principality.co.uk

3.4
3.4 Based on 20 reviews

A mutual building society of 500000 members. Helping members with savings and mortgages for over 150 years....

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Average Rating

3.4

/
5

20 Reviews

5 Star
52%
4 Star
5%
3 Star
0%
2 Star
0%
1 Star
43%

All Reviews

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Review Time

Elbert Long
A Disappointing Experience!

A disappointing experience! I attempted to open a basic savings account, but they rejected my documents. I provided new ones, and while they accepted my passport, they do not accept online banking statements! It feels like they're stuck in the past! In today's world, this should not be an issue! I prefer to keep my savings with a more modern institution rather than one that seems outdated. And let's not even discuss their customer service! It's poor! The representatives on the phone struggle to communicate effectively!

1
Date of experience: Dec 09, 2025
Adrian Howard
A disappointing experience!

A disappointing experience! I attempted to open a simple savings account, but my documents were rejected. After sending new ones, they accepted my passport but refused online banking statements! It feels like they're stuck in the past. In this day and age, this shouldn't be an issue. I will be taking my savings elsewhere to a more modern institution! Their customer service is also lacking—those on the phone seem unable to communicate effectively!

1
Date of experience: Dec 09, 2025
Bobbi
Five years without any issues.

I've maintained several online accounts with the company for the past five years, and I've encountered no problems during this time.

5
Date of experience: Dec 06, 2025
Algernon Price
Simple account opening process with great rates.

The complete opposite of another institution I tried. With this company, opening and accessing accounts online was straightforward. The interest rates are competitive as well. I've called a few times and received prompt assistance from a helpful advisor. My attempts to open a regular savings account with the other company were frustratingly unsuccessful. They could learn a lot from this one regarding how easy it should be!

5
Date of experience: Nov 12, 2025
Extremely frustrating banking experience.

An extremely frustrating banking experience. I deposited money monthly but could never access it. I contacted customer support, received a reset code by mail, and yet my security answers were repeatedly rejected online. When I called to address my account issues, the representative simply suggested closing my account. Zero customer service skills from an institution that clearly doesn't know how to manage clients' funds.

1
Date of experience: Nov 05, 2025
Highly efficient staff.

The staff here are incredibly efficient. Special thanks to the representatives for their outstanding customer service. Having dealt with various institutions for over 50 years, this one stands out as a leader in customer service. I will always choose to invest with them and highly recommend this company to everyone.

5
Date of experience: Nov 05, 2025
dreamax0067
Always polite and helpful.

The branch is consistently polite and friendly. I just opened a regular savings account for the holidays, and all the staff have been exceptionally kind. The service is quick, and I appreciate their efforts.

5
Date of experience: Oct 27, 2025
Patenzo59
Positive experience overall.

I've been benefiting from the interest rates on regular savings accounts for several years now, all online without needing to contact anyone. I made a mistake with a reference number recently, but my money was returned the same day. I expect to receive a letter soon explaining the situation. Interestingly, there seems to be only one person responding to reviews. If it's the same individual managing the office, it's understandable why some interactions may be challenging. I'm surprised by the negative reviews, although I do agree a banking app would be a welcome addition.

5
Date of experience: Oct 21, 2025
Maddox
Excellent service and interest rates.

The interest rate for the six-month regular saver account is excellent, and I received a quick and helpful response when I inquired about maturity. Speaking with someone to give instructions was easier than doing it online. My nominated account was credited faster than I anticipated, and I was informed that a statement would be sent within two days. In fact, I received the document via email just a few hours after my request.

5
Date of experience: Oct 07, 2025
Lokitiloju
Access issues with child's savings account.

I was unable to access my child's savings account to provide maturity instructions. I failed the security check because I didn't know the exact balance—how could I when it's a postal account and I live far from a branch?

1
Date of experience: Oct 06, 2025

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