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Charter Savings Bank Savings Review

This article was last updated:

Everything you need to know before you open a savings account with Charter Savings Bank!

The experts say:

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Charter Savings Bank is a great choice for those looking for a reliable savings account provider. They boast an impressive customer experience rating of 69%, putting them ahead of the vast majority of their competitors. Even more impressive, out of the 50 savings account providers assessed by Fairer Finance, Charter Savings Bank comes in at a remarkable 12th place. This makes them one of the top picks for anyone searching for a savings account provider with great customer service as well as competitive rates.

What Charter Savings Bank customers are saying right now:

The Good

  • ✅ Easy application process
  • 😃 Very knowledgeable staff
  • 😊 Good interest rates compared to competitors
  • 💰 Substantial cash reserves
  • 📱 Simple and intuitive online experience

The Bad

  • 🤦‍♀️Incorrect interest rate, time wasting and long delays in obtaining funds.
  • 🤯Poor customer service with accusations of upper vs lower case letter use.
  • 🤬No reimbursement for lost interest, phone costs or time spent.
Read more customer reviews of Charter Savings Bank

Charter Savings Bank customer reviews summary

Charter Savings Bank savings accounts offer a wide range of options with competitive rates of interest. Customers report that the application process is generally straightforward and many have praised the helpful customer service. However, there have been reports of delays in setting up accounts, as well as in withdrawing funds, which may be off-putting for some customers. On balance, Charter Savings Bank savings accounts are a good choice for those seeking a reliable bank with competitive rates, but customers should be prepared to wait a little longer for their funds than from other providers. Overall score: 7/10.

Is Charter Savings Bank one of this year's Top 10 savings account providers?