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Paragon Bank: Fixed Rate Savings Account reviews

Name: Fixed Rate Savings Account
Rating: 3.05 (38 reviews)

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2.97

Based on 38 reviews, last reviewed 14th Nov 2023

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

34%

21%

2 star

42%

Latest highest rating:

4

Pretty good rates Through Raisin marketplace, Not bad rate Reviewed on: 14th March 2023

Latest lowest rating:

1

A total waste of time--- absolutley the worst customer service EVER ! Tried to use these Cowboys but they were totally incompetent in all aspects of customer service . Cannot believe i wasted my time trying . DO NOT... Read more Reviewed on: 14th November 2023

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About this product

Paragon Bank Fixed Rate Savings Account reviews (38)

Review of the Paragon Bank, Fixed Rate Savings Account:

Simple and transparent approach

so easy to apply, invest, access information. great job! Reviewed on: 11th March 2023

easy to deal with

Opened a savings account with them, as they had the best interest rates at the time. Easy to withdraw and deposit money in the account. Reviewed on: 5th September 2016

Incomptent and negligent staff

This so called "Bank" acted negligently and without comptence. I got my application approved, account opened, made transfers from my linked account, they then closed it without given te notice agreed in the Terms and Conditions (60 days). I am taking Paragon Bank to Court, a situation which I did not favour but they left me with no option. Reviewed on: 26th May 2016

Decent rates

I've opened an account and while I don't have too much to invest, Paragon bank are offering a decent return. I looked for information about them and think that they can be trusted. Money is also covered by the FSCS. Reviewed on: 31st March 2016

Good find

I stumbled upon paragon bank as I had some savings I wanted to get more interest from. Simple to understand open my account and easy to manage online. Reviewed on: 30th January 2016

Good 120 day product

Good short term deposit product if you don't want to lock away your money for too long and want to actually earn a bit of interest. I also found paragon bank to be easy to contact via phone when I needed to. Reviewed on: 24th January 2016

Good online

Paragon bank have popped up fairly recently but as deposits are covered by FSCS I felt good saving with them. Online banking is simple and works when I've logged in, but savings rates not always top of the tables so worth looking around. Reviewed on: 10th January 2016

Easy to set up an account and move money

I set up a 120 day savings account and I found this a very simple process. They pay interest monthly and it is easy to access online. The interest rate is pretty good compared with other banks for mid-term savings, so I would recommend them. Reviewed on: 31st August 2015

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