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Wave Community Bank: Savings reviews

4.76
Based on 293 reviews, last reviewed 12th Jun 2026
700% increase 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

Effective friendly team Speedy response when I had a query Reviewed on: 12th June 2026
Carmen's avatar
Carmen

Latest lowest rating:

N/A

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

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 (293)

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

A great service

5
Helpful local people that offer an amazing service. Reviewed on: 2nd June 2023

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

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

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

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

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

Amazing credit union

5
The way it was outlined to achieve saving goals ! The help each month to get the savings I require by December x Reviewed on: 2nd June 2023

Great experience

5
Great experience, I do enjoy staying with bank, good support and helpful staff. Reviewed on: 2nd June 2023

Ethical saving with ease

5
Wave is a fantastic and ethical option for my monthly savings. Simple to use website allows easy withdrawals if necessary. Communication is great and advice is always accessible when I need it. Reviewed on: 2nd June 2023

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