Aldermore Bank Reviews

Name: Aldermore Bank
Rating: 1.63

1.6 Rating 105 Reviews

16 %

of reviewers recommend Aldermore Bank

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1.6

Based on 105 reviews

Shipping & Delivery
Delivery Methods	Postal Service, Courier
Customer Service
Communication Channels	Email, Telephone
Queries Resolved In	Over A Week

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Anonymous

Anonymous // 01/01/2019

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“Having opened an account online easily enough, I then had to spend time sending and resending further information after a number of conversations. The last set of information was sent a couple of weeks after the account was opened and a substantial amount deposited. I received an email to claim the information was not received and that several reminder emails had been sent and remain unanswered. Inaccurate as at every stage and after every email, I immediately picked up the phone to resolve the issue. The email notified me that the account had been closed. I again picked up the phone to be told that the only resolution was to open another account. Needless to say, my confidence in this as a place to hold my money safely has been damaged to the extent that I will not be opening another account.”

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Posted 3 years ago

“My mortgage broker put in application for buy to let mortgage, since August 2020 and came back that a commercial mortgage would need to be completed. Aldermore was advised that it was via limited company, there sat on the application for nearly two months and requesting information which was already given to them at the beginning. Kept asking for same information and questions after questions and then went to underwriters who asked for more information which was given. Aldermore had no intention of lending, just wasting months and months with providing information. STAY CLEAR from this lender and complete waste of time.”

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Posted 3 years ago

“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 4 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 4 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.”

Helpful Report

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

“Wonderful news, whether they read my review regarding customer loyalty I don't know, but we were contacted by Aldermore Bank ( I called them back as you should for security reasons) and received an apology and opened the account at the original rate. Well done, and thank you Aldermore”

Helpful Report

Posted 5 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 5 years ago

“The reason I give 2 stars is that at least they have a good working internet banking and the withdrawals (originally) work within the timescale they promise. However, do not fall for it. They make it sound super simple and easy and then they keep your money hostage. I explain... I opened this account by how easy it sounded to deposit / withdraw money from my main current account in case I had an emergency and needed the money. And the first time around it worked great. Until I get a letter in the post saying that until I prove my current account is my own they have put "preventative measures" in my easy saver (without giving any details about which they are!). I went paperless with my current account provider, so I go to my app's inbox and download my latest statement, I send both a photo of Aldermore's original letter to me and the PDF I just downloaded from my current account provider to them via email... I thought, well this is done. They have my email, they have a photo of the letter, surely there will be no doubt THIS IS ME. Wrong, I receive an email saying they do not accept digital documents (when are we? 1980s?) and I must contact customer service via phone. I do, customer service then says they cannot accept digital documents... Ok, but I don't have a printer at home, what do I do? Oh, we cannot accept documents printed at home either, it has to be an original from your bank - lady, did you not just hear me saying I had gone paperless? So, she then explains that I cannot do anything with my money until I send an original statement from my bank via post. Keeping my money hostage! So I contacted my current account provider, who confirmed the copy of the statement will come in 7-10 working days. This plus the amount of time it will take to send the statement back to Aldermore and having them processing it, means that this won't get resolved any earlier than 15 days. I sincerely hope I will not need this money within these 15 days or I am going to be a very angry person. This is MY MONEY! Why do you go through all the trouble of limiting deposits and withdrawals from a specific current account to then do all this? It's ridiculous and outdated.”

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Posted 5 years ago

“Awful Shocking Disgusting Service, they really need to be investigated by the FCA. Please steer clear away!!!!!!!”

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Posted 5 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 5 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 5 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 5 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 5 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

Aldermore Bank is rated 1.6 based on 105 reviews