I am trying to split one of accounts that is about to mature, to transfer £20000 to my nominated bank account and the remainder to a new I year fixed rate account After several attempts, following th... See more
Dreadful service. I was hacked and then when all was clear and I wanted to access my money to transfer to another account in paragon they made me jump through so many unrealistic hoops, which was so u... See more
Good returns on savings with a variety of savings options. The website is easy to navigate. Transactions are completed quickly and accurately. Email communications are as needed and not excessive. Useful email advice on the savings environment more widely.
It is not acceptable, to be informed of an account reaching maturity by one day.
Ten days minimum should be given to allow the investor time to decide on options.
Having been with Paragon for a while now I can honestly say that they are one of the most effective and reliable companies I have used.
Their site is extremely easy to follow and if you have a question you can always talk to a very confident team without having to wait a considerable time to get through. In my opinion best prices, best service, well done Paragon !
It has been quite helpful to open a new account with yourselves. However, I do have a couple of outstanding queries that I need to contact you on the phone
Speedy Application and ISA transfer. Applied online to open my account and within 48 hrs the transfer of my funds from previous provider was completed with out any fuss or bother. Very impressive service and I am happy to recommend Paragon Bank
I felt confident with my lasted dealings with Paragon Bank. It was so easy to move money around and open another account with them and transfer funds. Maybe not the best interest rates but at least I've come away feeling that all has gone well and my money is still safe, not like other Banks, their system is so complicated that you come away wondering if you've done the right thing.
I like Paragon Bank as they always keep me informed of changes and give me clear and easily understood options. Before I chose an account I can easily get product information and financial services information. The layout of their website does not confuse with overcomplicated "fluffy" unnecessary design. Their rates are competitive too.
Good bank for investments, but customer service and support very poor and inefficient.
Absolutely no sense when speaking to customer support, they don’t listen or carry out simple requests.
Based on analysis of 6 reviews rated 1-2 stars for Paragon Bank
Account issues3 mentions
“I am trying to split one of accounts that is about to mature, to transfer £20000 to my nominated bank account and the...”
Customer service3 mentions
“Dreadful service”
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Paragon Bank is a UK-based financial institution that specializes in providing a range of banking products, including savings accounts, cash ISAs, mortgages, and loans. The company offers competitive rates designed to help individuals and businesses manage their finances effectively. Paragon Bank's savings accounts include fixed-rate options and cash ISAs, allowing customers to reach their savings goals with simplicity and flexibility.
In addition to savings products, Paragon Bank provides a variety of mortgage solutions, including specialist buy-to-let and residential mortgages, which are available exclusively through financial intermediaries. The company aims to serve a diverse clientele, from personal savers to property investors, offering tailored financial solutions to meet their specific needs.
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Review summary
Paragon Bank receives high praise from many customers for its ease of use and helpful staff, with numerous reviewers noting that the application process for accounts, such as ISAs, is straightforward and efficient. People appreciate the knowledgeable customer service agents who provide clear guidance and support, contributing to a positive banking experience. However, some customers express frustration with the bank's handling of account issues, citing difficulties in accessing funds after security concerns and complications with account verification. A few reviews highlight a lack of responsiveness when trying to resolve problems, leading to dissatisfaction. Overall, while many find Paragon Bank to be a reliable and user-friendly option, there are notable concerns regarding customer service in specific situations.
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