Metro Bank business credit cards: features, fees and alternatives

Metro Bank offers one business credit card, but you need to hold a Metro Bank Business Current Account or Commercial Current Account before you can apply, and applications go through a store rather than a form online. That makes it a straightforward option if you already bank with Metro Bank, and a longer route if you don't. 

This guide explores the features of the Metro Bank business credit card and how it compares to other options, so you can make the right choice for your business.

All figures below come from Metro Bank's own product page and are correct as of July 2026. Rates and terms can change, so confirm the current position with Metro Bank before you apply.

What does Metro Bank offer for businesses?

Metro Bank is a UK high street bank, covering current accounts, deposit and savings accounts, and a set of borrowing options including business and commercial loans, overdrafts, invoice finance, asset-based lending and asset finance.

The Business Credit Card sits inside that borrowing range rather than standing alone. It's designed as a spending and expenses card for businesses that already bank with Metro Bank, not as a rewards product or a standalone credit line you can pick up independently. 

Key features

The card runs on Mastercard, supports contactless payments and comes with online and mobile banking access for managing the balance.

Rates, fees and any rewards

Metro Bank quotes 18.9% APR Representative (variable) on all cards, with no annual fee for holding the card. Its Important Information Summary sets a minimum credit limit of £500, with the maximum subject to status, and confirms there are no default charges.

• The interest-free period is up to 56 days on purchases, and it only applies if you pay your balance in full and on time. ATM cash advances are capped at £300 a day.

• Metro Bank doesn’t apply charges for card purchases and cash withdrawals in the SEPA countries it lists as Europe. Outside that group, a 2.99% non-sterling transaction fee applies and cash withdrawals, plus a £1.50 non-sterling cash fee.

It’s also worth noting that there is no cashback, no points scheme and no sign-up reward. 

Fee structures and rates vary between providers and between customers, so compare the full published terms of any card you're considering rather than the headline rate alone.

Account requirements

You need a Metro Bank Business Current Account or Commercial Current Account to hold the card. 

• Metro Bank directs applicants into a store, where a Local Business Manager handles the application, and commercial customers are pointed to their Relationship Manager or Local Director instead.

• You can link up to nine nominated cardholders to the account, which covers most small teams without extra card fees.

• Cardholders need online banking access to make online purchases. 

• Repayments run by Direct Debit or manual payment, and the minimum repayment is the higher of £20 and any fees and charges for the month plus 5% of the remaining balance.

Eligibility and who it suits

In order to get a MetroBank business or commercial current account, you need to be 18 or over, and the card is subject to status. Credit limits are set individually.

That makes the card a simple fit for a business already banking with Metro Bank, but if you bank elsewhere, the card only becomes available after you open a Metro Bank account, which is a bigger decision than picking up a card.

It suits businesses that clear the balance monthly and want simple, predictable card costs. If you want cashback or rewards on your spend, or if you'd rather apply online and get a decision the same day, then it might be worth comparing other options.

How it compares to other UK business cards

UK business credit cards split roughly into two groups, and the difference matters more than any single factor like the rate.

Cards from banks, like Metro Bank's, usually sit alongside a business current account with the same provider. You get the branch relationship and a single banking view, but you take on the account as well as the card, and applications often run through a branch or relationship manager.

Standalone providers such as Funding Circle can issue business credit cards without asking you to move your banking. 

Applications are typically online, decisions are faster, and rewards such as cashback are more common. The trade-off is that you manage the card separately from your bank account, though most cards now sync with accounting software.

When you compare options, the points worth lining up are the representative APR, the annual fee, the length and conditions of the interest-free period, foreign transaction charges, how many cards you get for your team, and whether the card pays anything back on your spend. 

Terms differ between providers and can differ between customers on the same product, so check the current published terms in each case before deciding.

Funding Circle’s Business Cashback Card

The Funding Circle Cashback business credit card is a standalone business credit card, designed to suit every small business. There's no need to switch your business banking to get it.

• 2% cashback on card purchases for the first 6 months, then 1% uncapped cashback after that. The 2% applies for the first 6 months or up to £2,000, whichever comes first

• Up to 42 days interest-free credit when you clear your balance in full

• No annual fee and no foreign exchange fees

• Credit limits up to £250,000

• Free unlimited Company Cashback cards for your team

• Secure sync with Sage, Xero or FreeAgent

Funding Circle serves incorporated UK businesses trading for at least a year with turnover of £30,000 or more. Limited companies can apply without affecting their credit score and you can get a decision in minutes.

Find out more and apply for your Funding Circle cashback card here.

If a card isn't the right shape for the costs you're managing, FlexiPay from Funding Circle is a flexible credit line that lets you split any business cost upfront by card or cash transfer, spreading it over 1, 3, 6, 9 or 12 months for a simple fee from 1.99% per use.

Frequently asked questions

Does Metro Bank offer a business credit card?

Yes. Metro Bank lists a single Business Credit Card for business and commercial customers, with one rate of 18.9% APR Representative (variable) and no annual fee. Terms are subject to change, so confirm the current rate, fees and availability with Metro Bank before you apply.

Do I need a Metro Bank account?

Yes. Metro Bank requires you to hold a Business Current Account or Commercial Current Account with them before you can apply for the card. Bank-issued business cards commonly work this way, while standalone providers issue cards without requiring you to move your banking. Check the requirement before you apply, because opening an account adds time to the process.

Is there an annual fee?

Metro Bank says there is no annual fee for its Business Credit Card. Other charges still apply, including non-sterling transaction fees outside its listed European countries and interest on any balance you don't clear in full and on time. 

Disclaimer

03/08/26 – While we want to help as much as we can, the information found here is provided solely for informational purposes and should not be considered financial or legal advice. To the extent permitted by law, Funding Circle does not accept any liability for any loss or damage which may arise directly or indirectly from the use of, or reliance on, the information contained here. All information is correct at time of publishing, and customers should do their own research before making financial decisions. If you have any questions, please speak to your professional adviser or seek independent legal advice.