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Wave Community Bank: Savings reviews

Name: Savings
Rating: 4.77 (292 reviews)

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4.77

Based on 292 reviews, last reviewed 22nd May 2026

600% 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

Account opening experience with Wave Community B... The account opening experience with Wave Community Bank was exceptionally smooth, seamless, and effortless from start to finish. Reviewed on: 22nd 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.

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Wave Community Bank Savings reviews (292)

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

Useful for people on low incomes, state welfare etc

Helpful for providing a tenancy deposit upfront as well as a savings account. Reviewed on: 11th April 2025

As a credit union it has lots of good products

As a credit union type bank, it has lots of good products that are suitable for its users and don't promote unnecessary debt. Reviewed on: 11th April 2025

Easy to access my savings online, customer services...

Easy to access my savings online, customer services are always very polite and helpful Reviewed on: 11th April 2025

Saving while repaying a loan!

I got to have an account at wave community bank by getting the Christmas loan which led to my opening an account. I love that the loan repayment comes directly from my salary before it’s paid but what I love even the most is that I’m able to save why repaying a loan. It’s a fantastic idea. Reviewed on: 11th April 2025

Honest B

Great service for the community and help for available for those who have no other way of accessing financial help. Many options to choose from to achieve help when you need it most. Reviewed on: 9th April 2025

Can't recommend enough

Really easy to use, friendly staff, helpful and knowledgeable, supportive and kind. A great way to save! I first became a member years ago and have never looked back, I will remain a member forever this is such a valuable bank for helping people like me to start saving and keep saving, not always easy things to do but much easier with this bank for certain . Reviewed on: 9th April 2025

Started few years ago, always found staff extremely...

Started few years ago, always found staff extremely helpful, nothing is too much for them to help us little people Reviewed on: 9th April 2025

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