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Everything you need to know before you open a savings account with Paragon Bank!
Paragon Bank's savings accounts have been given a solid score of 74% by customers, and a respectable 68% when it comes to their products. Unfortunately, they failed to make the Which? Recommended Provider list, but they still managed to achieve an 8 out of 30 ranking when compared to other savings account providers. Fairer Finance gave them an impressive Customer Experience Rating of 66%, and their service was rated 23rd out of 50 savings account providers. All in all, Paragon Bank's services are worth considering for those seeking competitive rates and reliable service.
Paragon Bank savings accounts offer a reliable and straightforward experience, with excellent rates of interest and no bombardment of offers or rubbish deals. However, their customer service falls short, with long waits to speak to someone on the phone and several reported cases of incorrect information given. For those looking to open accounts by post they'd be wise to check their own deadlines as Paragon may not meet them. All in all, Paragon Bank savings accounts are a reliable option but their customer service needs improving. Score: 6/10
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