Write a review

RCI Bank: Freedom Savings Account reviews

Name: Freedom Savings Account
Rating: 4.7 (2167 reviews)

View other RCI Bank products

4.64

Based on 2,167 reviews, last reviewed 1st Mar 2025

1200% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

81%

15%

Latest highest rating:

5

Good rates and easy to use First heard of RCI through a saving rates comparison. Took out a 2yr Fixed Rate bond. Have subsequently had both a 95 day and a Freedom account. No pr... Read more Reviewed on: 1st March 2025

Latest lowest rating:

1

Dishonest business, beware! I've withdrawn my money the 7th December, and still haven't received on 11th December 2023. I've contacted them, they tried to explained, fool me, th... Read more Reviewed on: 11th December 2023

Read all reviews See your review

About this product

RCI Bank savings reviews can help you to find out more about life at RCI Bank. How easy is it to contact RCI Bank? And how friendly are they? Our RCI Bank savings reviews can help you to find out information like this. Smart Money People is an independent source of honest reviews.

RCI Bank Freedom Savings Account reviews (2167)

Review of the RCI Bank, Freedom Savings Account:

Really Pleased

Been with this bank long time now and any problems quickly solved over the phone and good interest rates . Reviewed on: 2nd March 2022

Great rate for an easy access account

I originally took out a notice account with RCI, but while this was giving a great interest rate at the time, sometimes you need immediate access to your savings. Once again one of the top interest rates with Freedom Savings. Reviewed on: 9th March 2023

Untrustworthy bank

Lost my trust with this bank and there is no way to ever restore it after they suddenly removed my linked account without any explanation and took months to restore it by forcing me to reapply by post. I could not use my own money when we needed it desperately. It caused unnecessary anxiety, RCI did not even apologised. Now trying to withdraw my savings and move it to another more reliable provider with much much better and more competitive rate, the bank has kept my money for nearly a week when it says one business day. So it’s not earning any interest as it’s not appearing in the RCI account and also not in my personal bank account.I used to believe RCI was a decent bank but no longer. Reviewed on: 11th February 2023

Terrible Customer Service

Stay away from this bank. You will wait for ever to get through on the phone and no live Chat. I am going to close my account. Reviewed on: 3rd January 2023

Interest rates

B of E increased the bank rate by .5% some weeks ago but the freedom savings rate remains unchanged. Emails enquiring as to whether a change of rate is immenent remain unanswered. May be a time to move savings?. No staff involved. Achievable electronically. SA Reviewed on: 2nd January 2023

Service

Update 17th December 2022 - money has now arrived Reviewed on: 16th December 2022

Worst Bank Ever

I have been locked out of my account. After waiting on the phone for over an hour, I finally gave up. I was calling UK from Spain so goodness knows how much the phone call cost. This is not the first time I have had this problem and I will move my money away from RCI Bank as soon as I can access it. This is not poor service, it is totally non existent service Reviewed on: 15th December 2022

Appalling customer service

Wasted hours trying to withdraw my deposits despite instant access. Still waiting for funds after 2 days Reviewed on: 8th December 2022

No Response from RCI

I have tried to contact RCI bank for two weeks now. No response on phone despite holding for up to an hour several times a day. Have emailed 4 times and only get an automated response. Terrible service as I need to report a bereavement and apply for probate but unable to talk to anyone at the bank. Reviewed on: 6th December 2022

Terrible service

I have tried on numerous occasions to contact this bank - via email and phone. No response to emails despite 4 attempts. Have phoned more than 20 times and held for over one hour at a time. I am trying to contact them to deal with the estate of a deceased person and this will now delay probate. Appalling service. Reviewed on: 6th December 2022

Help

I have sent 8 messages to your helpline over two weeks and have had no reply, You should change the heading to the (No available help page). Also, no one ever answers the phone. Reviewed on: 6th December 2022

Do you have a different RCI Bank product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Alternative products

Junior Instant Access Savings
from NatWest 4.83 from 32 reviews
Junior Instant Access Savings
from Danske Bank UK 4.40 from 2 reviews
eSavings
from TSB 4.13 from 10 reviews

There's still more to see!

RCI Bank has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub