OakNorth Bank Reviews 

21,005
TrustScore 5 out of 5

4.8

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Review summary

Created with AI, based on recent reviews

Looking at 4,106 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently praise the remarkably straightforward online account opening process, noting how easily they can navigate the digital platform to manage their personal savings. Consumers also deeply appreciate the highly competitive interest rates offered on fixed-term accounts alongside remarkably smooth, secure, and completely hassle-free bank transfers. Though some reviewers noted frustrations regarding unexpected interest rate fluctuations or sudden drops shortly after opening their new accounts. A few other people also noted minor inconveniences regarding withdrawal processing times, reliance on third-party verification systems, or the completely online account documentation.

What people talk about most

User experience

Reviewers highlight positive aspects of user experience, praising the straightforward and quick online... See more

Website

Users describe positive interactions with the website, highlighting an efficient and straightforward online... See more

Price

Reviewers mention positive feedback about price, consistently highlighting competitive interest rates and... See more

Service

Customers consistently note positive experiences with service, describing it as efficient, reliable, and... See more

Value for money

People report positive experiences with value for money, consistently highlighting great interest rates and... See more

Reviews shaping this summary

Rated 5 out of 5 stars

I have used OakNorth before super easy to set up on line, when savings mature clear simple instructions with interest and when your funds are going transferred to your nominated account . No compl... See more

Company replied

Rated 5 out of 5 stars

I opened a Fixed rate cash ISA and was pleased with the account rate. It was for a transfer from another provider which had not matured. Whilst waiting for the maturity period to end the product rat... See more

Company replied

Rated 5 out of 5 stars

Already had a fixed rate ISA with OakNorth and was unsure whether I qualified to open another. I asked the question and was assured that it wasn't a problem and the account was set up the following da... See more

Company replied

Rated 5 out of 5 stars

I really love the OakNorth app.... One of my absolute favourites. Being able to see accounts, balances, interest payable at maturity, time showing how long it has been active and time to maturity is a... See more

Company replied


Company details

  1. #2 of 50 best companies in Bank
  2. #28 of 104 best companies in Financial Institution
  3. #2 of 4 best companies in Private Sector Bank
  4. #3 of 19 best companies in Savings Bank

About OakNorth Bank

Written by the company

Founded in 2015 by entrepreneurs, OakNorth is a digital bank focused on empowering scaling businesses with £1m-£100m in turnover that are often overlooked by traditional banks. Through fast, flexible debt finance, OakNorth has injected over £11bn into UK and US communities, supporting growth across diverse sectors, including healthcare, hospitality, manufacturing, property development, and more. OakNorth also offers tailored business banking solutions, including current accounts and savings vaults, designed to help businesses scale at speed. For personal savers, the bank provides competitive savings accounts, enabling customers to achieve their financial goals while contributing to the growth of UK entrepreneurs and high-growth businesses. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Visit www.oaknorth.co.uk for more information.

Contact info

4.8

Excellent

TrustScore 5 out of 5

21k reviews

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4.8

All reviews

(21,005)

3,960 reviews in the last 12 months

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Rated 5 out of 5 stars

Easy to Open OakNorth Bank online…

Easy to Open OakNorth Bank online account. Reasonable interest rates.
Thanks for excellent service.

20 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're delighted to hear that you found opening your account straightforward and are happy with our interest rates. Thank you for your kind words about our service!

Rated 5 out of 5 stars

Very good 1 year fixed rate and simple system to effect it

Excellent fixed rate product and easy on-line process to set up. Have used Oaknorth a number of times and found them very reliable in every respect

15 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're so pleased to hear you found our fixed-rate product excellent and the online setup process easy. It's wonderful to know you've found us reliable every time you've used our services.

Rated 5 out of 5 stars
OakNorth Bank logo

Reply from OakNorth Bank

We're so glad to hear that your account and setup process was all good! We truly appreciate your positive feedback and are happy you had a great experience.

Rated 5 out of 5 stars

I had a very good experience with the…

I had a very good experience with the bank when I opened a fixed-term bond online. I had been banking with OakNorth for 3 years. Good rates. The whole process was quick and easy.
I’m really happy and feel safe banking with OakNorth. I would definitely recommend the bank to others.

15 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're so pleased to hear you had a very good experience opening your fixed-term bond online and that the process was quick and easy. It's wonderful that you feel safe banking with us and would recommend us to others. Thank you for your continued trust and positive feedback!

Rated 5 out of 5 stars

Application for a fixed term bond was…

Application for a fixed term bond was straightforward, and quick. Account was ready instantly. Communication was very good

8 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're so pleased to hear that your application for a fixed term bond was straightforward and quick, and that your account was ready instantly. We appreciate your positive feedback on our communication!

Rated 5 out of 5 stars
OakNorth Bank logo

Reply from OakNorth Bank

We're delighted to hear that you found our services simple and easy to use! Thank you for your wonderful feedback; we truly appreciate it.

Rated 4 out of 5 stars

Very clear products and website

Very clear products and website. Not sure how I get my £30 refer a friend payment, though.

14 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

Thank you for your feedback. We’re pleased to hear that you found our products and website clear and easy to understand. Rewards from our referral programme are paid once all of the eligibility criteria have been met, including holding funds in the eligible account for 30 consecutive days. Once this qualifying period has ended, referral rewards are paid within 60 days, as outlined in the referral terms and conditions. We’re pleased to confirm that your referral reward has since been successfully paid. We appreciate you taking the time to share your comments.

Rated 5 out of 5 stars

The registration process was…

The registration process was straightforward and I felt welcomed

23 June 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're so pleased to hear that your registration was straightforward and that you felt welcomed. Thank you for your positive feedback!

Rated 5 out of 5 stars

Setting up n account simple.

Process of opening an account on line was straightforward. Very quick and efficient. Information provided good and helpful.

14 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're so pleased to hear that the process of opening an account online was straightforward, quick, and efficient for you. It's wonderful that you found the information provided to be good and helpful!

Rated 5 out of 5 stars

User friendly App

Very simple to open account. App is user friendly and it’s easy to add money to account. All good so far.

13 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're so pleased to hear that opening your account was simple and that you find our app user-friendly. It's great to know that adding money to your account has been easy for you.

Rated 5 out of 5 stars

Straightforward

Easy to understand

13 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

Thank you for your feedback. We’re delighted to hear that you found your experience with OakNorth straightforward and easy to understand.

Rated 5 out of 5 stars

Great product

Great product, great interest

13 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're delighted to hear you found our product great and interesting. We truly appreciate your wonderful feedback!

Rated 5 out of 5 stars

Easy to Open App Based Account

Easy to open and good introductory rates of interest. Refer a friend scheme useful.

12 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

We're so pleased you found the account easy to open and appreciate your positive feedback on our interest rates and the refer a friend scheme!

Rated 5 out of 5 stars

Very good

Very good overall

13 August 2026
OakNorth Bank logo

Reply from OakNorth Bank

Thank you for your feedback. We’re delighted to hear that you had a positive experience with OakNorth.

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