Charter Savings Bank Fixed Rate Bond Reviews

  Ratings based on 44 reviews       Last review 2 days ago    

Charter Savings Bank bond reviews are honest reviews written by people like you. While many people look at the interest rates on offer, what about the Charter Savings Bank's customer service? Smart Money People is fast becoming the UK's leading source of independent Charter Savings Bank bond reviews. We need...

READ MORE

Charter Savings Bank bond reviews are honest reviews written by people like you. While many people look at the interest rates on offer, what about the Charter Savings Bank's customer service? Smart Money People is fast becoming the UK's leading source of independent Charter Savings Bank bond reviews. We need your help! By writing your honest reviews, you can help increase trust and transparency in the financial world.

Overall Rating

Average

1

2

3

4

5
Consumer Credit Awards
Voting in the Insurance Choice Awards 2022 is open!VOTE HERE

Your Fixed Rate Bond Reviews

44 reviews

Review Charter Savings Bank's Fixed Rate Bond now

Nobody answers phone

Very bad customer service.On the phone for 50 minutes still no one answers.Very frustrating. What kind of customer service is this.

Reviewed on 3rd October 2022
E. Price's avatar
E. Price

Move along (to another bank), nothing to see here.

Prospective clients, beware! All financial accounts with any financial organisation, generally have a 14 day cool-off period where one can cancel the account without any penalty. The fixed rate account with Charter Savings Bank (CSB) does not. On Read more

Prospective clients, beware!

All financial accounts with any financial organisation, generally have a 14 day cool-off period where one can cancel the account without any penalty.

The fixed rate account with Charter Savings Bank (CSB) does not.

Once you've opened a fixed rate account with them, you are locked in without recourse to cancelling it within the 14-day period.

Although this is mentioned in the T&Cs (as a brief note and not a bullet point), I think it merited a review post here for prospective clients' reference should they visit Trustpilot while considering CSB as an investment option.

My word-of-mouth will always be negative for CSB due to its client-unfriendly terms.

Reviewed on 31st August 2022
TG's avatar
TG

Never had a problem

I've never had a problem with Charter. Always found customer service to be excellent and very friendly. Each time I've phoned I've been given sound advice by those I've talked to. I've found waiting time on phone calls to be no worse than any other compan Read more

I've never had a problem with Charter. Always found customer service to be excellent and very friendly. Each time I've phoned I've been given sound advice by those I've talked to. I've found waiting time on phone calls to be no worse than any other company I've rang be it one of the utilities or broadband providers.

Reviewed on 6th August 2022
Bill Smith's avatar
Bill Smith

Clumsy procedures

On maturity you are offered renewal rates that are lower than they offer on the web. To overcome this you need to have your funds placed in an easy access account temporarily. Farcical.

Reviewed on 27th July 2022
Ken Long's avatar
Ken Long

Do Not Answer phone.

Very poor customer service tried numerous times to get through, also get cut off after waiting for 45 minutes. They say the are very busy at any time that you ring them, i say that they do not have enough staff available. This is very frustrating and i Read more

Very poor customer service tried numerous times to get through, also get cut off after waiting for 45 minutes.
They say the are very busy at any time that you ring them, i say that they do not have enough staff available.
This is very frustrating and i can not recomend Charter Savings Bank to anyone that expects any kind of customer service.

Reviewed on 9th June 2022
John S's avatar
John S

Look Elsewhere for a bank that cares

Do not use this bank. It took six days for them to return my funds. In This day of fast payments this is totally unaceptable and in no way fair for the customers of this bank. This seems to be an ongoing problem looking at other reviews of this bank. Th Read more

Do not use this bank.
It took six days for them to return my funds. In This day of fast payments this is totally unaceptable and in no way fair for the customers of this bank. This seems to be an ongoing problem looking at other reviews of this bank. They do not seem interested in changing the way in how they choose to do things. I guess they just pocket the additional interest which is totally unjust.

Reviewed on 8th June 2022
Gray's avatar
Gray

Very slow to return your Funds

Would not recomend this bank as they hold on to your money for days when closing the account, in this day of fast payments this is totally unaceptable. would deffinatley look elswhere if you wish to be treadted as a valued customer.

Reviewed on 1st June 2022
Unhappy's avatar
Unhappy

Terrible service

I applied to remove my money 90 days ago on 95 day account they won’t give us our money until August - another 94 days!! Nobody answers the phone. Tried for 2 hours. This is a disgusting company.

Reviewed on 26th April 2022
S Rob's avatar
S Rob

Very very slow transfer on money back

They hang on to your money 1 2 days after the click date to earn themselves interest whilst you loose out.. Beware

Reviewed on 21st March 2022
tommy fry's avatar
tommy fry

They hang on to your money

They delay payment of funds to your account from matured account. one / email - they ignore. Need your money quickly - Good luck with that!

