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
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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.
6a Austin Friars, EC2N 2HA, London, United Kingdom
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Replied to 100% of negative reviews
Typically replies within 1 week
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Reply from Recognise Bank
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.

Reply from Recognise Bank
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.

Reply from Recognise Bank
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.

Reply from Recognise Bank
Not heard of this financial institution before, but impeccable service and easy to manage my account

Reply from Recognise Bank
Competitive fixed rate savings product and ease of opening account

Reply from Recognise Bank
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!

Reply from Recognise Bank
Quick and easy to set up. Quick notification that funds were transferred etc.

Reply from Recognise Bank

Reply from Recognise 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.

Reply from Recognise Bank
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.

Reply from Recognise Bank
Everything was clear , easy to contact and answer quickly, not take long to fill out account details and up&running in minutes,with good rate.

Reply from Recognise Bank
Very easy process to fund. Very straight forward website and good communication I would highly recommend.

Reply from Recognise Bank
I opened a 1 year savings bond with a top rate and it took less than two minutes to complete the online application form. I paid money into the account and was immediately notified by email that the money had arrived in the account. Easy to open.

Reply from Recognise Bank
Everything was very easy. Opening the account and then adding funds#.

Reply from Recognise Bank
Ease of use, fair interest rate and ease of ability to top up to £120,000 after registration deposit.

Reply from Recognise Bank
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