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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)

Great Service

Great customer service. An easy access really would recommend all round. Reviewed on: 30th May 2023

excellent customer service

excellent customer service the staff and volunteers are always helpful and help you understand the process Reviewed on: 26th May 2023

Great savings goals account

I've been using the Wave Save account to manage my savings for different things like holidays, Christmas and birthdays and it's brilliant. It really helps me manage my savings throughout the year. Reviewed on: 26th May 2023

The only way to save

I’ve started regularly saving with Wave through my workplace it’s so easy to do. As it goes straight from my wages I don’t even notice that it’s gone! This is the only way to save! Reviewed on: 17th May 2023

Great service

Very happy with the service - easy to use, and ethical! Reviewed on: 11th May 2023

Great idea

I use wave bank for several reasons. I like the ethos behind it. I like the convenience and ease of managing and saving and maintaining the account and I like the potential opportunity to win a prize every month with the prize saver acct. It's also possible to have money from wages paid into the acct. Reviewed on: 9th May 2023

Easy friendly honest service

It’s easy to set a saving account up and supply a helping hand for people with finance problems and helping them move forward in a sensible way. Reviewed on: 9th May 2023

Good interest rate

Value for money and customer satisfaction Reviewed on: 16th May 2022

Friendly, helpful way to save

Very easy to open an Account online and then very easy to contact someone directly if needed. Also the chance to win in their Members Free Draws and you are kept up to date with their Newsletters. It seems very easy and straightforward to get a loan at a very reasonable interest rate if needed too. Reviewed on: 4th August 2021

outstanding.

very friendly and helpful, they also have very competitive rates for loan's, do packages at times ,like buying your bus ticket through them in Brighton is cheaper love that . Reviewed on: 13th July 2021

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