To leave a review you need to be logged in
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.
Reviews 807
Mark Bokowiec
Feb 28,2025simple to add funds and excellent communication
Andrew
Feb 28,2025I recently had a 1-year fixed rate cash ISA mature with Oak North. In the lead up to the maturity date I received an email saying I was eligible for loyalty rate if I reinvested into another fixed rate cash ISA with them. Brilliant I thought, at last a company who cares as much about existing customers as they do about new ones. However my positive feeling quickly evaporated when I logged onto the app to discover the loyalty rate on offer to roll my money into another 1 year fixed term ISA was 0.01% higher than the rate offered to new customers. That's not 1% or even 0.10% but 0.01%. I couldn't believe they were offering such a pathetic 'reward' for my loyalty. To put it into context. If I'd rolled £20,000 into a new 1 year fixed rate cash ISA with them at the 'loyalty rate' I would have earned a measly £2 more interest over the course of the year than a new customer would if they invested the same amount. Instead I've moved my money elsewhere and Oak North have lost my custom. Whoever thought that offering an extra 0.01% to reward loyalty was anything other than an insult needs to have a serious rethink on how to retain customers.
PAUL TWOMLOW
Feb 28,2025Simply easy to deal with.
Mrs Carol Skelton
Feb 28,2025Easy to use website, some if the highest rates available.
Select
Feb 28,2025Good interest rate and advised in Good time to reinvest into another account.. Interest from previous savings transferred. So very pleased with all transactions thank you
STEVEN
Feb 28,2025Brilliant fixed rate for 12 months, but then the rate dropped so we have moved our money elsewhere.
Keith
Feb 28,2025Competitive rates together with clear and simple communication and processes make this bank a pleasure to deal with.
Oliver Sykes
Feb 27,2025Good communication re ISA comming to end of term- very easy to sort change going forward. Very good communication. Thank you
Ian S
Feb 27,2025Simple app, easy to follow, easy to add new accounts. Competitive interest rates.
Dave McClelland
Feb 27,2025Easy to deal with abs talk to on the phone.
Mr A McEwen
Feb 27,2025Very straightforward-interest rate could have been a little better but simpler & easy to rollover.
Gillian Fraser
Feb 27,2025Very polite. Very helpful. Reminders as time ran out to add to fund. Reminders re fund maturing. Same re ability to add to it
Kate Turnpenney
Feb 27,2025The speed in which they dealt with my issue was very good. It was slightly complicated, but they were clear and simple to understand and they sent the necessary correspondence out quickly.
Eddy Smyth
Feb 27,2025All communications and transactions were clear and straightforward and completed with out issue.
Denise
Feb 27,2025With an impending ISA maturity reinvestment options are late to appear and supposed to have a loyalty rate for customers to stay with OakNorth. When they do arrive they are 0.01% above the rate given to a new customer! When prompted on this fact they unashamedly claim it can be anything up to 0.1% - Wow! Just shows how much OakNorth think of their customers.
michelle morgan
Feb 27,2025I found it easy to deposit my money
Mrs Davie
Feb 27,2025Very easy to deal with.
Paramjit Dahri
Feb 27,2025Great bank to deal with
Master Mariner 207
Feb 27,2025Good communication when responding to queries.
6th Floor, Ship Canal House, 98 King Street, M2 4WU, Manchester, GB
https://www.oaknorth.co.uk
Denise B
Feb 28,2025So easy to use and great deals to be had.