AI-powered Google Reviews Widget - FREE
Free Google reviews widget for your website
Increase sales, trust and credibility with ai.
Mike, Adam and another 21,516 have joined the waitlist.

Paragon Bank Technology Finance Reviews

Rated 2.4 based on 18 Reviews

Heron House, 5 Heron Square, Richmond TW9 1EL

Banks Richmond

Published on
July 28, 2025
Last updated
July 28, 2025

Reviews Summary

Overall sentiment among Paragon Bank customers is predominantly negative, with many reviewers reporting significant frustrations regarding account management, poor communication, and inefficiencies in service delivery. While a small number of users mention smooth account opening processes and competitive interest rates, the majority highlight issues with document handling, unresolved complaints, and inconsistent staff responses. Criticisms often focus on slow processing times, unhelpful attitudes, and repeated failures to resolve fairly basic banking tasks.

Common feedback includes difficulty changing account details, failed account closures, and problems transferring savings or ISAs. Recurrent mention of unresponsive staff, delays stretching to weeks or months, and contradictory instructions have impacted customers' ability to access or move their money. Although compensation or corrections are occasionally reported, many complaints remain unresolved long enough to erode trust in the bank's processes.

In summary, Paragon Bank's reputation, based on current review patterns, is marred by recurring operational shortcomings and customer service frustrations. While there are isolated positive remarks about their digital savings offerings and competitive rates, concerns about reliability and accountability dominate recent feedback. For banking services in the UK, this company faces ongoing challenges in meeting customer expectations.
Read more

What Customers Are Saying About Paragon Bank Technology Finance?

quickly resolved via email

competitive at the time (5.25%)

Trustguide extracts key phrases from reviews about Paragon Bank Technology Finance and sort them by sentiment. This gives you a quick view of what customers consistently praise or raise concerns about—without needing to read every review.

Satisfaction Score

Based on the set of reviews used to generate this report, it appears that 20% of Paragon Bank Technology Finance's customers had a positive experience.

Positive
20%
Neutral
0%
Negative
80%

Paragon Bank Technology Finance Ratings

1

As of Based on 18 revies as of Jul 28, 2025

Paragon Bank Technology Finance Score

20%

As of Based on 18 revies as of Jul 28, 2025

Got a busrning question about Paragon Bank Technology Finance?

Claim your profile. Tell the world about your key services, industry customers, or other valuable information.

Customer Reviews

As of Jul 28, 2025, 18 customers have reviewed this business and rated it 2.4 Star out of 5. Trustguide conducted an in-depth analysis of Paragon Bank Technology Finance's publicly available reviews View source

Dr Iain M Hambling rated Paragon Bank Technology Finance 1 stars
3 months ago
Appalling ! I had all my paperwork upfront. My broker applied for a Specialist Mortgage. Paid £299 for the survey (never carried out) and was refused due to 'the location' of the property. Paragon were negative and condescending in evaluating the local area, without even valuing the property itself... what they didn't realise, is that I already live in the property most of the year for the very reasons they were negative about - close to a railway station / close to a port / close to an RAF station / close to a retail park / 'busy' ? main road. It took them 4 weeks to decide on something that could have been checked on Google Maps in 4 minutes !!!
l a rated Paragon Bank Technology Finance 1 stars
Edited a week ago
Do not put your savings in Paragon. Failed to close my account on the designated date. Couldn't provide me reason. Then, prolonged the closure of my savings account. This is an incompetent bank staff that gives incorrect information and lacks basic training in reading account balances. Update. Received details repot on paragons complaint findings followed by unexpected compensation cheque. To all those who have received unprofessional poor service, don't give in. Fight, especially those dealing with bereavement
XTXF rated Paragon Bank Technology Finance 1 stars
Edited a week ago
stay away this bank When I deposited money, the process was swift and efficient. However, when I attempted to change my address, I faced significant delays. Despite providing the correct documents multiple times, I was continually told they were incorrect. This process took over a month, and my account was eventually frozen without any prior notification. Moreover, when I tried to withdraw my money, each customer service representative gave me different instructions regarding the required documents. Even after a month and with the assistance of a lawyer, providing all the requested documents, the bank still refused my withdrawal, claiming insufficient documentation. I am extremely frustrated with this experience.

Frequently Asked Questions About Paragon Bank Technology Finance

How easy is it to open an account with Paragon Bank?

Some customers find the account opening process smooth and completed online in a short time. However, frequent issues such as delayed document handling and application closures due to misplaced paperwork have been reported by others.

Are there problems with withdrawing or transferring savings with Paragon Bank?

Numerous reviewers experienced significant delays, conflicting instructions, and in some cases, account freezes when trying to withdraw or transfer funds. Problems with document verification are a recurring issue in these situations.

What documentation is needed to update personal details or apply for products?

Customers are asked to provide supporting ID and documentation to update addresses or open accounts. Multiple reviews suggest these documents may need to be re-submitted, and processing can extend over several weeks due to verification issues.

About Paragon Bank Technology Finance

Banks
Paragon Bank operates as a financial institution providing personal and business banking, including savings accounts, ISAs, and specialist mortgage products. Their services are delivered primarily through online and digital platforms, allowing customers to open and manage accounts remotely without the need for in-branch visits.

The company handles account applications, document verification, funds transfers, and communication predominantly via email and secure digital platforms. Interest rates are set for various account products, and Paragon processes transactions according to specified timelines. Customer support and account management are available through their online infrastructure and call centers.
Expand

How is this report generated

Trustguide generates concise, neutral summaries of business reviews. By analyzing publicly available feedback from reputable platforms, it highlights common experiences, praises, and concerns. This allows users to quickly understand a business’s reputation without reading every individual review.4o
Own this business? email us at hello@trustguide.ai.
3924049914997178072
Show your best reviews to your future customers
95% of your customers read online reviews. Make it easy for them.
Mike, Adam and another 21,516 have joined the waitlist.