Mettle (by NatWest) review
Bank account provided by National Westminster Bank plc trading as Mettle — FSCS-protected. NOT an EMI.
Sole traders and small limited companies wanting genuinely free banking plus free FreeAgent
At a glance
- Monthly fee
- £0
- Paid tiers
- Optional Mettle+ quotes feature £4/month
- Free transfers
- Free UK transfers, no transaction fees. Balance cap £1 million.
- FSCS protection
- Protected — £120,000Eligible funds protected up to £120,000 by the FSCS via National Westminster Bank plc.
- Best for
- Sole traders and small limited companies wanting genuinely free banking plus free FreeAgent
Pros
- Completely free
- Free FreeAgent included (MTD-compatible, worth approx £150/year)
- FSCS protection up to £120,000 via NatWest
- Money pots and tax calculation tools
Cons
- GBP only — no international payments
- No overdraft or lending
- Limited cash deposit options
- No current account switch service yet
Who can apply
Sole traders and limited companies with up to two owners (one owner gets access). Does not accept LLPs, partnerships or charities. FreeAgent stays free with at least one transaction per month.
Integrations
FreeAgent (free, included)