Metro Bank Review and Up-Date

Metro Bank opened its doors for business in London in July, with its unusual mandate to "eliminate every stupid bank rule" found. Since the introduction of the first retail bank store, how have they been received by the public and how successful have they been? Find out with this Metro Bank review and up-date.

Until this year, the term 'retail banking' was relatively unknown in the UK. Many people had never even heard of retail banking, which in case you did not know, is a one-stop bank shop. Taking care of your money is only the start: they also transfer money, provide loans, give financial advice and insurance, offer foreign exchange services as well as the usual savings advice.

The Metro Bank store, with its brand new concept of 24/7 telephone call center and trips for both children and pets, is designed to give you a "better customer experience", with light and airy lobby space, no glass security panels, customer toilets and free coin-counting machines.

Added to this "experience" comes better availability, with opening hours of 8 am-8pm five days a week and varying hours for Saturdays and Sundays. The only closures are Christmas Day, New Year's Day and Good Friday. Their top trump is the answer to much customer frustration - a human voice at the end of the telephone instead of a machine.

So far, so good, but how have they fared? Have they seen confidence expressed by the London public? Well, it is still very early days, but a recent news review says that the bank is ahead of internal targets it set for itself. There is planned expansion of another 100 jobs on top of the 150 previously created and a waiting list of 200 people to open business accounts. They could have seen to have done very well.

Also just out is the announcement of a new "mold-breaking" credit card to be launched in America - the Metro Bank Personal Visa Credit Card. It boasts a 9.9% annual percentage rate with no late fees, annual fees or balance transfer fees. Considering that the average rate for other credit cards is 16.7%, it could prove very popular.

Metro Bank Chairman Gary L Nalbandian says that the rate starts low and places low, and that "no fees means no fees", not in six months, twelve months, or ever. The credit card services will also have online account access, as well as the 24/7 call center.

Whilst the first new bank in a 100 years opens it doors, other banks can only watch and wait. Captivating the curiosity and confidence of the public, Metro Bank has been quick to seize the moment and expand. As you watch and wait yourself, spare a thought as to how you can expand and create more wealth for yourself. Since creaky financial structures have given way over the last few years, we have learned to not put all our eggs in one basket. Branching out into other wealth-creating activities seems a wise thing to do. Click here now http://www.earnyourwealth.co.uk to see how some internet home business owners are creating six figure incomes. I hope you have enjoyed the Metro Bank review and up-date.









0 comments

  • Cycling in the City - The Pros and Cons With changing global circumstances such as increasing fuel costs, traffic and high fees for parking, there has been a change in how people get around, whether to work or appointments or even to grocery stores. One of the means of transport that…
  • How to Cut 3 Pounds in an Hour Before a Wrestling Match Amateur wrestling, high school and college, coupled being an extremely physical strength and skill dependent sport, is a game of weight. To posses the strength of a 160 pound person, but physically confront, by wrestling, a person with the…
  • New Roof Installation and the Benefits Provided Any roofing structure is going to take plenty of abuse during its lifespan. Rain, snow, hail, sweltering temperatures, and fallen branches all play their parts in damage or breaking down a building's roof. Hiring roofing companies to provide…
  • Power Wheels Lightning McQueen Electric Car - Hours Of Racing FunThe Disney movie "Cars" was an undoubted hit as was its main character the shiny red race car Lightning McQueen, children around the world were hooked.Well, Fisher Price have once again come up trumps for all Cars fans with their Power Wheels…
  • Free Reverse Cell Phone Number Look Up - Why Can not I Look Up Cell Phones For Free? Lots of people every day are trying to find free reverse cell phone number look up, many of them are trying to find free information about certain cell phone number. And while it is possible to trace regular landline phone numbers by using free…