I've recently opened up several savings accounts online recently for both my wife and myself. Without any doubt the account with Recognise Bank was the easiest and most convenient to open. The websi... See more
Company replied
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Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
My second time with Recognise. They offer competitive interest rates and everything has always gone without a hitch. I particularly like the option of a monthly income, which is something I much pref... See more
Company replied
Was so easy and quick to apply and open account. Safe and secure with checking account to make sure money reaches correct account. No fuss or having to send detailed documentation. Account opened... See more
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Our Fixed Rate Saver had an excellent rate of interest. Just as important, on maturity we opted to split teh money 3 ways - one back to our designated account, the other two to two new Recognise accou... See more
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Company details
Written by the company
Recognise Bank was founded in 2017 by experienced business owners who recognised the disconnect between traditional business banking and the needs of modern SMEs. We were frustrated with the lack of understanding, certainty and flexibility offered within the industry. In short, we believed that we could build a better bank. And so, we did. We received our banking licence in 2021 and quickly grew our community of loyal business and personal customers, with the help of our dedicated, diverse, and expert team. Recognising our customers is at the heart of what we do. Today, our hard work and customer centricity is demonstrated by our excellent rating on Trustpilot. We offer a range award-winning, secure FSCS protected savings accounts with competitive interest rates for individuals and businesses alike. Recognise Bank is authorised by the Prudential Regulatory Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA). Our eligible saving products are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 for individuals and businesses and £170,000 for joint accounts. We also offer a range of specialist lending products, and we aim to be as flexible as possible with all of our offerings and services, no matter what your business needs. It’s why our customers, brokers and partners love working with us.
Contact info
6a Austin Friars, EC2N 2HA, London, United Kingdom
- 0345 872 7888
- support@recognisesavings.co.uk
- recognisebank.co.uk
4.7
Excellent
870 reviews
Asks customers to review
This company invites their customers to review, whether positive or negative
Replied to 100% of negative reviews
Typically replies within 1 week
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Straightforward process
Simple, straightforward account opening process with clear communication throughout.
Instant updates as account is funded giving confidence and peace of mind.
24 April 2026
Reply from Recognise Bank
Hi Shaun, thank you for your feedback. We’re really glad to hear your experience has been a positive one.
Quick and easy to set up the account…
Quick and easy to set up the account and immediate confirmation of any payment made.
5 May 2026
Reply from Recognise Bank
Hi Gordon, thank you for leaving a review. We’re glad you’ve had a smooth experience and appreciate you choosing Recognise Bank.
Good interest rate
Not heard of this bank before but an easy account to open on-line with a decent rate of interest.
14 April 2026
Reply from Recognise Bank
Hi Kevin, thank you for your review. We're pleased to hear that you had a good experience opening an account with us. We really appreciate your feedback.
New account and a new bank for us
Simple account opening procedure, confirmations of progress and final written confirmation of nominated bank account for the all important receipt of interest.
Well done and thank you.
19 April 2026
Reply from Recognise Bank
Hi Alan, thank you for your review. We're glad to hear that you found the account opening procedure simple with regular and consistent communication throughout. We really appreciate your feedback.
I highly recommend Recognise Bank.
I highly recommend Recognise Bank.
It was easy to set up an account and apply for a new savings product.
Remember to send money to your account from your linked bank account otherwise the money will be sent back.
14 April 2026
Reply from Recognise Bank
Hi, thank you for your review. We're happy to hear that you found our application process easy. We really appreciate your feedback.
Reply from Recognise Bank
Hi Kevin, thank you for your review. We're delighted to hear such positive feedback and that your experience reflects what we aim to deliver. We appreciate you sharing your thoughts with us.
Easy application process
20 April 2026
Reply from Recognise Bank
Hi Andy, thank you for your review. We're glad to hear the application process was straightforward for you. We appreciate you taking the time to share your feedback.
Reply from Recognise Bank
Hi, thank you for your review. We're really pleased to hear the account was easy to open. We appreciate you taking the time to share your feedback.
Reply from Recognise Bank
Hi, thank you for your review. We're really pleased to hear the account was quick and easy to open. We appreciate you taking the time to share your experience.
Very efficient , quick service
15 April 2026
Reply from Recognise Bank
Hi Wendy, thank you for your feedback. We're really pleased to hear you found our service efficient and quick. We appreciate you taking the time to share your experience.
0n the whole most was good
0n the whole most was good, but, the request for so much identification such as driving licence& passport
documentation was not necessary on top of everything else.
14 April 2026
Reply from Recognise Bank
Hi, thank you for your review. We're glad to hear most of the experience was positive, and we appreciate your feedback regarding the identification requirements. We understand this can feel like a lot, and your comments will be taken into account as we continue reviewing and refining our processes.
Great rates and easy to manage
Recognise Bank offers great rates for savers and the process to open and fund the account was straightforward.
The website is easy to navigate and information clearly laid out.
I look forward to establishing a long association with Recognise Bank.
13 April 2026
Reply from Recognise Bank
HI David, thank you for your review. We're delighted to hear you found our rates competitive and the account easy to open and manage. We appreciate your positive feedback.
So far so good.
So far so good tho I haven’t done much with them yet. Shame there’s not an app tho’, quicker and easier than having to log onto a website.
21 April 2026
Reply from Recognise Bank
Hi, thank you for your feedback. We are pleased to hear things are going well so far, and we really appreciate your thoughts. Feedback like yours plays an important role as we plan future updates and consider how to enhance the services we offer!
Not heard of this financial institution…
Not heard of this financial institution before, but impeccable service and easy to manage my account
28 April 2026
Reply from Recognise Bank
Hi, thank you for your review. We're delighted to hear that managing your account has been easy and that our service made a positive first impression. We appreciate you sharing your experience.
Competitive fixed rate savings product…
Competitive fixed rate savings product and ease of opening account
20 April 2026
Reply from Recognise Bank
Hi Nick, thank you for your review. We're glad to hear you found our fixed rate savings product competitive and the account opening process straightforward. We appreciate you sharing your experience.
So easy to open my account & good interest rates
Account easy to open & I was kept informed throughout initial stages & beyond. They had the best interest rates at the time of looking.
App was easy to download & follow - what's not to like!
27 April 2026
Reply from Recognise Bank
Hi Sharon, thank you for your review. We're really pleased to hear the account was easy to open. We appreciate you sharing your experience.
Quick and easy to set up
Quick and easy to set up. Quick notification that funds were transferred etc.
17 April 2026
Reply from Recognise Bank
Hi Jules, thank you for your review. We're pleased to hear that you found the account quick and easy to set up.
Reply from Recognise Bank
Hi Mukesh, thank you for raising this with our team. We have since been in touch with you with regards to your rejected payment. If you need any further assistance with depositing funds into your account, please do get in touch with us by emailing support@recognisesavings.co.uk or by calling us Monday-Friday 9am-5pm on 0345 872 7888. Please note we are closed on bank holidays and weekends, but our team are always happy to assist.
A good bank
The interest rates were very competitive. Did experience a minor problem with the account but the staff were helpful in sorting it out. The bank kept me informed clearly and quickly at each step.
22 April 2026
Reply from Recognise Bank
Hi Geeta, thank you for your review. We're glad to hear that our customer service team were able to resolve the issue promptly. We really appreciate you sharing your feedback.
I have recently opened an account with…
I have recently opened an account with Recognise Bank for the first time. It is currently offering market leading interest rates on Fixed Term accounts. The accounts are easy to open and operate.
22 April 2026
Reply from Recognise Bank
Hi Bob, thank you for your feedback. We're pleased to hear that you found our accounts easy to open and operate.
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