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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

Recognise currently only offers a 95day notice accou...

Recognise currently only offers a 95day notice account, which is poor as other banks offering 1/2/3 year fixed plan with monthly interest as an income. Reviewed on: 28th February 2024

Great and smooth overall savings account experience

Great and smooth overall experience for opening and servicing a savings account with Recognise Bank. The online banking is working well and allows self-servicing without too much effort. Reviewed on: 28th February 2024

Money grows

Good savings account I so happy..................... :) Reviewed on: 28th February 2024

Very easy and fast communication with the customer s...

Very easy and fast communication with the customer service team Reviewed on: 27th February 2024

Great website, products & value.

Great website, products & value. Reviewed on: 27th February 2024

The way forward for personal savings!

Straightforward processes and a personal experience from customer service. Plus a great range of products with competitive rates. I also like their ethos of supporting new/smaller British companies/start-ups. Reviewed on: 27th February 2024

Very competitive account and easy to open.

Very competitive account and easy to open. No complaints, everything has been running smoothly since I began banking with Recognise. Reviewed on: 27th February 2024

Excellent service.

Excellent service. No problems. Did what was specified Reviewed on: 27th February 2024

Easy and profitable

Easy set up and excellent apr on savings Reviewed on: 27th February 2024

V good bank

Good bank, and they'll enter me into a prize draw if I fill in this form. Reviewed on: 27th February 2024

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