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Chetwood Bank: Savings reviews

Name: Savings
Rating: 4.63 (725 reviews)

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4.63

Based on 725 reviews, last reviewed 8th Feb 2025

50800% 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

Easy to open without jeopardizing security. Easy to open without jeopardizing security. Reviewed on: 8th 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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Chetwood Bank Savings reviews (725)

Seems fine, good interest rate.

Seems fine, good interest rate. There's a delay when adding/withdrawing money though that I've not had with other banks. Reviewed on: 27th January 2025

Very easy to use

Very easy to use so far while offering some of the most competitive interest rates that you can get for an easy access saver. Reviewed on: 26th January 2025

Very easy to set up an account

Very easy to set up an account and register for online access. Withdrawing cash but was a straightforward process. The only drawback is withdrawals are not instant, but seemed to be processed early the following day. Reviewed on: 26th January 2025

The online login is a pain, but the rates are good e...

The online login is a pain, but the rates are good enough to compensate. Reviewed on: 26th January 2025

Easy to set up and deal with.

I found out about Chetwood Bank through the Martin Lewis website. The interest rate was excellent and the decision to set it up was very straightforward. It was a little unusual that any credit or deposit can only be made through one nominated account, but not a great problem. I was a little annoyed when I discovered the Barclays connection, which I had been boycotting. Chetwood Bank itself answered all my queries with speed and without fuss. Reviewed on: 26th January 2025

Good savings rates, but limited withdrawal options

I’ve been using this bank for a few months, and their savings rates are definitely a highlight – currently they offer some of the best rates for an easy access account. The website is user-friendly, making it easy to manage my account and track my savings. However, I’ve found the withdrawal options a bit limiting. You can only make one withdrawal request per day, and it takes a full day for the money to be available, which can be a bit inconvenient. I haven’t had to contact customer support yet, so I can't speak to that experience, but overall, I’m satisfied with the savings aspect. Reviewed on: 26th January 2025

Simple, easy to use, good interest rates

Simple, easy to use, good interest rates Reviewed on: 26th January 2025

Opening my account

Opening my account was straight forward and the benefits excellent, their systems very easy to navigate giving all necessary information required Reviewed on: 26th January 2025

Issues getting a text code to log in

To log in there are often issues with receiving a text code to keep you waiting and then they may come all at once and which one do you use. Get it wrong and you're locked out. Reviewed on: 26th January 2025

Money transfer not instant but rate good

Takes time for money to transfer over but otherwise fine. Good rate. Reviewed on: 26th January 2025

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