Smart Money People Logo
Share this page
Link copied

Wave Community Bank: Savings reviews

View other Wave Community Bank products
4.85
Based on 286 reviews, last reviewed 11th Jul 2025
97% 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
90%
See only 4 star reviews
9%
See only 3 star reviews
1%
2 star
See only 2 star reviews
0%
1 star
See only 1 star reviews
0%

Latest highest rating:

5

Vote wave community Great staff and very good at explaining stuff Reviewed on: 11th July 2025
Julie S's avatar
Julie S

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.
Read all reviews Write a review

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.

Review Wave Community Bank: Savings now

Help others make smarter decisions by sharing your own experience.
Give a 1 star rating Give a 2 star rating Give a 3 star rating Give a 4 star rating Give a 5 star rating
Write a review

Wave Community Bank Savings reviews (286)

Superlative

5
I likes it because Is really a family and make a good job Reviewed on: 3rd June 2023
Merola Luca's avatar
Merola Luca

Superb community bank

5
Saving with wave community bank is the securist way I've banked. All the staff are friendly and know what they are doing. If I ever need a loan they are quick to deal with it. I recommend wave community banking ti everyone Reviewed on: 3rd June 2023
Helen's avatar
Helen

A great incentive to save

5
Wave Community Bank provides great incentives to save giving greater control over my money. Having a savings account and a Prize Saver account has increased my eligibility for a loan so I can consolidate my debt and reduce monthly payments in the future. I love the Prize Saver incentive with its automatic monthly lottery and I am adding funds for maximum chances of a win. Reviewed on: 3rd June 2023
Lucy Mitchell's avatar
Lucy Mitchell

Having community bank helped me to further save

5
I am still with community bank, and saving for a better place to live. They are all polite, when speaking to staff. Received the professional advice and ongoing service. Thank you Miss d summers Reviewed on: 2nd June 2023
Doreen Summers's avatar
Doreen Summers

A great service

5
Helpful local people that offer an amazing service. Reviewed on: 2nd June 2023
Steve Hall's avatar
Steve Hall

Prize Draw is a chance for everyone

4
I have entered Prize Draw savings and hope to win, I think it is a good opportunity to offer a chance to win, Savings interest rates offered by credit unions are not competitive and lagging behind banks Reviewed on: 2nd June 2023
Denis's avatar
Denis

Prize saver accoung

5
The prize saver account is a great way to save and you only have to save a small amount each week. Reviewed on: 2nd June 2023
Joanna Austin's avatar
Joanna Austin

A great local loan and savings co op

5
My recent query was dealt with quickly abd politely. They’re offering a great rage of products and I’m proud to be a member to help my local community Reviewed on: 2nd June 2023
Carmen's avatar
Carmen

So Easy to manage the acct

5
I already tell anyone who wants to listen to set themselves up with a wave acct.. The prize saver acct is great, getting money paid direct from salary if you choose to and having different pots of money for savings goals is really helpful. It's also dead easy to move money around and withdraw funds.i haven't used the loan element yet but good to know it's there if needed. Reviewed on: 2nd June 2023
Joan H's avatar
Joan H

Good service

5
I have savings and had a loan via Wave with no problems. So happy to be with them. Reviewed on: 2nd June 2023
Ann France's avatar
Ann France

Review Wave Community Bank: Savings now

Help others make smarter decisions by sharing your own experience.
Give a 1 star rating Give a 2 star rating Give a 3 star rating Give a 4 star rating Give a 5 star rating
Write a review

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account
Man on beach

News, guides and insight from our team

View resource hub
UK money news stories - 24 July 2024
UK money news stories - 24 July 2024
24th July 2024
Posted in Money Talks by Errolyn Smith
Your Money, Your Voice: Have your say
Your Money, Your Voice: Have your say
24th July 2024
Posted in Our insights by Errolyn Smith
Our latest research - customers see little impact of FCA's Consumer Duty one year on
Our latest research - customers see little impact of FCA's Consumer Duty one year on
24th July 2024
Posted in Our insights by Darryl Barkwill
Consumer credit awards winners 2024
Consumer credit awards winners 2024
11th July 2024
Posted in Awards by Darryl Barkwill