Metro Bank Launches Two-Year Switcher Incentive for Business Banking Customers
By Lauren Hinton · 28 October 2024
Metro Bank has launched a switcher incentive for small businesses, offering free business banking for two years*. Customers who complete a full switch via the Current Account Switching Scheme will receive the following benefits for 2 years from the date their switch completes.
- no monthly account fees
- no charges on eligible credit and debit transactions
- fee-free cash paid in, paid out, and exchanged up to £10k per month
- no minimum balance requirements.
Customers interested in switching their business can visit any one of Metro Bank’s 75 stores across England and Wales to take advantage of the offer.
Business customers at Metro Bank benefit from the support of expert Local Business Managers in every store, available to help with the full range of business banking needs, from everyday banking to securing funding. Customers who visit us in store can often leave with their new account the same day with the switching process guaranteed to complete within seven working days.
Metro Bank is celebrated for its exceptional customer experience. It was named as the best bank for service in-store for business customers in the Competition and Markets Authority’s Service Quality Survey in August 2024.
Kerry Reynolds, retail and business banking director at Metro Bank comments:
“Our Local Business Managers love to see our businesses succeed and grow. By working in partnership with our customers we hope to be a trusted partner in business, allowing them to focus on securing their goals. Our store network allows us to really understand the communities we work in and the unique challenges that every business owner will face, whether they’re in Wolverhampton or Wimbledon.”
Metro Bank’s business customers benefit from a 4.8 star rated mobile banking app with features including spend analytics, expense management and ability to generate invoices and get paid quickly using our InvoiceIt App.
Customers can also apply for an enhanced business overdraft through the mobile app and a range of business loans and credit cards are available for customers who require financing, as well as asset and invoice finance solutions to help with specific asset purchases and cashflow.
Ian Jackson, director of bank accounts, payments and deposits commented on the incentive:
“Small business are the lifeblood of our communities and we understand that entrepreneurs often feel pulled in a hundred different directions. We work hard to champion business at Metro Bank whether that’s through the lending options we have available or simply providing the encouragement that they can achieve their goals.” Companies in this story: Metro Bank
People in this story: Kerry Reynolds, Ian Jackson