Ford Money Reviews

Ratings based on 9 reviews Last review 5 months ago
2.89 / 5Good overall rating

Thinking about saving with Ford Money? Whether their range of ISA's or fixed-term savers, read Ford Money reviews from our community members first to see what they have to say about saving their money with the automotive giant. Whether it's interest...

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Thinking about saving with Ford Money? Whether their range of ISA's or fixed-term savers, read Ford Money reviews from our community members first to see what they have to say about saving their money with the automotive giant. Whether it's interest rates on offer, ease of communication with the Ford Money team, or anything else to do with this company, be sure to check out our Ford Money reviews first so that you can make a better financial decision! With the power of your reviews, we're changing financial services.

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Your Ford Money Reviews (9)

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9th June 2020

Bots giving 1 stars

I Have noticed Ford Money being given 1 stars on every review site recently in huge numbers, these are 100% bots created by banks , banks have cut interest rates to 0.1 recently Ford are giving 1.4 ,the current crisis will bring hugd recession and...

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I Have noticed Ford Money being given 1 stars on every review site recently in huge numbers, these are 100% bots created by banks , banks have cut interest rates to 0.1 recently Ford are giving 1.4 ,the current crisis will bring hugd recession and they fear people moving thier money to a much better place to keep thier savings

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15th May 2020

cannot contact them at all AVOID

sign up is easy, then it all goes bad, on trying to make initial deposit via internet banking your bank checks fords details with Barclays, then returns error that the payee name and account number do not match (for ford money) and if you proceed...

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sign up is easy, then it all goes bad, on trying to make initial deposit via internet banking your bank checks fords details with Barclays, then returns error that the payee name and account number do not match (for ford money) and if you proceed it’s at your risk. Second red flag is you do not get a sort code and account number of your own, instead you pay into fords account with a reference number, so nothing like proper banking. Thirdly you cannot contact Ford at all, phones do not get answered, messages sent via their system do not get viewed. AVOID !

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14th February 2020

Avoid!

Avoid! ...

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Avoid!
We opened a 1 year savings account so we could get a reasonable interest rate, knowing we would be withdrawing after the year using the money as a house deposit.
We were told after the year our money would transfer to a regular access savings account. This was not the case, our money was reinvested for another year without notification or our consent and we were told we could not have access to our own funds so we can put a deposit down on a house. That’s theft, in laymen’s terms.
We tried to withdraw 16 days after our fixed term came to an end and were informed that had we been 2 days earlier we could have done so without problem as there is a 14 day cooling off period before reinvestment. Another fact we weren’t made a aware of.
The only way we could get OUR money was to write a letter and it would be released at their discretion.
3 weeks later we get a phone call saying that we were 5 days late requesting our money (not 2?) but that as a goodwill gesture, they would let us have our money back!! A goodwill gesture?
We had a few reminders that our fixed term was coming to an end but absolutely nothing to say that our money would be reinvested with no access to it. And we still have to wait several days before it is transferred.

You cannot keep people’s money without their consent, simple. We should have gone to the police, let alone the ombudsman.

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5th February 2020

In shock

Decided to transfer all my savings as bank was cutting my interest rate from 0.2 to0 1..so googled best savings acconuts and see ford topping the list at near 1.4 easy access..so took the plunge opting for monthly interest. And there it is in my bank...

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Decided to transfer all my savings as bank was cutting my interest rate from 0.2 to0 1..so googled best savings acconuts and see ford topping the list at near 1.4 easy access..so took the plunge opting for monthly interest. And there it is in my bank today 1 month later..im in total shock to why I havnt done this earlyer

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12th November 2019

Great company!

Great savings account. Easy to open. Good interest rates. Account managed entirely online. However there is a customer service team available to answer calls andd give any assistance to required. Only have had to contact once when I forgot my password...

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Great savings account. Easy to open. Good interest rates. Account managed entirely online. However there is a customer service team available to answer calls andd give any assistance to required. Only have had to contact once when I forgot my password but the member of staff was very helpful and stayed on the line until I was logged back in. Only problem is the level of security information you need to remember to be able to log in to your account but otherwise great service

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28th October 2018

Easy

After searching for 1 year fixed rate account I came to Ford Money. I completed opening the account on-line without a problem very quickly and transferred funds. All appears ok and I can access on-line and have spoken to real people on their contact...

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After searching for 1 year fixed rate account I came to Ford Money. I completed opening the account on-line without a problem very quickly and transferred funds. All appears ok and I can access on-line and have spoken to real people on their contact details without issue. No lengthy calls holding on or call backs that don't happen. I would certainly recommend.