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Recognise Bank: Savings Account reviews

Name: Savings Account
Rating: 4.81 (118 reviews)

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4.85

Based on 118 reviews, last reviewed 14th Apr 2024

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

88%

2 star

Latest highest rating:

5

Amazing service, great way to save money Amazing service, great way to save money Reviewed on: 14th April 2024

Latest lowest rating:

1

Failed to Pass on Base Rate Rises in March & May to Savers Recognise Bank paying 1.5% on its 95 day notice savings account launched last year which is the same rate as Chase Bank's instant access account. Ther... Read more Reviewed on: 11th May 2022

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About this product

Recognise Bank offer a personal savings account which has a 95 day notice period for withdrawals.

You can apply for the account online and it has no monthly fees. You’ll need to deposit between £1,000 and £85,000 (for individuals) and £170,000 (for joint accounts).

Recognise Bank Personal Savings Account reviews help you find out what it’s really like to be a customer. If you’ve used Recognise Bank before, you can also leave a review and share your experience.

Recognise Bank Savings Account reviews (118)

Review of the Recognise Bank, Savings Account:

Failed to Pass on Base Rate Rises in March & May to Savers

Recognise Bank paying 1.5% on its 95 day notice savings account launched last year which is the same rate as Chase Bank's instant access account. There should be premium interest rate for having to wait 95 days to access savings but Recognise Bank fleecing savers. Last 2 base rate rises not passed on to its customers. Vote with feet and move savings elsewhere. Reviewed on: 11th May 2022

Amazing service, great way to save money

Amazing service, great way to save money Reviewed on: 14th April 2024

Nice & simple

I found the online savings account very straightforward to open & have been receiving my interest payments every month without any problems, so I would be quite happy recommending recognise bank to friends & family. Reviewed on: 18th March 2024

Recognise Bank

Great savings rate, easy to set up account. Reviewed on: 16th March 2024

Signed up on line.

Signed up on line. Very easy process, with a clear and well laid out website. Reviewed on: 14th March 2024

haven't dealt a great deal with them

haven't dealt a great deal with them Reviewed on: 11th March 2024

It was easy to set up my new account online.

It was easy to set up my new account online. Hassle free and intuitive. That’s a positive in these complex times. Reviewed on: 11th March 2024

I have had first class service from Recognise and ca...

I have had first class service from Recognise and can only recommend others give them a try. Reviewed on: 11th March 2024

Opening an account was simple .

Opening an account was simple . The whole process was easy Reviewed on: 9th March 2024

Efficient online platform.

Efficient online platform. Easy to follow and good rate offered. Reviewed on: 9th March 2024

Loved using this personal savings account very easy...

Loved using this personal savings account very easy to set up Reviewed on: 8th March 2024

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