I like companies that are easy to deal with and in the case of Recognise Bank easy to set up a fixed rate savings account with them. They were on the Martin Lewis Money Saving Expert site which adde... See more
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Recognise Bank was founded in 2017 by experienced business owners who recognised the disconnect between traditional business banking and the needs of modern SMEs. We were frustrated with the lack of understanding, certainty and flexibility offered within the industry. In short, we believed that we could build a better bank. And so, we did. We received our banking licence in 2021 and quickly grew our community of loyal business and personal customers, with the help of our dedicated, diverse, and expert team. Recognising our customers is at the heart of what we do. Today, our hard work and customer centricity is demonstrated by our excellent rating on Trustpilot. We offer a range award-winning, secure FSCS protected savings accounts with competitive interest rates for individuals and businesses alike. Recognise Bank is authorised by the Prudential Regulatory Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA). Our eligible saving products are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 for individuals and businesses and £170,000 for joint accounts. We also offer a range of specialist lending products, and we aim to be as flexible as possible with all of our offerings and services, no matter what your business needs. It’s why our customers, brokers and partners love working with us.
Contact info
6a Austin Friars, EC2N 2HA, London, United Kingdom
- 0345 872 7888
- support@recognisesavings.co.uk
- recognisebank.co.uk
Asks customers to review
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Replied to 100% of negative reviews
Typically replies within 1 week
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Faultless - Would Recommend
Really simple and easy to set up account and add funds. Great 2 year fixed rate (best available at time of opening) & FSCS protected, so total peace of mind - happy customer here :)

Reply from Recognise Bank
Easy account to open
Easy account to open. Best fixed term interest rates on the market.
Excellent

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Excellent customer support
Excellent customer service on the phone. The staff I spoke with were friendly and very helpful and all issues were dealt with very efficiently.

Reply from Recognise Bank
Easy to set up online and a good rate…
Easy to set up online and a good rate of interest compared to high street banks

Reply from Recognise Bank
Very helpful and friendly staff on the…
Very helpful and friendly staff on the telephones.

Reply from Recognise Bank
Very helpful with any questions
Very helpful with any questions. You receive an email within five minutes of any deposits made. I would definitely recommend.

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Simple and Straightforward Process
I found the experience of opening an account with Recognize Bank very easy. It was simple and straightforward and I got an immediate response to my application.

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Easy to set account up and lots of…
Easy to set account up and lots of correspondence at each stage.
I would recommend.

Reply from Recognise Bank
Excellent information and very easy to…
Excellent information and very easy to set up an account

Reply from Recognise Bank
Easy to open joint account
Easy to open joint account. ID information handled quickly and easily.

Reply from Recognise Bank
Savings account interest rate is good (…
Savings account interest rate is good ( 1 year fix) and account set up process was straightforward and smooth.

Reply from Recognise Bank
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