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Family Building Society: Savings reviews

Name: Savings
Rating: 4.49 (1092 reviews)

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4.54

Based on 1,092 reviews, last reviewed 19th Sep 2025

19% increase in 5 star reviews

in the past 90 days

88% increase in 1 star reviews

in the past 90 days

76%

12%

Latest highest rating:

5

Nicole Philcox was very helpful today pleasant and p... Nicole Philcox was very helpful today pleasant and patient Reviewed on: 19th September 2025

Latest lowest rating:

2

Poor customer service I am unable to contact them by telephone as it is a long wait. I am 82 and need help to log in to my account. I have emailed so hope for the best Reviewed on: 15th September 2025

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About this product

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

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Family Building Society Savings reviews (1092)

Poor interest rates

Their easy access account now pays the lowest interest rates in the high street amongst other B/S, where before it used to be one of the best, VERY disappointed. Reviewed on: 30th November 2022

Reply from Family Building Society We are sorry to hear that you are disappointed with the interest rates of our easy access accounts. Decisions about the interest rate on our savings accounts are set on a combination of factors but where possible we do try to offer competitive rates. To find out more please visit our website or to discuss your options please contact our Family Service Team by emailing [email protected] or calling 03330 140144. Response date: 1st December 2022

Excellent

I opened an online savings account with you and found the whole process to be easy to use and quick. I received documents in the post very quickly and used your 'upload' document process. I immediately got confirmation that my documents had been received. In a world where processes are ever more complicated, you have succeeded in making the process simple and easy to use. THANK YOU Reviewed on: 29th November 2022

Reply from Family Building Society Thank you for your excellent review Jenny. We are so glad to hear that you found our processes to be simple and easy to use. Response date: 29th November 2022

Saving account

Good savings rates od interest and a quick and efficient response when needing to close the account Reviewed on: 26th November 2022

Reply from Family Building Society Thank you for taking the time to leave us a review. We are pleased to hear that you found our responses to be quick and efficient. Response date: 29th November 2022

1st contact

Opened account on Monday and my message on my account was answered on Wednesday PM and also received a requested call back Wednesday AM. Reviewed on: 23rd November 2022

Reply from Family Building Society Thank you for taking the time to leave us a review Jim we are pleased to hear about your account opening. Response date: 25th November 2022

Very very difficult application process.

I have tried to open a savings account today. Left now knowing if its actually been open whole process has taken me over a hour to complete. Very confusing due to unclear website Reviewed on: 18th November 2022

Reply from Family Building Society Thank you for your feedback, Darren. We’re always looking at ways to improve our service and will ensure your comment about our application process and website are passed on to the relevant teams so that they can consider introducing any improvements going forward. If you are still unsure about the status of your account please do contact us by emailing [email protected] or calling our Family Service Team on 03330 140144. Response date: 23rd November 2022

Excellent service

Tom Walton was very polite and helpful to my need. He was very reassuring as he gave me another option that I could take since I was worried about posting my application during the postal strike service. It was so refreshing to speak to someone so helpful and not trying to get rid of me as it was the end of the day when I called the branch and he came across as if he had all the time in the world for me. Credit to the company. Reviewed on: 17th November 2022

Reply from Family Building Society Thank you for taking the time to leave a review. It's really good to hear that you found Tom very helpful. Response date: 18th November 2022

Mrs.P. Devon

I sent four items for additional I.D. requirements by first class post and received the most unhelpful shoddy response saying that none of it was acceptable, which was totally inaccurate. Most decent up to date institutions are satisfied with electronic checks, many of whom I have invested with over two decades, do not have such old fashioned tringent requirements.So do not waste your time, as I did, and go elsewhere. They are the most unhelpful ignorant bunch of time wasters I have ever had the unfortunate experience to come across. Reviewed on: 16th November 2022

Reply from Family Building Society Thank you for your comments and I’m sorry to hear of your dissatisfaction. When opening an account online, we complete electronic identity checks. If these do not meet our requirements, we will ask you to send us original or certified copies of the documents we require, and they must be certified as advised. I am sorry for any inconvenience this has caused you. These are not our rules, and we have no leeway in identifying people for anti-money laundering checks. We have an obligation to carry out full customer verification before we can open an account. Should you need any further help please don’t hesitate to contact us by emailing [email protected] or calling our Family Service Team on 03330 140144. Response date: 18th November 2022

To slow unless it suits them

Building society is way to slow to raise interest rates inline with the Bank of England, though matches the Bank of England when the rates are reduced. Bit stingy! Reviewed on: 16th November 2022

Reply from Family Building Society Thank you for your comments and I’m sorry for your dissatisfaction. Changes in the Bank of England Bank Rate are only one of the factors that we must consider. In view of our size, we are price-takers in both the mortgage and savings market, and we have to balance the demand from savers for higher rates, against our ability to earn higher rates from our borrowers. We will review our savings rates again shortly. Should you need any further help please don’t hesitate to contact us by emailing [email protected] or calling our Family Service Team on 03330 140144. Response date: 18th November 2022

A mixed experience

I am currently organising two savings accounts, one in my wife’s name and the other in my own. The first one was very straightforward, the second is proving very difficult. Reviewed on: 15th November 2022

Reply from Family Building Society Thanks for taking your time to leave a review Alaster. If you have any outstanding issues with opening your second account, pleae don't hestiate to contact us by emailing [email protected] or calling our Family Service Team on 03330 140144. Response date: 16th November 2022

Service

I spoke with a gentleman called Tom i am a new customer therefore lots of questions this was not a problem Tom answered all my questions in a way thats was easy to understand overall service from Tom was excellent Reviewed on: 15th November 2022

Reply from Family Building Society Thanks for taking the time to leave a review. It's really good to hear that Tom was able to help and explain everything so well. Response date: 16th November 2022

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Family Building Society: Savings reviews

19% increase in 5 star reviews

88% increase in 1 star reviews

Latest highest rating:

5

Latest lowest rating:

2

About this product

Review Family Building Society: Savings now

Family Building Society Savings reviews (1092)

Poor interest rates

Excellent

Saving account

1st contact

Very very difficult application process.

Excellent service

Mrs.P. Devon

To slow unless it suits them

A mixed experience

Service

Review Family Building Society: Savings now

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