Close Brothers Savings Reviews 

209
TrustScore 4.5 out of 5

4.3

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Review summary

Created with AI, based on recent reviews

Considering 86 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently praise the clear website navigation and the competitive interest rates offered on various savings products. People also appreciate the incredibly helpful customer support team, noting that advisors are always prompt, polite, and easy to reach when needed. However, some customers also noted frustrating difficulties with accessing online accounts or navigating between different company web portals. A few reviewers experienced lengthy delays when waiting for communication or account updates after submitting their personal information. These individuals found the overall digital onboarding process somewhat clunky and less straightforward than expected.

What people talk about most

Price

Consumers find the interest rates and pricing options to be very satisfactory, consistently describing them... See more

Customer service

Reviewers highlight positive aspects of customer service, describing advisors as helpful, responsive, and... See more

Website

Users describe satisfaction with the website, highlighting that it is very easy to use and user-friendly for... See more

User experience

Customers had positive experiences with user experience, consistently praising the platform as very easy to... See more

Service

Clients share satisfaction on service, frequently highlighting a smooth and efficient experience from start... See more

Reviews shaping this summary

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

Close Bros is a very good company and I have nothing but praise with how they have dealt with my money. Unfortunately I now need the money to pay for my sons operation because it keeps getting delayed... 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

209 reviews

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4.3

All reviews

(209)

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 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.

Rated 5 out of 5 stars

Easy & trouble free

Easy and trouble free opening of an Easy Access account. Website is user friendly and I really like the confirmatory e-mails I get to say my money has been deposited OK.
Not had to try customer services so can't comment on some of the negative reviews but I can't believe Close Brothers can be worse than many of the high street banks/building societies. Trying to contact any company is a nightmare these days!

6 December 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Caroline,

Thanks so much for taking the time to leave a review. We're thrilled to hear about your easy and seamless account opening 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

Constant maintenance at peak times.

Constant maintenance at peak times website not acceptable. No warning either of when system will be taken down or reopen. Website functionality is very limited.
Will never reinvest with Close Bros. All I hear is feedback will be given but nothing improves.

22 November 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hello,

Thank you for sharing your feedback with us.

We are very sorry for the inconvenience caused by our website maintenance. We do try our best to ensure maintenance is completed outside of peak hours; however, sometimes this is not possible.

We have requested further details privately through Trustpilot so we can assist you, but please do not hesitate to contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 1 out of 5 stars

Please don't use this company

Please don't use this company. I had an ISA with them and although it went ok to start with, transferring from that ISA to another Bank's account this year has been a nightmare! It was supposed to take about 15 days but it was more like 55 and Lloyds Bank are still waiting for the transfer certificate so I can use my allowance this year. The website is worse than useless and constantly crashes, and although the staff who did respond to queries have done their best to help I've ended up being go-between between the two companies as Lloyds Bank weren't getting anywhere (to be honest most people I spoke to at Lloyds who were trying to sort it (equally as bed tbh) had never heard of them. I'd stick to a company you've heard of and avoid at all costs.
They really need to invest in their technology and improve their performance.

14 November 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Paul,

Thank you for sharing your feedback with us.

We are sorry to hear about your ISA transfer experience, and the issues you encountered. We have passed this onto the relevant teams as feedback, and we apologise for the inconvenience caused.

If you would like to discuss this further or 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

I've just opened an easy access…

I've just opened an easy access account. I was concerned at first as my own bank could not connect to Close Brothers but then found out after that Close Brothers go through a clearing process for security reasons. So they advised just to make a £1 transfer to set up the process.

Everything appears in order now so will be making larger transfers very soon.

As someone has said. A Close Brothers app would help alot.

Regards Nev

14 November 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Nev,

Thank you for taking the time to share your experience with us.

We are pleased to hear that you have now been able to fund your account; however we will pass your feedback to the relevant teams as we are always looking for ways to improve for our customers.

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

Rated 5 out of 5 stars

Edwin contacted me within hours of my…

Edwin contacted me within hours of my online enquiry and talked me through setting up an account in very clear terms. He later went on to confirm same day when deposits had been received (reassuring) and also confirming my new account details within 2 working days of the deposit being transferred. A secure portal was set up for communication regarding the account which again was reassuring to me and Edwin has been extremely responsive whenever I had any queries. Clearly a good rate of interest I was happy with too.

15 November 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Lee,

Thank you for your positive feedback, we really appreciate you taking the time to submit a review!

We're delighted to hear about your great application experience and the excellent service provided to you by Edwin.

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

No complaints procedure…..

I opened a savings account a few weeks ago but I can’t access it online. Have rung several times but customer services don’t seem to think it’s a problem. ‘There’s not much else we can do…’I was told to wait to be contacted but nobody did contact me. I rang again but the lack of concern made me ask to withdraw the money and was told I couldn’t. They say they’ve raised it again with IT and with Complaints but still nobody has got back to me.

23 October 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Christine,

Thank you for submitting your feedback. We're sorry to hear that you have experienced difficulties accessing your account, and we are disappointed that our customer services team have not met your expectations in this instance.

