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Recognise Bank: Personal Savings Account reviews

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4.85
Based on 118 reviews, last reviewed 14th Apr 2024
100% decrease in 5 star reviews
in the past 90 days
No new 1 star reviews
in the past 90 days
See only 5 star reviews
88%
See only 4 star reviews
8%
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2%
2 star
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0%
See only 1 star reviews
2%

Latest highest rating:

5

Amazing service, great way to save money Amazing service, great way to save money Reviewed on: 14th April 2024
Lauren B's avatar
Lauren B

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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PJ
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Recognise Bank Personal Savings Account reviews (118)

Excellent experience and savings rate

5
Excellent experience and savings rate Reviewed on: 26th February 2024
Roma's avatar
Roma

Excellent bank with great products and easy to use

5
Excellent bank with great products and easy to use Reviewed on: 26th February 2024
Darrell B's avatar
Darrell B

Everything was done online no problems

5
Everything was done online no problems Reviewed on: 26th February 2024
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Raymond Glazer

Seamless application process, great online banking.

5
Seamless application process, great online banking. Perfect! Reviewed on: 26th February 2024
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Stuart N

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

1
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
PJ's avatar
PJ

Failed to Pass on Bank of England's 0.25% Base Rise Rise on 17 March 2022 to Savings Account Customers

1
Recognise Bank has failed to pass on the Bank of England's 0.25% base rate rise on 17 March 2022, to its saving account customers. Another greedy bank to avoid. Reviewed on: 2nd May 2022
ST's avatar
ST

Matches interest rates changes quickly.

5
Automatically increased rates on notice account, in full within seven days of BoE interest rate changes - so now paying 1.50%. Reviewed on: 5th March 2022
Brian's avatar
Brian

Great response to base rate increases

5
Recognise seems to be unique in responding to each BoE base rate increase by raising the interest they pay on Notice accounts. Reviewed on: 3rd March 2022
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Tholton

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