'Subject to status'

[nonymouse]

I'd be interested to hear people's experiences of MetroBank - I'd be interested in opening an account with them but obviously my credit rating is pretty abysmal - how have people with poor credit ratings fared getting an account with MetroBank?

[Guest wino]

I have never actually heared of MetroBank so can not comment on them. There are other banks that will give you an account even with an 'abysmal credit rating' Natwest, Halifax, Co-op to name but three.

[rebel11]

I think they are the 18th Largest bank in the US, they're are big with dogs.

 

If you walk in there with a dog, they'll say, 'that pooch will do nicely' and give you a doggy bone.

 

https://www.metrobankonline.co.uk/

[nonymouse]

I have never actually heared of MetroBank so can not comment on them. There are other banks that will give you an account even with an 'abysmal credit rating' Natwest, Halifax, Co-op to name but three.

 

Oh yes, I know! I bank with NatWest at the moment, but as someone who works long hours and who is deaf so can't use phone banking, I'm attracted by the thought of being able to visit a branch at times convenient to me, i.e. evenings and weekends.

[veronicatoni]

Hiya,

 

My credit rating has swiftly been diminished over this summer but if you open a cash(current) account with metro bank they do not have to do a credit check I got my new account and the staff were really friendly and understanding there...hope it helps.

[sillygirl1]

I've got the basic cash card account too, it has online facilties and they don't do a credit check. Very handy for a parachute account....

 

I go by their Southampton Row branch regularly so it isn't out of my way during a working week, 10 minutes on the bus....

[bottomburp]

I tried opening a basic account with them but wasn't able to because they couldn't agree my date of birth with Equifax ... I'm not that bothered as I have basic accounts elsewhere but was a bit bemused... and it was a bore waiting for hours to try to open the account.

 

OH was successful opening a basic account and got a debit card there and then. The main problem with them is that they are not clearers - everything goes through Barclays - so if you get a transfer or pay in a cheque it takes an age to credit the account.

[BelstarBomb]

So the MetroBank cash account gives a debit card that can be used at any cash machine and obviously at a till? I ask as I know that if you have a Lloyds bank basic account, you can only use Lloyds atm's which is a bit of a pain.

[sillygirl1]

Yes, you can use the card on almost any cash machine.

[turquoisewaters]

 

Well, Metro Bank will be going on the web next year at some point so everyone would be able to apply for an account on line....but I do not know if you can apply for a cash account on line next year as their Branches are so far away...I do not have a Bank account at all Just have to use a pre payed card account that supply a sort code and account number called my cash plus...it's a very bad banking system we have in the U.K.. because most if not all these Banks do refuse you on opening of these Basic account's if you have CCJ's and Default's as I do which I have experience with all of them...so it is not the case that they will open you an account which is basic...as this does prove dispite they continue to mislead us in the fact they don't check...as if this was so they why do they refuse???

[arthur256]

I opened a cash account some months ago because I have a bad credit score - due to a former colleague bringing down my business, followed by serious illness and surgery, resulting in disability - and negligible income for several years. The account was opened very quickly on presenting passport and driving licence. They said I could upgrade it to a current account after 3-6 months of satisfactory operation with a regular income stream.

 

The Cash Account card can be used at most ATMs (unlike a Lloyds one), but there are no SOs or DDs (unlike some other cash accounts). Internet Banking is OK, but a little strange-looking if you are used to HBOS for example.

 

Incoming payments by Faster Payment work fine, but may take more than the usual "2 hours" to be shown; this will apparently get faster soon. Cheque clearance times are as with any bank - they use Barclays as clearing agent, so it should be as with anywhere else.

 

After three months I upgraded to Current account, and once the Faster Payments Out service is available (late December 2011) I plan moving all my SOs and DDs, plus regular credits, across from HBOS.

 

Deposit interest is uncompetitive (this is because the bank regards good service as more important), so I still use a PO Internet Savings a/c for savings. It is easy to move money between them.

[InformedSearcher]

That's strange you know regarding 'Cash accounts'. Lloyd's and Co-Op use a CRA and the Co-Op even tell you they've seen a problem on it (if you have one).

[havinastella]

Any reason for posting on a thread nearly 3 years old?

[InformedSearcher]

Was just thinking Metro Bank was on Earls Court Road (very large building) and I pass it daily on the way to work. Never really looked at the dates but now I see your point. I always thought they were Malaysian based rather than US.

[tallorder]

I mistook Metro them for the Malaysian bank and would still consider them as they made their banking system jump through hoops to serve the customers better.

[dx100uk]

thread is 2yrs old

closed