paragonbank.co.uk

4
4 Based on 21 reviews

We are proud to be a specialist lender and savings bank offering a range of products and services in the UK. Our purpose is to support the ambitions of the people and the businesses of the UK by delivering specialist financial services. Founded in 1985,...

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Betsy Morris
Frustrating online banking experience

My partner has managed our banking online, but now with dementia, we lack access to login details. At my age, I have no desire to initiate online banking. Finding our funds has been stressful due to the lack of paper trails. I found £40,000 in a bank months ago, but transferring it to my current account has been extremely difficult, where I could engage with a bank representative in person. While the staff are friendly and often ask if they can assist further, I just want them to complete my initial request. They are currently paying me 1.35% interest but won't deposit the £40,000 into my account, where I could earn 4% interest at a physical bank. All I receive are instructions for online banking, but that's the issue—I don't do online banking, and my partner cannot provide login details. Other banks have been much more accommodating once I explained my situation. Caring for someone with dementia is already overwhelming, and this bank has only added to my stress. Would I recommend them? Absolutely not. I've been waiting for a manager to contact me for a day now, but I'm not hopeful.

1
Date of experience: Dec 02, 2025

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Business Details

  • We are proud to be a specialist lender and savings bank offering a range of products and services in the UK.

    Our purpose is to support the ambitions of the people and the businesses of the UK by delivering specialist financial services.

    Founded in 1985, we have a long and successful history and are part of the FTSE 250.

    Find out more about us
    https://www.paragonbank.co.uk/who-we-are

    Our awards
    https://www.paragonbank.co.uk/who-we-are/awards-and-nominations
    See more

  • language https://www.paragonbank.co.uk

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