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.
Website easy to use,phone conversations when needed resolved satisfactorily .
Easy to register and informed of deposits into account very quickly.
Easy to use website been with them several years, no problems so far.
Had two accounts with them over the last few years. Have had no trouble depositing funds or withdrawing them at the end of the contract. They did not need lots proof of ID from me as they did it electronically, when i opened my first account with them. Which is great for me as hate messing around sending documents by post. Add the fact i do not drive or have never left the UK. So have no photo ID and not ever going to get any it seems. Postal voter, so never needed any photo ID. Housebound so just going to a photo booth would be a problem.
My wife and I have had various savings accounts with Oak North Bank over the last few years .We have always found them to have good competitive rates and very informative, professional and friendly. There app is easy to understand. We would highly recommend to friends and family.
Opening my most recent account was very quick and straight forward. At the time of opening this account, it offered a better rate of interest, than all but one of it's competitors. I did however find issues with my own bank, who were reluctant for me to pay the sums of money I wanted to Oak North, without referring me to their own fraud team. Once the account was opened, and you log on to Oak North, it is very clear the cumulative interest that has been added to the account and what has been accrued/pending in the current month. When extra deposits are made, notifications from Oak North have been received quickly sent direct to my phone.
Easy to understand and select product
The selection of notices accounts
VERY POOR LOGGING INTO ACCOUNT PROCEADURE
Good rates. Easy access and easy to navigate
Great rates.
Very easy to use on line for an older person.
Easy to use site ,reminders you renew
I find everything so easy and transfers. We are kept informed at all times.
Everything went well.
All good nice and straight forward in the App
I've had the account for a couple of months now. Application process was straightfoward. Good communication from bank.
I love the feel and ease of your online website and navigation - well done.
Very easy and straight forward to set up accounts
Kevin Cammack
Nov 17,2024Easy to use website, good service too.