Transfer of ISA
Very easy to transfer ISA to Charter Savings Bank. Fully transfered within a few days. Nice interest rate into the bargain.

8 months ago
WAS ONCE A GOOD BANK, DECENT RATES, NOW SADLY GONE DOWNHILL. ENTICES YOU WITH ATTRACTIVE RATES, THEN QUICKLY LOWERS TO A POORER RATE. TRANSFERRING OUT IS A VERY SLOW PROCESS, CLOSED ACCOUNT ON FRIDAY... See more
8 months ago
On boarding is slow , procedures are archaic, security needs to be brought into 21 St century
8 months ago
The rates were pretty good, now just above average. The site is absolutely awful. Straight out of the 1990s. Every time I log in it kicks me out and makes me log in. The ui is gross, the user journeys... See more
Very easy to transfer ISA to Charter Savings Bank. Fully transfered within a few days. Nice interest rate into the bargain.
Opening an account online was very straightforward. Charter Savings have been excellent in keeping me informed of progress at every stage. Their interest rate is competitive too. Very pleased I decided to bank with Charter Savings.
Everything set up and completed very quickly but would really appreciate an app being available.
Easy to open account.
I originally loved the completely online premise of the bank but it has taken months to remove the identity stop on my account and there has been no clarity on why there have been bottlenecks. Credit cards are easier to open than an account with Charter, which is completely egregious.
Easy to open account with a competitive rate and transfer in took around a week. I normally only take out flexible ISAs in case I'm able to replace any money withdrawn. Have not needed to contact customer service as yet but you can speak to a real person if needed. So far so good.
Very good web site. Easy to understand. Also good communication.
Excellent communication and updates at every stage of opening and funding the account. Have used Charter previously, and would highly recommend.
It was a wonderful experience to deal with your team and your i.s.a.well done
clear and precise replies, and quick service. very helpful. recommend.
Just had a very long conversation with Michael about an account maturity and although we cannot give our options as yet he was brilliant..patient and very helpful in guiding us through all the steps we need to take. I cannot think of a better advertisement for the bank ..
What made my experience great was the overall set up. So easy to set up the account with clear communication throughout via email. I had a problem logging in initially (my fault), called in for support and was so impressed. Not only was it easy to speak to a person, but that person was so helpful, professional and patient. Can’t sing their praises highly enough.
The greedy UK Banks are cutting savings rates far more than Bank of England rate cut ( .25 % in August ) and also treating existing Customers worse than New ones . This bank as slashed my savings rate but offering much higher rate to New customers . I will take my money elsewhere
Although the interest rates offered are very competitive, the customer service offered to support the accounts (standard savings and ISA ) are poor. Effecting transfers takes an inordinate length of time, request forms cannot be entered and submitted online, they have to be printed off, filled in by hand and then posted - at some cost - to Chartered, and then there is yet further delay in completing the transaction. It's far longer than any other provider I've ever dealt with. Had enough of them now, so I'm preparing to 'ditch and switch' to a provider with a previously known good track record.
I've had some complex times in my personal life of late and the on phone team were so kind and supportive. They took me through the process stage by stage and then on to the online services which are excellent. Can't thank Charter Bank enough. Now set up with an account and moving forward.
First class bank.good friendly staff nothing to much problem ,opened account with no difficulty,would definitely recommend chartersavingsbank.
Very good website, and phone answered within a few rings - once past the inevitable “Press 1 for this, etc”. Call handlers were efficient and friendly.
I found some good rates ,set up an account and have been very pleased with this bank. worth a look on their website as you may find some rates are very competitive, only moan would be they are a little slow processing withdrawals
Charter Savings just lost out on a new account that would have had £100-200k in it. They prefer to not be up to date with the Scottish Courts Office of the Public Guardian (Scotland) where POA ceriificates no longer need to be certified. Even quoted that direct from the POA in front of me. May well now close my own account. Update: just gave notice close 95 day account and will move ISA elsewhere when fixed rate ends.
When you withdraw your money on a working day before 3.00pm the money will reach your account before the next working day .The money will stop earning interest the day before you make the withdraw .So in another word you will lose interest while they hold onto your money .Imagine how much money they make when applied to all account withdrawals .
Based on analysis of 17 reviews rated 1-2 stars for Charter Savings Bank
“TRANSFERRING OUT IS A VERY SLOW PROCESS, CLOSED ACCOUNT ON FRIDAY MONEY STILL NOT PAID INTO MY BANK AT 11”
“With limited communication, terrible customer service, terrible online systems, terrible processing”
“I have had to chase for information throughout, and it was pretty much no information in response”
“TRANSFERRING OUT IS A VERY SLOW PROCESS, CLOSED ACCOUNT ON FRIDAY MONEY STILL NOT PAID INTO MY BANK AT 11”
“WAS ONCE A GOOD BANK, DECENT RATES, NOW SADLY GONE DOWNHILL”
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Charter Savings Bank is a UK-based retail savings bank that specializes in providing a variety of savings products, including savings accounts, Cash ISAs, and fixed-rate bonds. The bank aims to help customers maximize their savings potential while ensuring a secure and straightforward banking experience. With an emphasis on competitive interest rates, Charter Savings Bank appeals to individual savers looking to grow their funds in a tax-efficient manner. The target market for Charter Savings Bank includes UK residents seeking reliable savings options. The company focuses on delivering accessible financial solutions tailored to the needs of its customers, while also addressing important topics such as fraud prevention and financial safety. By offering a range of savings products, Charter Savings Bank positions itself as a trusted choice for consumers looking to enhance their savings strategies.
Charter Savings Bank receives a mixed response from customers, with many praising the ease of opening accounts and the competitive interest rates. Reviewers appreciate the straightforward process for setting up ISAs and transferring funds, often highlighting the efficiency of customer service. However, several complaints arise regarding the slow onboarding process and outdated website functionality, which frustrates users trying to navigate their accounts. Many express dissatisfaction with the bank's fluctuating rates and the lack of timely updates during the application process. While some customers find the rates decent, others feel misled by initial offers that later decline. Overall, Charter Savings Bank has its strengths in account setup and customer support, but it faces significant challenges in user experience and communication.
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