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.
As a new customer account set up was very straightforward.
Simple to apply and manage. A few challenges around refunding account once emptied and to reset account once locked.
Everything is easy and very simple to follow and your correspondence is always excellent.
Very easy to set up my Bank Details and account with Oakbank Would certainly recommend
Specified incorrect interest rate when I took out a savings account then sent email days later saying it was wrong and I wouldn't be getting the rate once I had been hooked into taking out the account. Misleading consumers with rates not available
Instructions on how to re invest and collect interest clear and easy to follow.
Very easy to open the account, all instructions clear. Decent interest rate which has been very welcome after the period of low or no interest.
Very easy to talk to and web site good to negotiate. Prompt to re-act to changes required in my account. I have recommended Oak North to family members.
Very easy website to navigate and find my way round. Excellent interest rate with easy access to my savings should I need to. The app makes following my investment very simple so happy to recommend.
It's very convenient and fast. The page is very clear.
Easy to set up. Good instant access account with a good interest rate.
This is a easy way to save and can be done on line
Repeat customer & never any problems.
As an existing customer opening a new account was very easy and quick. Notice account has good headline rate.
very good,,
Good choice of products. Helpful website. Always informative 👍. Staff are always helpful.
fully satisfied with my dealings with oak north cant ask more
Everything was straightforward. No delays and no issues. A good experience from start to finish.
The process for opening the easy access limited edition savings account was simple and quick. The reasonable interest rates were appealing. Unfortunately these dropped within three weeks but are still on a par with the rest of the banks.
Alan Clark
Nov 26,2024Easy to deal with, competitive rates. Will use again