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.
You offer clear, accurate, and current details about my account, along with practical options for managing it
They don't start paying interest until the day after deposit and, only up to the day before withdrawal. That's two days without interest when competitors will pay interest from the day of deposit until the day of withdrawal. It might not seem much but when rates are relatively low this is poor practice. It also means the rate you effectively get is lower than their advertised rate. Their only saving grace is it's in their T&C's. Won't be opening an account.
everything went smoothly.
Great product - easy to use site
Easy to work with. Great interest rates. Good range of products.
Brilliant bank easy advice good rates, would always recommend to anybody who is unsure about investing 100% satisfactory
Good service
So far don't have a single complaint about OakNorth Bank!
I have been a client of the OakNorth Bank for approximately 1.5 years. Everything has been great, no complaints.
Quick and easy set up.
Easy to set up account
Easy to use site
i feel they have good online security measures. have been with them a number of years now. I do wish they would do postal accounts, much easier for non tech savvy and the elderly to manage their savings.
Easy to use and excellent feedback. Many thanks.
Money took a little longer to reach my nominated account than expected. Appreciate it was over Christmas period, but I would have thought payments are computerised ?
The OakNorth bank website has improved a lot.
Easy app to navigate
Straight forward maturity and rollover with a competitive rate
Can't fault them.
Liliya
Jan 21,2025The best bank!