Aldermore Bank Reviews

1.5 Rating 95 Reviews
14 %
of reviewers recommend Aldermore Bank
1.5
Based on 95 reviews
Customer Service
Communication Channels
Email, Telephone
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Anonymous
Anonymous  // 01/01/2019
Aldermore Invoice Finance - I would give them a very wide berth. They fail to deliver funding and then charge you to leave. Avoid.
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Posted 3 years ago
Aldermore are shocking terribly slow ponderous endless requests for further information no decision makers high rates big profit no thought for their customers best avoided
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Posted 3 years ago
Worst service I've ever had from any organisation, anywhere. Mother is 78 and needed money out of old Aldermore savings account. 2 ignored emails followed by several unanswered phone calls and finally managed to get through to them. Despite Mum being 78 and advised not to leave home during lockdown, Aldermore insisted they needed a lawyer-stamped copy of the death certificate of my father, who passed away 5 years ago. This, after being told that a copy would be ok by a customer service adviser. They never contact to tell you anything, only leave it for you to find out the bad news when you call them after a 30 minute phone queue. We have been plugging away at this for over a month and my mother still has not received the funds locked up with this diabolical organisation. Worst company (not just bank) I have ever dealt with. WHATEVER YOU DO, DO NOT HAVE ANY DEALINGS WITH THESE COWBOYS.
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Posted 3 years ago
Tried 3 times to contact Aldemore today - 1st time waited 11 minutes and gave up, 2nd - waited 8 minutes - gave up, 3rd time waited jst over 10 minutes - gave up. Sent an email expressing my concern - reply from them - a reply will be forthcoming in 4 business days. Pathetic.What appalling customer service. I contacted 4 other companies with whom I have savings and they all answered the 'phone ( a bit longer than usual but that is OK ). As soon as I can my money will be moved elsewhere. Terrible service.
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Posted 4 years ago
My mum has had to move into a residential home and has sold her house. She tried to open an account with Aldermore, but they wanted additional proof of ID. They were sent her passport and a BT bill addressed to her at the home. Most of the things they would accept she could not provide and the list of people allowed to certify copies meant she would have to had gone out to someone's office, but she has mobility issues. These documents were returned to her with a letter explaining that if they needed anything else they would contact her. When she had not heard anything after a couple of weeks she emailed them three times to ask what was going on and received responses to the first two which simply said she should wait for her account details. In response to her third email someone called and left a message asking her to call them back. When she did they then told her that they had written asking for further proof of ID two/three weeks earlier. Why could they have not said this in their email responses! She was then told that her application had been cancelled the day after their call three days earlier! The only arranged for her deposit to be returned to her as a result of her call and two weeks later she still has not received her initial deposit back. Two other large financial institutions managed to open accounts using the same ID provided to Aldermore, but it seems Aldermore don't like to put obstacles in the way for my mums age group.
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Posted 4 years ago
The invoice finance arm have a high staff turnover and I would question their honesty. In such a competitive market there are much better providers. Give them a miss.
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Posted 4 years ago
My application got lost and lost on fixed deposit and they had my funds for a month and no communications from them and sent back funds and sent a letter afterwards.
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Posted 4 years ago
Just read reviews and in total agreement. Opened savings account but have had to contact them several times re internet access. Still not got account verified in order to get money back and account closed. All other banks have better systems in place and will refund money if change mind on opening. DO NOT USE THIS BANK. Much better online banks elsewhere.
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Posted 4 years ago
We are an elderly couple who like others sometimes find it difficult to navigate around internet banking. We have been loyal customers of this bank for many years and recommended it to relatives. This means nothing to this organisation. They are insensitive and do not understand loyalty so we have found it necessary to cease any further business with them. We recently opened a 1 year bond at a fixed rate, but confusion arose over the transfer of funds to it from a 30 day notice account.It resulted in the failure to transfer the funds in time before the interest rate dropped. They insisted that the a new account would have to be opened at the lower interest rate. Any organisation that puts profit before customer satisfaction and loyalty is not worthy of support.
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Posted 4 years ago
Awful Shocking Disgusting Service, they really need to be investigated by the FCA. Please steer clear away!!!!!!!
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Posted 4 years ago
I sent info to Aldermore as requested 9 days ago and still no one has bothered to contact me! Appalling service! Doesn't even deserve one star!!!
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Posted 4 years ago
Only bank ever to refuse to send me my statement of interest which i need for tax purposes.
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Posted 4 years ago
Poor, fail to meet FCA regulations, no understanding of FCA treating customers fairly, I'm going to continue posting negative reviews each week until this company accepts they have got it wrong, this company wouldn't go wrong having there FCA licience revoked and be put out of business, make things up as they go long make offers they don't stick too, then they try to cover tracks with further unorthodox tactics. NAMED AND SHAMED ADAM GUNTON AND NEIL DAWSON
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Posted 4 years ago
Apittamy of greed fees for everythig u don,t find out till u sign up doubt if there is any company greedier than Aldermore at least Dick Tupin had the decency to wear a mask avoid at all costs rip off merchants
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Posted 4 years ago
Appalling service that led to me having to request return of funds and the account not being opened. Not interested in rectifying the issue with their terms even though they have an obvious mistke in them. I would not have anything to do with bank under any circumstances.
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Posted 5 years ago
In my opinion Aldermore Invoice Finance are dishonest and underhand in their dealings. Staff turnover is high and there are constantly new people managing accounts. I would strongly advise any business to give Aldermore Invoice Finance a big miss.
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Posted 5 years ago
We are very unhappy with the service we have received from them, we applied for a mortgage direct through them, all was good, adviser James Quigley was friendly and helpful at the beginning. Payment was taken on the 21st June for the £99 and the £370 valuation fee. After that communication was different, his manner on the phone changed and email responses were slow, days after. On the 26th June he said we where moving to far, but he had the wrong address. I called on the 28th June to be told by someone else that the application had been started but not submitted. On the 4th July James promised it would be looked at the next day, 2 weeks after we payed. On the 9th July, after pushing and trying to get things moving as we had the estate agents giving US a deadline we were told it was a no from the bank, and James said he would sort the refund of £370. I emailed on the 24th and 26th July asking where the refund was, no reply. i called on the 30th July to be told it was authorized in the 26th and to allow 5 days , would be in my bank by Thursday 2nd August. Still no refund, I emailed again on the 2nd to be told you cant find my payment so no refund has been issued?!
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Posted 5 years ago
They have completely Refused to consider people who have no internet access, or are not computer literate. I was with them for 6 years plus. and was able to operate my account - linked to my current account, BY TELEPHONE. From October this facility will be with drawn, along with the facility to send cheque's to Aldermore in order to fund one's account. Many people prefer the telephone option. Some times because they are of the older generation (who often have the most to invest) Or do not trust internet banking, due to all the reports of fraud. A cost cutting move on their part, which would give credibility to reports of their current problems.
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Posted 6 years ago
I would have given Nought, as they do not respond to complaints, the CEO Phillip Monks does not respond to emails. AVOID AVOID AVOID
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Posted 6 years ago
Very dishonest. They kept my savings for 5 months and returned the fonds to me without paying any interests. When I called them they told me I could do a new investment with them. How could they even think I would ever invest any money with them? They are not professional and have stolen 5 months interests from my money. There are plenty other investment company that pay better interests and are very good. One of the best is Castle Trust.
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Posted 6 years ago
Aldermore Bank is rated 1.5 based on 95 reviews