Metro Bank, a retail and commercial institution, is set to discontinue its credit card services for tens of thousands of customers within weeks. Starting in September, the bank will no longer offer credit cards to new applicants. Existing personal credit cardholders, who currently benefit from an 18.9% interest rate and no fees, will find their cards unusable beginning September 10.
From that date, cardholders will be unable to make in-store or online purchases with their Metro Bank credit cards. This move follows the bank's recent implementation of fees for debit card transactions outside the UK and the discontinuation of its seven-day branch services earlier this year.
