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Chetwood Bank: Savings reviews

Name: Savings
Rating: 4.63 (740 reviews)

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4.63

Based on 740 reviews, last reviewed 21st Mar 2025

51800% increase in 5 star reviews

in the past 90 days

400% increase in 1 star reviews

in the past 90 days

70%

24%

Latest highest rating:

5

Amazing and Competitive Savings Rate. Amazing and Competitive Savings Rate. Easy to access and easy to navigate Reviewed on: 21st March 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 (740)

Review of the Chetwood Bank, Savings:

Very easy to open online account, easy to operate th...

Very easy to open online account, easy to operate the account. Chetwood Bank has a better rate of interest compared with other financial institutions. Having a £1 minimum balance is really useful. I have recommended Chetwood Bank to family and friends. Reviewed on: 16th March 2025

Good but there small imrpovements to be excellent

I found it really easy to set up a easy saver with Chetwood Bank, they confirmed my application quickly and conacted me via email to confirm. I am so far happy with the service from Chetwood but there a few things that I think could be improved. When first transferring money it goes to a barclays account rather than your own account and you have your own reference number for the account, which made my bank and myself question whether it was legitimate. But as it's not a direcrt account it means that the money takes a while to appear in the account. Another thing is ease of use, you have to login online every time and use a on time passcode sent to your phone. This would be so much easier if they had a moblie app. Reviewed on: 11th February 2025

easy to use app

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

I found it very straightforward to set up my account.

I found it very straightforward to set up my account. Chetwood have embraced the notification process of asking you for a security code which it sends to your mobile phone. Interest is credited each month to my account, which I like. Haven't yet requested any transfer of money out of my account, so can't commet on that, but early days yet. They are currently giving a good rate of interest. Reviewed on: 10th February 2025

Great rate, easy withdrawals.

Nice easy recent transfer to Chetwood. Best rate on the market, and fast smooth withdrawals when I've needed to. No app, but mobile access via browser is easy enough. Reviewed on: 9th February 2025

Needs an App

I found the setting up quite convoluted and the fact that there’s no app makes it less easy to use. Other than that it is good. Reviewed on: 9th February 2025

Easy to open without jeopardizing security.

Easy to open without jeopardizing security. Reviewed on: 8th February 2025

Excellent Service

It was a very straight forward process opening my savings account. I can't recommend them enough. Reviewed on: 7th February 2025

Competitive interest rate

Easy to open account online. You get a competitive interest rate monthly. Take a day to get withdrawal into your bank account Reviewed on: 7th February 2025

Great service

Very happy with service and easy to use Reviewed on: 7th February 2025

Good interest rate but a bit of a faff getting an ac...

Good interest rate but a bit of a faff getting an account set up. Reviewed on: 6th February 2025

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