Write a review

Wave Community Bank: Savings reviews

Name: Savings
Rating: 4.89 (274 reviews)

View other Wave Community Bank products

4.84

Based on 274 reviews, last reviewed 13th May 2025

5200% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

89%

10%

2 star

1 star

Latest highest rating:

4

Ethical & Safe I have been able to save money for my kids. Just £10 a month & it built up. I knew I could ask Wave for help if I needed a loan. But I didn’t need on... Read more Reviewed on: 13th May 2025

Latest lowest rating:

N/A

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

Read all reviews See your review

About this product

Wave Community Bank Savings reviews (274)

Review of the Wave Community Bank, Savings:

An ethical local savings organisation supporting ind...

An ethical local savings organisation supporting individuals and organisations as well as investing in the community they serve. Reviewed on: 13th May 2025

Ethical & Safe

I have been able to save money for my kids. Just £10 a month & it built up. I knew I could ask Wave for help if I needed a loan. But I didn’t need one, thankfully. I was good to have that back up though. I have a friend on a low income & I am going to advise her to join Wave Bank because you are ethical & safe for ordinary people to use. Reviewed on: 13th May 2025

helpful easy chance of winning money safe

helpful easy chance of winning money safe Reviewed on: 13th May 2025

Wave took all of my circumstance into consider and h...

Wave took all of my circumstance into consider and helped me with a loan when I needed it most. The process was simple and without issue. I found communication with wave extremely easy and was able to pay off my loan in full early with no penalties. I now continue to save with wave, saving is also easy and straight forward and I will be confident in future to request a loan should I need this again Reviewed on: 7th May 2025

Essential Service For Small Community Groups

Following the failure of a local credit union it was hard to find another way to open an account for our community group and pay in the compensation cheque. Wave Community Bank has been so helpful and provided useful advice such that the important work of bringing people together in our Sussex town can continue. Reviewed on: 21st April 2025

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

Do you have a different Wave Community Bank product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Alternative products

Savings
from Leeds Credit Union 5.00 from 3 reviews
Fixed Rate Account
from Aldermore 4.05 from 11 reviews
Savings
from Hanley Economic Building Society 4.81 from 473 reviews

There's still more to see!

Wave Community Bank has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub