Close Brothers Savings Reviews 

207
TrustScore 4.5 out of 5

4.3

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Review summary

Created with AI, based on recent reviews

Looking at 85 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently praise the straightforward online platform, featuring the clear website design, simple account setup, and very competitive interest rates. People consistently note that managing investments is simple, with clear information provided and prompt confirmations of actions taken. Reviewers also appreciate the helpful support team, noting that staff members are attentive, pleasant, and quick to resolve queries. However, some reviewers mentioned occasional difficulties accessing online accounts, experiencing login blocks, or navigating the different internet pages. A few people were dissatisfied with delayed communication, prolonged response times regarding requested documents, and inflexible account closing procedures.

What people talk about most

Price

Reviewers highlight positive aspects of price, frequently praising the excellent and competitive interest... See more

Customer service

Clients share positive opinions on customer service, highlighting helpful and responsive staff who act... See more

Website

Consumers express satisfaction and appreciation regarding the website experience. Reviewers consistently... See more

User experience

Customers had positive experiences with user experience, finding the platform straightforward and simple to... See more

Service

Reviewers mention positive feedback about service, expressing extreme happiness with both the website and... See more

Reviews shaping this summary

Rated 5 out of 5 stars

I am an existing customer and when considering further investment I decided to use Close Brothers again. The online application was simple and very user friendly. Overall, I am extremely happy with... See more

Company replied

Rated 5 out of 5 stars

This company sends out hard copy which is clear and easy to understand and not weighed down with lots of unnecessary paperwork. It is easy to make my wishes for investment known with further clear con... See more

Company replied

Rated 5 out of 5 stars

The ease with which one can handle one's ISA account. The excellent percentage rates they offer and the personal service their staff give if one has to make contact.

Company replied

Rated 5 out of 5 stars

The application process is quick andstraightforward. The info is clear and easy to follow. They have a good range of products, which meant it took me no time to identify the type of account I was look... See more

Company replied


Company details

  1. Savings Bank

Written by the company

Close Brothers Savings is part of leading UK merchant banking group Close Brothers Group plc, founded in 1878. We are committed to the principles of Modern Merchant Banking, serving the needs of today’s customers with the traditional values and strength of our heritage. Our personal and business savings products offer a range of options to suit different customers with different needs. To find out more information on any of our savings products, please visit our website.


Contact info

4.3

Excellent

TrustScore 4.5 out of 5

207 reviews

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4.3

All reviews

(207)

86 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

First impressions

Offerings are of great value for money but restricted to only the computer-savvy with a significant amount to invest. The online application was not as seamless as it could have been, but this is not a major drawback due to good customer support.

12 April 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hello,

Thank you for taking the time to leave a review. We will pass the feedback you've shared regarding your application to our Digital team.

We're here if you need any further assistance, so please don't hesitate to contact our Customer Services team. Thank you again.

Rated 5 out of 5 stars

Just purchased 2 ISA's

Just purchased 2 ISA's - great rate very easy process online - very secure - letters emails afterwards all spot on. Read all the info via Martin Lewis before deciding - very happy so far.

31 March 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Richy,

Thank you for your kind feedback; we really appreciate you taking the time to submit a review! We're delighted to hear that your ISA application experience was easy and secure.

We're here if you need any further assistance, so please don't hesitate to contact our Customer Services team. Thank you again.

Rated 5 out of 5 stars

Great service

During a period of several years I have opened and operated four fixed term deposit accounts with Close Brothers. All my dealings with this bank have been simple and straight forward. I am really surprized to read some negative reviews

9 April 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Christopher,

Thank you for taking the time to share your feedback! We're thrilled to hear that your experience with us has been simple and straightforward.

We're here if you need any further assistance, so please don't hesitate to contact our Customer Services team. Thank you again.

Rated 5 out of 5 stars

easy to understand account and very…o5

easy to understand account and very helpfull staff good savings rate

7 March 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi William,

Thank you for your kind feedback; we really appreciate you taking the time to submit a review! It's great to hear that you have had a positive experience with us.

We're here if you need any further assistance, so please don't hesitate to contact our Customer Services team. Thank you again.

Rated 1 out of 5 stars

My bank stopped me from transferring funds

My bank, Halifax, stopped me from paying a large sum into a new fixed rate account I opened yesterday. the fraud team said that they had checked companies house - close brothers is listed as a bank holding company (not a bank).

21 March 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hello,

Thank you for submitting your feedback.

We're sorry to hear that you experienced some issues transferring funds to us. We have recently made some changes to make this process easier, to hopefully avoid other customers from having the same problem.

To discuss this further please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 1 out of 5 stars

Frankly terrible service

Frankly terrible service - days for transactions to arrive in account. Very slow website. A withdrawal from the account requested and confirmed 4 days ago still has not left the account. Very concerned. Based on this I would recommend anyone steers clear even though the savings rate is attractive.

16 March 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Gareth,

Thank you for submitting your feedback. We are sorry to hear that you have encountered some issues with withdrawing funds from your account.

To discuss this further or to raise a complaint, please send a secure message via online banking, or alternatively please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 1 out of 5 stars

very slow website

9 March 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Satish,

Thank you for submitting your feedback; we’re sorry that we have not met your expectations.

Please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays) to discuss this further.

Rated 1 out of 5 stars

Not recommended as a bank by me

Account opened promptly. Online access was not then achieved despite 2 phone calls, regarding problems, to customer services totalling 36 minutes.
Having now read some other imperfect reviews of the bank they will not be getting my deposit.

6 March 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Rob,

Thank you for submitting your feedback. We're sorry to hear that you have experienced some issues with online banking access. If you would like to discuss this further, please contact our Customer Services team.

Rated 5 out of 5 stars

User friendly online savings account.

I applied for an online savings account with Close Bros. I made one or two mistakes as usual, but was able to rectify them online and completed my application successfully in a short time. Able to do a test bank transfer in of just £1 to check that I had the correct bank details.

1 March 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Christopher,

Thank you for taking the time to submit a review. We are thrilled to hear about your positive application experience!

We're here if you need any further assistance, so please don't hesitate to contact our Customer Services team. Thank you again.

Rated 1 out of 5 stars

Incompetent and neglectful.

I used a cash ISA with them for 3 years.

Contact with them is difficult. They do not answer the phone, for a start. They use a machine instead that nevert puts the caller through.

The email address on their correspondence is incorrect: emails to them are returned as 'undeliverable'.

Their records are faulty. They doubled my investment - very nice of them but since the phone doesn't work I couldn't tell them.

Their workers are at home watching TV, playing games, and indulging themselves. They certainly do no useful work.

7 September 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Peter,

Thank you for providing your feedback. We are very sorry that we have not met your expectations in this instance; our complaints team are looking into this for you and will be in touch shortly.

Rated 4 out of 5 stars

Transferring in a new ISA

Transferring in a new ISA for my wife involved quite a few 'hoops'. A shorter application would have made it somewhat easier.

14 February 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Richard,

Thank you for taking the time to leave a review. We have passed your feedback to our Operations team, as we are always looking for ways to improve for our customers.

If you need any further assistance, please don't hesitate to contact our Customer Services team.

Rated 4 out of 5 stars

Excellent interest rates

Very good interest rates, easy application.
Only issue was that I had to restart application (once) when webpage timed out.
Otherwise 5 stars

9 February 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hello,

Thank you for sharing your experience.
We're happy to hear about your easy application, and we will pass the feedback you've shared to our Digital team.

We're here if you need any further assistance, so please don't hesitate to contact our Customer Services team. Thank you again.

Rated 1 out of 5 stars

Poor communication

After spending days deliberating where to put our savings I decided to fix with Close Brothers for 3 years. Applied on line and sessions kept timing out whilst I faffed around trying to upload documents in the required format. Each time-out meant starting the application process again. Then on the final attempt it didn't require documents uploading and a message on screen thanked me and said they would be in touch. Waited a week and no response. Emailed them - standard response saying they would be in touch but still nothing. Not impressed and so placing our savings elsewhere.

8 February 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Chris,

Thank you for submitting your feedback.

We're sorry to hear about the issues you have encountered when applying for an account; your feedback has been passed on to the relevant teams.

Please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays) if you would like to discuss this further.

Rated 1 out of 5 stars

Avoid online complete waste of time

I applied online and it failed, I called as instructed and was told it was live and they would be in touch. Nothing. I tried online again, this time it looked like it went through, but again zero communication. At this point I gave up and put my money with someone that actually knew how to treat potential new customers

20 January 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi David,

We're sorry to hear that you experienced some issues when applying for an account online, and we are disappointed to hear that we have not met your expectations regarding our communication to you.

To discuss this further or to raise a complaint, please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 4 out of 5 stars

Few hiccups in online ISA application process

Opened an ISA online - few problems along the way. Initially the application failed, and I had to call Close, because the system had not recorded what product I had applied for (although I'd ticked the box). Very strange - surely their IT does validation checks?!
I'd asked for a partial transfer from my existing holder, but they tried to close that account and transfer the lot. Fortunately my existing provider alerted me.
All sorted out with a phone call to Close, and they've been very good on the phone. All OK now. Just surprising this very routine process should create problems.

18 January 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Richard,

Thank you for taking the time to share your experience.

We are sorry that you experienced some issues when opening your ISA with us, but we are pleased to hear that our Customer Services team were able to rectify this for you.

If you need any further assistance, please don't hesitate to contact our Customer Services team. Thank you.

Rated 1 out of 5 stars

I would not give Close Brothers Savings…

I would not give Close Brothers Savings any stars but that is not possible. On death and over £5.000 it can be a costly business to invest with them. To apply for Probate it will cost you £273. Building Societies and Banks have in most cases much higher thresholds. It is worth thinking about because it is not possible to have a discussion with them . The £5.000 limit can not be waved. Close Brothers reply to my comments does not resemble the way they treated me. They can ring me if they want to say something. I rang them time and time again and got nowhere.

20 December 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Inger,

Thank you for submitting your feedback.

We're sorry to hear that you're unhappy about our bereavement process; please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays) to discuss this further.

Rated 5 out of 5 stars

Unable to log in despite using correct details

Update

My error, I was on the banking page instead of savings. All sorted now.
Unable to log in despite all details correctly entered. Have requested twice for an email link to change password even though the one I have entered is correct but there is obviously something wrong as I am not even receiving an email link.
What is going on?

8 January 2024
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hello,

Thank you for taking the time to write a review. We’re sorry that you have experienced difficulties logging in to online banking.

To discuss this further please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 1 out of 5 stars

Absolutely dire

Absolutely dire
Website is not fit for purpose as it takes forever to load and actually timed out
When eventually, after several attempts, I managed to access statements I was met with the message that I was using a pop-up blocker ( incorrect ) or they were not available
Account closure pending

22 December 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Catherine,

Thank you for submitting your feedback. We’re sorry that we have not met your expectations regarding our online services; your feedback has been passed to our Digital team.

Please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays) for support.

Rated 1 out of 5 stars

Awful website

Awful website. Slow and error prone. Avoid at all costs. I tried opening a 2 year fixed savings on 13th December. Every button press felt like it was going to timeout. After numerous attempts and numerous errors, I eventually created the account. I then went to credit the account from another bank, and the payment is failing. Today 19th December, I tried to login to close brothers to see if it was a blip, and it errors when I ask it send a OTP to my phone. Your IT department is failing miserably. The worst online experience ever. Believe the other 1 star reviews.

19 December 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Kristian,

Thank you for taking the time to leave a review. We are sorry that you have encountered some issues when opening an account with us; your feedback has been passed on to our Digital team.

If you would like to discuss this further, please contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 5 out of 5 stars

Excellent service

I am a previous customer of Close Brothers and have always completely satisfied with their service.

4 December 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hello,

We really appreciate you taking the time to submit a review! Thank you for sharing your positive experience.

We're here if you need any further assistance, so please don't hesitate to contact our Customer Services team. Thank you again.

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