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Nov 14, 2023 · wmb194 Posts: 3,906 Forumite. 14 November 2023 at 3:24PM. DoneWorking said: Thinking of transferring my cash ISA to Metro after it mature with another Building Society. It will be under the £85k limit for protection so I realise my money is safe. But just wondering if Metro Bank is considered financially secure.
Jul 16, 2022 · 30 August 2022 at 8:00PM. @twins - hi, just checking if you had any update on your application? My application went to underwriter last week Friday (26th) - they asked for additional information (which I provided) so just playing the waiting game... Posts: 346 Forumite. 31 August 2022 at 7:30PM.
Jun 11, 2024 · As for the Metro Bank credit card - it is a good choice for the 28 member countries within the SEPA zone. The problem for applicants is that (until today obviously) you have to attend a branch in person - and their network currently does not extend north of Bradford, none in Scotland or NI and only one place in Wales.
Nov 29, 2023 · 13 December 2023 at 9:15PM. said: Metro are a nightmare to set up any sort of account. I wanted their fixed ISA as it's the top rate. Having to visit a branch is a pain but when I got there, they told me to come back in 4 hours as they didn't have enough staff on and were "very busy due to their great rates".
Feb 17, 2020 · A contract between a consumer and an organisation operating in a heavily-regulated industry can never be as balanced as you believe that act entails, so, given the circumstances under which Metro (and any other bank) can take such steps, there's no chance of this being some sort of 'get out of jail free' card via which you can unilaterally breach the terms you signed up to.
Jan 18, 2012 · Metro Bank PLC is authorised and regulated by the Financial Services Authority, so as a depositor (cash ISA) you will be covered under the FSCS. Your deposits up to £85k in your sole name or £170K in a joint account with the Metro Bank are covered by the FSCS. From the small print at the bottom of their homepage:
Jan 6, 2024 · It was sorted out by phoning Metro and when I explained it the person immediately knew it was an Instant Access Savings issue. He said the account allows only one beneficiary (which is fine by me) and that the beneficiary needs to be confirmed by phone (which they didn't inform me of before).
Dec 7, 2023 · Despite being a modern bank with an app, Metro are very phone and branch centric. The robo-chat is worse than most other robo-chats (quite an achievement!) and just regurgitates stuff from the FAQ then refers you to the phone line or a branch. Unlike many other help chats, there is no way to escalate the chat to a human.
Nov 15, 2023 · 15 November 2023 at 9:31PM. IIRC, YBS for 14 days don't allow withdrawals from newly opened savings accounts. I don't care - and have £23K there (used to have £85K). After all, they are savings accounts, not current. Posts: 204.
Mar 4, 2011 · Yes and no. The benefits:the quick account opening;you can print off proof of address in the branch; you are issued with your card on the spot; if you recommend someone else to open an account, you both receive £20; the lack of overseas fees/decent exchange rate.
