Family Building Society: Savings reviews

Name: Savings
Rating: 4.57 (1374 reviews)

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4.57

Based on 1,374 reviews, last reviewed 16th Jul 2026

10% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

77%

11%

Latest highest rating:

5

I'd been locked out of my account. I'd been locked out of my account. I called the number and received an answer within 5 seconds. The lady I spoke to was excellent, very helpful and th... Read more Reviewed on: 16th July 2026

Latest lowest rating:

1

I would rate Family Building Society 10/10 but the S... I would rate Family Building Society 10/10 but the Smart survey 0.5/10 N/a to under 65s but I'm 64.5 and preplan is important Reviewed on: 1st July 2026

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About this product

Family Building Society have been offering different savings accounts for over 125 years.

There’s a wide range of Family Building Society savings accounts to choose from, some are easy access, others are notice accounts or fixed rates. Some accounts can be opened with as little as £1.

Family Building Society reviews help you find out what it’s really like to be a customer. If you’ve used Family Building Society before, you can also leave a review and share your experience.

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Family Building Society Savings reviews (1374)

Read my review and don't take out a 5 year bond..

I had a 5 year bond with the society which expired mid october 24. As I was out of the country at the time, the society decided to reinvest my money in to another 5 year bond. I contacted them immediatley when I returned in December and contacted them to ask for the money to be returned to me as I did not with for another 5 year bond as I am elderlay and wnted the moeny. In papaerowrk provided, I was told that I could close the bond early but would loose any interest. I wasn't worried about this as the bond has only been in for 6 weeks, however I was told I could only close the bond if I paid the sum of £1030! This is disgusting and was never pointed out to me in previous dealings. I will be taking this matter further. Reviewed on: 30th December 2024

Reply from Family Building Society Dear Carol The 5 Year Fixed Rate Bond is a fixed term account where there is normally no access to the funds before maturity, except upon death. This is clearly stated in all the paperwork we provide. Any requests for early access to funds will be considered in cases of financial hardship, and evidence of this would be required. We charge a fee for early release of funds because there is a cost to us for doing so. I hope your query has been resolved. Kind regards Family Building Society Response date: 11th April 2025

What's not to like?

I've been saving with the FBS for several years and have always had good experiences when I've needed to speak to staff there. They offer competitive interest rates, useful products with excellent customer service, and one can always speak to a person there quite easily. Recently, I invested in some Windfall Bonds because these offer a good interest rate with the chance of winning a monetary prize, and I've been fortunate enough to win! So that's the icing on the savings cake! Thank you, FBS, for this Christmas surprise! Reviewed on: 20th December 2024