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Chetwood Bank: Savings reviews

Name: Savings
Rating: 4.63 (733 reviews)

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4.63

Based on 733 reviews, last reviewed 24th Feb 2025

51400% increase in 5 star reviews

in the past 90 days

400% increase in 1 star reviews

in the past 90 days

69%

25%

Latest highest rating:

5

Excellent savings interest rate The interest rate on their easy access savings account is very good, and my experience of their customer service so far is very good. Reviewed on: 24th February 2025

Latest lowest rating:

1

Couldn't get started with Chetwood Bank. Couldn't get started with Chetwood Bank. In the end, I had to give up and take my savings elsewhere. Reviewed on: 22nd January 2025

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About this product

Chetwood Bank Savings reviews (733)

Review of the Chetwood Bank, Savings:

easy to use app

easy to use app / shame that interest rate has recently come down Reviewed on: 11th February 2025

Customer Services very helpful

I did have a small issue when setting up the account so rang customer services who were very helpful and provided the answer I needed. Reviewed on: 24th January 2025

Overall Good Service

I would have given five stars and 'Excellents' feedback had it not been for the delay in the Chetwood system re depositing and receiving funds. The rate is good, but it's the only instant access account that I have ever used that delays deposits 'in' and 'payments' out until the next working day. You would think not an inconvenience, but in reality that can sometimes prove not ideal. Reviewed on: 24th January 2025

My account was quick and easy to open.

My account was quick and easy to open. The process for funding it was less strait-forward (deposits only accepted from “nominated account”) but at least the response was quick (returned funds) when I accidentally tried to transfer funds from a non-nominated account. Reviewed on: 24th January 2025

Fairly easy to use, but feels a little dated

The account is fairly straightforward to use, but not having an app (to my knowledge) and having to receive a text doesn't seem as secure as some of the biometric log in options that other banks use. dropping the interest rate for the easy access saver was disappointing too. Reviewed on: 24th January 2025

Opening an account for the first time

Just opened an account & it was so easy on line. Reviewed on: 24th January 2025

Simple sign up, good rates and easy to contact

Simple sign up, good rates and easy to contact Reviewed on: 24th January 2025

Very easy to open an account

Very easy to open an account. Seamless. Reviewed on: 24th January 2025

Simple to manage with a competitive easy access rate.

Simple to manage with a competitive easy access rate. Reviewed on: 24th January 2025

Good account but withdrawals need a day's notice

I was able to get a good savings rate for unlimited withdrawals, and the account was easy to set up. However, I was disappointed to find that withdrawals require a day's notice (or the whole weekend, if requested on a Friday), which means it is not truly 'easy access'. Reviewed on: 23rd January 2025

Competitive interest rate

Really competitive interest rate and a decent user interface Reviewed on: 23rd January 2025

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