Bipolar electrochemistry has been applied to Type 420 ferritic stainless steel in order to determine the full spectrum of anodic-to-cathodic polarisation behaviour. The occurrence of crevice corrosion, pitting corrosion in combination with general corrosion, pitting corrosion only, general corrosion only, followed by a cathodic region has been observed. Instances of pitting corrosion initiated near chromium-rich carbides with Cr23C6, Cr3C2, and Cr7C3 identified as pit nucleation sites. The observed pit growth kinetics were independent of the electrochemical over-potential. Characterisation of the pit size distributions supports the presence of a critical dissolved volume for the transition of metastable to stable pit growth and pit coalescence.