We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mettle

I am thinking of opening a Mettle small business account, has anybody had any dealings with them? ie are they responsive, is the money safe with them , do they offer a good service

Comments

  • gt94sss2
    gt94sss2 Posts: 6,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 21 July 2020 at 7:53AM
    Mettle is owned by NatWest/RBS.
    However, it's operated separately and in many ways still in beta.

    Read the FAQs on their website carefully to ensure if its right for you including https://intercom.help/MettleFAQs/en/articles/3504785-is-mettle-right-for-you

    Fwiw HSBC's version is at https://www.hsbckinetic.co.uk
    I haven't used either
  • PRAISETHESUN
    PRAISETHESUN Posts: 5,016 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    From their own FAQs:

    Is Mettle a bank?

    No, we're not a bank – we're a business account.
    We provide an E-money account with a sort code, account number and card. This means deposits are not FSCS protected.
    However, your money is protected in a ring-fenced account. You can read more about how your money is protected here.


    They are backed by NatWest (apparently) but personally I'd stick to something more traditional with FSCS protection. Starling seems to have many of the same features, and has FSCS protection.

  • It would be helpful to get some user experience if possible
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.