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.
Excellent service
Acted in good time
Unable to see my a/c online without going through a complicated procedure. The savings rate on the 95 day base rate tracker initially looked good, but other banks have introduced higher rates recently.
Great service, good bank..
I found the whole online process easy and very straightforward. Plenty of communication too.
I'm a big fan of oak North Bank. You may not have heard of them, but don't let that put you off. Great website/app and great interest rates.
Excellent interest rates, transient transactions and opaque on-line application.
Happy with the experience, just disappointed that the renewal rate was not as high as some other companies were offering. It was convenient though to reinvest with Oaknorth at this time
I am very happy with my experience with OakNorth - maturity instructions carried out efficiently and a new account has been set up with minimal fuss.
I like the app it's easy to deal with. I've had no concerns
Face ID on iPhone doesn’t work properly
I was given plenty of notice that my bond was maturing and information about how to reinvest it. It was all done online and was very straightforward. I also liked that I got a good rate of interest for my new investment as I was already a customer.
Simple website. Reliable company.
Easy to open the account. Good rate of interest and a user friendly app.
Easy to move money in and out of account
Locked out at the moment screen says too many incorrect logins yet I only made one, otherwise it appears ok Will be ringing but I am working and your opening hours are only until 17.00hrs you might consider working members who cannot contact your customer service and stay open until at least 19.00hrs
Excellent in every way
Everything perfect.
Very straight forward, funds were repaid without delay
Denise Pears
Feb 21,2025I would say bes bank. no isues and complains.