50 a month | First 12 months free | Sole traders and companies | 25 Aug |
Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by monthly fee, lowest first alone; commission never changes the order.
Other business offers we have checked
- NatWest Start-up Bank Account24 months
- Redwood Bank 95 Day Business Savings Account4.05%
- Allica Bank 12-Month Fixed-Rate Business Savings4.00%
- Allica Bank Easy Access Business Savings2.80%
- Lloyds Business Account£10 a month
- Santander Business Current Account – Classic£9.99 a month
