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Chetwood Bank: Savings reviews

4.63
Based on 731 reviews, last reviewed 12th Feb 2025
51200% increase in 5 star reviews
in the past 90 days
400% increase in 1 star reviews
in the past 90 days
See only 5 star reviews
69%
See only 4 star reviews
25%
See only 3 star reviews
4%
See only 2 star reviews
1%
See only 1 star reviews
1%

Latest highest rating:

5

Great service with the customer. Good communication with the customer. A good choice for your savings and a great interest rate. I would recommend Chetwood bank for your savings. Reviewed on: 12th February 2025
Deborah P's avatar
Deborah P

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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Savings

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Chetwood Bank Savings reviews (731)

Easy all round.

5
Easy to set up. Easy to use. Good rates. Reviewed on: 22nd January 2025

Early days

5
Early days, but best interest rate at time of writing for easy access. Reviewed on: 22nd January 2025

Easy to open & offered the best rate.

5
Easy to open & offered the best rate. An app would make it easier to check balance and interest accrued. Reviewed on: 22nd January 2025

Good rate of credit interest rate for an instant acc...

5
Good rate of credit interest rate for an instant access account. Reviewed on: 22nd January 2025

Easy to open and manage account.

5
Easy to open and manage account. Refreshing to have an account with no drawbacks or catches. A simple honest way of working. Reviewed on: 22nd January 2025

Slow and lumpy

2
Found operating the account very “ lumpy” , slow and awkward. Operating over just 5 days and slow to move money ( out) Yes it offered good interest but I was so dissatisfied that I closed the account - opening one with slightly lower interest rates. Reviewed on: 22nd January 2025

Waste of my time - pathetic service

1
I transferred my deposit via the intermediary bank and disovered it had been sent back to my current account. No expanation given, no contact from either the intermediary bank or Chetwwood Bank. A complete waste of my time. I invested my money elsewhere. Even filling in your survey was a hassle as once I got my pass code for verification I lost my original review and the code did not work! Reviewed on: 22nd January 2025

Savings account user experience

2
The processes for depositing and withdrawing cash don’t feel as secure as what i’m used to, needing to precisely state my account number EAxyzxyz as the payment reference feels easy for me to mess up while depositing. similarly the delay while withdrawing makes me feel a little queasy as to how client money is being kept separate. I’m also not a fan of the website UX. Reviewed on: 22nd January 2025

Chetwood for savings

5
Not really much interaction yet so hard to give much detail. Easy to open a/c and manage. Timely comms re interest change Reviewed on: 22nd January 2025

An app would be great

4
The only thing lacking for me is availability of an app for internet banking. Otherwise excellent. Reviewed on: 22nd January 2025

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