Cahoot Omdömen 449

Attracted by a good saving rate
Applied and it took 5 working days to get 2 letters with the old fashioned data request of ID and ref numbers

Logged in and set up on the same day as the 2nd (late) letter arrived - great.

I have been trying to deposit money ever since from another account.
Rang them - your account is blocked and with "security dept" WTF - its a savings account ! I don't want to take money out - I want to put it in!

Rang them - oh please wait 24 hours and it will be fixed - now 72 hours later and still no access. On hold to the complaint dept - "please wait - it can take up to 20 minutes to answer"

What a joke of a company !

I suggest you look elsewhere - even if a slightly lower saving rate.

Some 8 days after opening my account, I was finally able to pay money in. Thank you to the most helpful "Colleen" (whose name I forgot to note) for taking the trouble to ring me saying my account was now fully functional.
I experienced no difficulty setting the online banking process up, having received their two letters with passwords/codes etc.

Disaster !! stay sway

I have recently opened 2 accounts with Cahoot based on class leading interest rates. Found it strange having to access security information by scratching panels from 2 separate letters. Very retro! The OTP codes also I think are needlessly complex ... a combination of 8 letters and numbers. Other providers send me either a 4 number or 6 number OTP code. Surely good enough security. I find it the hardest savings website to negotiate on a mobile. The Santander website is much easier to use. Even so, I'm surprised at the huge numbers of negative, one star reviews.

I have an account with Cahoot. I have sent 2 secure messages since 6th September and have not received any response 😡

I opened an account with Cahoot in mid august and, over a month later, I still can’t access it. They rely on sending temporary passwords by post, which keeps failing. The password letter never arrived, and when I asked for a resend, then the letter turned up but was already invalid because I already requested another one.

I’m still waiting for a usable password, which means I haven’t been able to access my account at all. Despite the good interest rate, the outdated process and poor experience make me want to cancel my account entirely.

Absolutely rubbish service and backwards technology: I would not recommend.

I opened a Simple Saver Account a week ago - but I'm still unable to access the account online, as Cahoot insist on sending out the password and security number by post, and they haven't arrived after a week. In 2025, Cahoot are still using the slowest and least secure method of communication to issue essential security information.
Thankfully most other banks have embraced modern technology so I've opened and funded another account with another bank which I'll use instead.

Absolutely exhausting experience trying to set up an account. I sent them my passport 3 times and they kept asking for it again. They have no email address or service at all.

Blessing in disguise, I will stay with Chase bank. I cannot imagine trusting these guys with my money.

Recently opened a savings account with Cahoot but did not receive account login username and password. Instead, Cahoot had linked the account to a very early profile of mine that has a now unacceptable username because of non alpha numeric characters, or so I was informed. Telephone agents were unable to help and instead of initiating a resolution, wanted me to call back after 30 days. Dreadful customer experience.

Terrible customer service. I requested a letter from Cahoot confirming my bank balance 4 weeks ago. I still have not received it, despite numerous calls to the bank. I gave up in the end and closed my account.

If I could give a worse score I would. I have a lot of bank accounts as I switch regularly and can honestly say trying to open a savings account with you is the worst experience I have EVER had. I try to upload the identity documents and the hub I have to upload them to doesn't accept my application reference - says its wrong despite copying and pasting from their email. And when I then phone the number on the hub webpage it asked you to phone to get through to actual human being I end up with a ridiculous computerised system that keeps fobbing you off. Then you wait for 3 minutes and speak to a Santander customer service agent who says cahoot are nothing to do with them and they can't help. What a utter joke! No wonder it's a good rate, no one can open an account!

Update. Having how spoken to Cahoot directly (number given by Santander) the problem is you cannot upload a second document until the first one has been checked. They are aware of the error. Well perhaps save your customers and customer service teams a lot of calls by putting a banner on the upload hub to this effect and also put your own phone number on their not Santander's.

Absolutely terrible.
Firat opened a savings account EIGHT weeks ago - mid-July 2025.
Online account opening process fine but letters with log in details took an age of men to arrive. Thinking I was never getting them, I requested new login letters. The first set eventually showed up. Inevitably these login details didn't work as they had been cancelled on requesting the second set. The second set of login details took another 2 weeks to show up. Couldn't log in.
I requested a third set of login details three weeks ago and I'm still waiting.
Even if these details show up and I'm actually able to log in to this account, how am I supposed to trust this joke of a bank with my money? I'll be closing the account having been unable to deposit a single penny since opening the account more than 7 weeks ago.
When I've called to request the new details I'm told they'll take 4-7 days to show up.
Some of the blame may be attributable to Royal Mail also (who knows) but between Cahoot and Royal Mail I honestly just despair.

Just opened account recently. Tried to withdraw funds and it reported an error repeatedly.
Sent a message on ‘chat’, no reply. Still have same problem 24 hrs later. Hopeless.
Will close account and go somewhere else.

I've used Cahoot for a couple of years now for a savings account . Initial set up took a few days for postal Id. 2 factor log in requires a code to be sent to access online, I'm very happy with this as a security issue. No issues at all with deposits/withdrawals. Opening other savings accounts with them has taken a few minutes online. Interest rates are very good and I've noticed when they drop rates after base rate cuts it is with several months notice not a couple of weeks. No issues at all.

Am amazed by the bad reviews recently but assume this is because they are paying one of the best interest rates and are swamped with new applications?
We have had an account for 2years and have no complaints. No app but I just put Cahoot in my search engine and click log-in .Then face recognition on my iPhone and they send me a code by text and Access to my account is given.
Transfers are done same day to any checked bank account , not just designated account.
Happy to be with a bank owned.by blue.chip Santander!

wow, i have dealt with many many banks and building societies but Cahoot is the worst by far, i'm not gonna blubber about it too long and tell every detail that is wrong with them, if you want to take the risk than go ahead and use their services but be warned youre not gonna get what you've signed up for, and good luck reaching the customer service and even eventually if you manage to reach them good luck getting it sorted. Good luck on your cahoot journey if you decide to take it:}

1) No app.
2) 2fa is done via SMS, which is not considered secure.
3) The 2fa code cannot be pasted into the code textbox.
Insecure while still being obtuse for a user.

Opened a savings account funded by a Santander (who own Cahoot) current account I have had for years. Logged in (from home PC) to send 5k back to the very same current account, entered the OTP code and it locked me out of online banking due to suspected fraudulent activity. I cannot think of a safer scenario, two accounts with the same name held with the same bank and the only account I have as a payee. Told the wait to speak to security would be around half an hour so have had to leave it for today and borrow the money from my business. As soon as I can get back in I will have to close the account as if my Santander account is deemed unsafe then it will happen every time I want to withdraw money. It is draining waiting and giving the same information over and over again. Something is terribly wrong with their algorithms.

Just opened an account recently and I should've checked reviews first! Wanted a good interest rate for savings, but will try elsewhere. Cahoot is old fashioned. Where is the claimed app? A mobile code for login, every time??? No link on my Santander app, but they'll link any other bank, which is very odd. Spent a few minutes on phone, waiting for customer services. Time to ditch and switch, as Martin Lewis says.