Reviewed on 1st March 2022
C Sargent's avatar
C Sargent

Very poor service

I tried to open a two year bond, they needed proof of my Current Account this was sent via email as per phone call, I was told if Charter savings was late in opening my account the 14 day period would be extended, they took over the 14 day period will not Read more

I tried to open a two year bond, they needed proof of my Current Account this was sent via email as per phone call, I was told if Charter savings was late in opening my account the 14 day period would be extended, they took over the 14 day period will not honour the extension and will not send a welcome pack but they will accept a cheque but won't give me any sort code or account number they want me to pay them directly and just add my ref: number sounds a right mess, But to be fair they had a good excuse Christmas? I did say did she realise it's now February?

Reviewed on 10th February 2022
The Fox's avatar
The Fox

Top class sevice

Been with Charter for about 18 Months with no problems ,first class sevice.

Reviewed on 27th November 2021
Des Heard's avatar
Des Heard

A Fair Return on Your Funds

We're all well aware that interest levels on savings are not what we would like on our savings and we search for the best deal around with a bank or building society we know and feel we can trust. Well I've dealt with Charter Saving Bank over a good numbe Read more

We're all well aware that interest levels on savings are not what we would like on our savings and we search for the best deal around with a bank or building society we know and feel we can trust. Well I've dealt with Charter Saving Bank over a good number of years and have been impressed with the interest rates offered and also the quality service experienced as an account holder.
Give Charter Saving Bank a look before entrusting your hard earned cash to just another bank. They've done well for me!

Reviewed on 11th September 2019
Hughie Shaw's avatar
Hughie Shaw

Outstanding

Very good would highly recommend

Reviewed on 2nd June 2019
Demi Italian's avatar
Demi Italian

Never a problem

I have saved with Charter for a few years and have never had a problem, it seems that reading through the reviews that some customers do not read the small print and Ts & Cs and are not fully aware of the contract they are entering in to.

Reviewed on 30th May 2019
Clive Wilton's avatar
Clive Wilton

POOR CUSTOMER SERVICE

OPENED A FIXED RATE ISA, HAD HEARD HOW THEY GIVE YOU A LOWER RATE AFTER YOU'VE PUT YOUR MONEY IN, AND NONE OF THIER PAPERWORK STATES THE RATE I OPENED IT AT, SO HAVE WRITTEN TO THEM TWICE TO CONFIRM THE RATE IN WRITING BUT NO RESPONSES IN A WEEK BY EMAIL. Read more

OPENED A FIXED RATE ISA, HAD HEARD HOW THEY GIVE YOU A LOWER RATE AFTER YOU'VE PUT YOUR MONEY IN, AND NONE OF THIER PAPERWORK STATES THE RATE I OPENED IT AT, SO HAVE WRITTEN TO THEM TWICE TO CONFIRM THE RATE IN WRITING BUT NO RESPONSES IN A WEEK BY EMAIL. MY BANKS FRAUD SQUAD HAD CONTACTED ME TOO ABOUT OPENING THIS ACCOUNT WHICH THEY DONT NORMALLY DO WHEN OPENING NEW ONES, SO DECIDED TO GO ELSEWHERE AS GUT FEELING DOESNT FEEL RIGHT

Reviewed on 1st May 2019
justwannahelp's avatar
justwannahelp

Take your money not happy to give back

As with a number of reviews I have read here on fixed or notice accounts, should your circumstances change the bank expect you to prostrate yourself before them with a begging bowl to access even a small part of your funds. As with others I offered to pay Read more

As with a number of reviews I have read here on fixed or notice accounts, should your circumstances change the bank expect you to prostrate yourself before them with a begging bowl to access even a small part of your funds. As with others I offered to pay any penalties they required but they were completely intransigent. I had to call down on some of my pension with a considerable financial penalty to cover a set of circumstances totally beyond our control. DO NOT USE THIS BANK

Reviewed on 30th April 2019
downunderkelly's avatar
downunderkelly

Tried to open a one year bond.

Tried twice to open a one year bond. Completed the online application and posted off proof of identification (not freepost like others). Emailed to query why I heard nothing. They replied saying could not discuss via email. Rang twice to find out what was Read more

Tried twice to open a one year bond. Completed the online application and posted off proof of identification (not freepost like others). Emailed to query why I heard nothing. They replied saying could not discuss via email. Rang twice to find out what was happening and was told that that they were still checking id (after two weeks!) You're required to make deposit within 14 days??! Three weeks later still not heard from them. I've now given up! Their loss.

Reviewed on 25th January 2019
Sarah's avatar
Sarah

Very simple to open and a great interest rate

I found it very easy to open my account. It was all online and I completed it very quickly. One time I forgot my password and phoned up, they were lovely people and couldn't do enough for me and helped me set up a new password. I went to Charter as they Read more

I found it very easy to open my account. It was all online and I completed it very quickly. One time I forgot my password and phoned up, they were lovely people and couldn't do enough for me and helped me set up a new password.
I went to Charter as they had the best interest rate, and I'm so glad I did - they've made everything very simple.

Reviewed on 21st January 2019
Kathryn Rucastle's avatar
Kathryn Rucastle

Good Honest SAVINGS WITH BEST RATES OFFERED.

Excellent service online, safe. with constantly best rates offered.

Reviewed on 7th November 2018
John Aris's avatar
John Aris