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Wave Community Bank: Savings reviews

Name: Savings
Rating: 4.87 (289 reviews)

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4.87

Based on 289 reviews, last reviewed 1st May 2026

300% 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

Amazing community bank! Such friendly, helpful staff, quick and easy banking, everything is explained, no hidden charges, a real bank for the people. Reviewed on: 1st May 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.

Wave Community Bank Savings reviews (289)

Review of the Wave Community Bank, Savings:

Great community bank

They go out of their way to provide great customer services abs my money works to help others in the community Reviewed on: 8th June 2021

I am able to save more than I ever before.

I am able to save more than I ever before. The money is safe and I only use it for purposeful shopping or paying my council tax. amongst other important financial transactions. I do not feel the need to withdraw the money and I feel more in charge of my finance. Also, I teach my child how to save money and how to manage our finances better. I feel capable and richer, although I am not rich, I feel hopeful about the future and my capacity to face financial step back. Reviewed on: 18th April 2025

They helped me when i really needed help.

They helped me when i really needed help. Reviewed on: 17th April 2025

Excellent service and quick transactions

Excellent service and quick transactions Reviewed on: 16th April 2025

Great savings vehicle

I have always been terrible at saving, but Wave Community Bank makes it so easy. Besides having a regular savings plan, I can add a bit more, whenever i have it. Because it's not connected with my current account, it's out of sight, and out of mind, which means I'm never tempted to 'raid' it. Reviewed on: 16th April 2025

Fantastic at loans and savings.

Fantastic at loans and savings. Can't doubt them at all everytime I've had an issue they've been able to help. Reviewed on: 14th April 2025

I started saving with wave when my daughter was a to...

I started saving with wave when my daughter was a toddler, she now a teenager. Wave has helped both of us save over the years. The staff have always been very helpful & approachable, their turnaround time is alway on point too. Very please to be a part of wave banking. Reviewed on: 12th April 2025

Friendly and Extremely Helpful.

They've always been friendly and extremely helpful. Customer service that rarely exists these days. Reviewed on: 12th April 2025

new account..

I have just opened an account to save each month from my wages. The process was easy and quick. Wave Bank offers good value services and is a welcome change from the big banks. Reviewed on: 12th April 2025

Easy to set up and use

Easy to set up and use helpful telephone service. Keeps your savings nice and secure Reviewed on: 12th April 2025

could do with a return on my savings

could do with a return on my savings Reviewed on: 12th April 2025

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