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Wave Community Bank: Savings reviews

Name: Savings
Rating: 4.86 (288 reviews)

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4.86

Based on 288 reviews, last reviewed 13th Apr 2026

200% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

90%

2 star

1 star

Latest highest rating:

5

Transparent processes I applied for a loan and the whole process was efficiently handled, with the process made transparent and explained every step of the way. Reviewed on: 13th April 2026

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.

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About this product

Wave Community Bank have a range of ethical savings accounts.

With Wave Community Bank, you can save between £1 and £85,000. Pay direct from your pay packet on one of the payroll deduction schemes, via standing order, bank transfer, cheques or AllPay card.

Wave Community Bank savings account reviews help you find out what it’s really like to be a customer. If you’ve used Wave Community Bank before, you can also leave a review and share your experience.

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Wave Community Bank Savings reviews (288)

good way to start saving.

Outstanding and great customer service, made the experience easy, thank you! Reviewed on: 30th June 2023

Great customer service

Great company values, easy to use system, good customer service Reviewed on: 30th June 2023

Easy saving

Since joining wave I’ve now been able to save through payroll and it’s so easy to do! The app is so easy to use Reviewed on: 30th June 2023

Savings for bus passes

I primary use it to save towards my yearly annual bus pass which I can get at 20% off through the community bank. With bus prices increasing, this discount is increasingly valuable. Reviewed on: 30th June 2023

Great bank and staff

Easy to set up, friendly and helpful staff. Great savings options Reviewed on: 30th June 2023

Easy Account Opening & Flexible Savings

I couldn't believe how easy it was to set up my account online and start saving. My membership number was confirmed via email and immediately I was set up with an online account where I can set savings goals. Reviewed on: 30th June 2023

GREAT!

Since being a member last year it just made me think that I should of been with Wave sooner! They are great! Reviewed on: 30th June 2023

Saving money!

I have never been able to save money. It's fantastic that during the cost-of-living crisis of all times, I have finally managed to start saving by using chorus, their workplace saving scheme. It just becomes automatic and I don't have to give it a second's thought. Reviewed on: 30th June 2023

Great organisation

Wave offers excellent products and consistently excellent service, from real people who are easy to get hold of and are pleasant, efficient and helpful. Couldn't ask for more. Reviewed on: 30th June 2023

Brilliant way to save and borrow

I have been saving for many years with Wave Community Bank. It help me with my finances and also when I need to borrow for a major purchase. Reviewed on: 29th June 2023

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