We have passed your details to our complaints specialists to investigate further for you. In the meantime, please do not hesitate to contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 3 out of 5 stars

Application process - facility to enter both a village name and a town/city name

The application process does not have the facility to enter both a village name and a town/city name resulting in me waiting for my account to be set up and requesting an amendment - they said there was no difference in both my amendment and my original address - I corrected them - there was a difference - and they apologised and amended my address however my village name has been added at the beginning of my address and looks like my house name - I have not bothered to write back - there should be a facility in the application process to enter both a village name and a town/city name - how many people have written to correct or have not bothered resulting in Close Brothers holding incorrect addresses

31 October 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Mr Welsh,

Thank you for submitting your feedback.
We're sorry that we have not met your expectations regarding this issue. Our team are looking into this for you; in the meantime please do not hesitate to contact our Customer Services team on 020 3857 3050 (Monday to Friday, 9am – 5pm excluding bank holidays).

Rated 1 out of 5 stars

Terrible service..

Terrible service... web site crashes, can't download documents, no response to on line messages, emails not sent when agreed by phone, take ages to answer phones, send excessive paper out by post etc, etc..

You have been warned!

10 October 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Mr Marsh,

Thank you for submitting a review. We’re sorry that we have not met your expectations in this instance and your feedback will be raised to the relevant teams.

We can see that a complaint has been logged for you and our complaints team will be in touch. However, if you would like to discuss your review further 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

Not surprised with the high number of 1 star reviews

Applied for their 1 year cash ISA - due to the market-leading rate at the time,

Since applying have endured a series of time-consuming broken promises due mainly to processes that are designed for the benefit of CBS rather than their customers!

Raised a complaint with Head of Savings Operations (mark dot stevens at closebrothers dot com). He didn't respond so had to deal with an inexperienced Complaints Handler. Provided with bland excuses for process failures (including one response which contradicted what they had been saying about their process and which I'm sure isn't factual).

Offered a compensation sum that didn't reflect the time and hassle I'd endured - refused offer and sum increased by 66% - but still less than the value of my time.

Will not use CBS ever again for investments. I can only hope that the withdrawal process is swift - I'm not hopeful!

UPDATE - following CBS reply

Yes my complaint was resolved - I was offered compensation to stop me taking it any further - at times life is just too short and I chose to take the £50 bribe

Perhaps you should focus on the reasons for my complaint and actions that CBS could take to reduce the chance of such customer frustration in the future

Why would I want to discuss my review any further? I'm very happy that my review reflects my experience with CBS.

If I did want to discuss the poor service any further why would I contact the very same team that was responsible for such poor service! Why not think of the customer and arrange contact with somebody at CBS who can make a difference - such as the Head of Savings Operations - oh wait - I tried that approach and got no response!

Your reply is both meaningless and irrelevant. Another illustration of the contempt CBS displays for its customers.

9 October 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Mr Adams,

We're really disappointed to hear about your experience regarding the service you have received from us.

We can see that your complaint has been resolved by our team, however if you would like to discuss your review further 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 5 out of 5 stars

Piece of cake!

I have only been a customer of this company for a few years and don't usually write reviews but wanted to say how easy it was to open an account with them and how easy it is to see my money grow on their online banking portal. Thank you.

6 September 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Franny,

Thank you for your kind feedback! We really appreciate you taking the time to submit a review about your easy application and online experience.

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

Rated 5 out of 5 stars

The range of products has increased…

The range of products has increased drastically since I last opened an account with Close Brothers. The whole process seemed a lot slicker too! Keep up the good work!

21 August 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Amy,

Thank you for your kind feedback! We really appreciate you taking the time to submit a review. It's great to hear about your improved experience with us.

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

Rated 5 out of 5 stars

Isa transfer

Fantastic isa transfer from another provider seamless quick transfer no issues

18 August 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Kev,

Thank you for sharing your kind feedback! We're delighted to hear about your positive ISA transfer 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 5 out of 5 stars

Seamless process

Opened a number of accounts with close savings latest being the easy access, seamless process through the website to manage

20 July 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Dear Liam,

Thank you so much for your kind feedback! We really appreciate you taking the time to submit a review. We're delighted to read about your great 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 4 out of 5 stars

Good experience with Close Savings

Easy online processes, new bank account opened quickly. Would love an app to be able to process and move my funds more easily on the go

15 August 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Emma,

Thank you for sharing your positive review! We're thrilled to hear about your easy application experience.

We will pass your feedback on 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 4 out of 5 stars

Good online banking

Good online banking. Easy to place notice on my funds and got an email confirmation. Did have to call to update my address however, would be nice if I could do this more easily.

8 August 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Sophie,

Thank you for taking the time to leave a review! It's great to hear about your positive online banking experience.

We're currently working on simpler way to update your personal details; we will pass your feedback to the 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

Easy and clear set up.

The process of setting up an ISA could not have been easier to set up and the navigation was straight forward. Good rates too.

16 February 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi there,

Thank you for your kind feedback about your smooth ISA application! We really appreciate you taking the time to submit a review.

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

Account opening process was good and…

Account opening process was good and rates seem consistently attractive. Wish they had an app though as would be easier than logging into my pc when I want to withdraw money.

26 July 2023
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Katy,

Thank you for sharing your positive experience! It's great to read your comments about your smooth application. We will pass on your suggestion regarding an app to our 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

Good online experience

Good online experience, no problems setting up a fixed rate bond and a fixed rate ISA, communication was very good throughout. Interest rates were very attractive.

1 October 2022
Unprompted review
Close Brothers Savings logo

Reply from Close Brothers Savings

Hi Simon,

Thank you so much for your kind feedback; we really appreciate you taking the time to submit a review. It's great to hear about your smooth 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.

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