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Wave Community Bank: Savings reviews

Name: Savings
Rating: 4.75 (293 reviews)

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4.75

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

90%

2 star

1 star

Latest highest rating:

5

Effective friendly team Speedy response when I had a query Reviewed on: 12th June 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 (293)

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

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

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