Banks

Canadian Western Bank

2.8 (6 reviews)
🇨🇦 Canada, Edmonton
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2.8
6 reviews
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About Canadian Western Bank

Schedule I chartered bank

Customer Reviews

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Disappointing experience overall

H
Hannah Y.
1 months ago

I opened an account with Canadian Western Bank expecting better based on their marketing. The account opening process took forever, they kept asking for the same documents, and once the account was open the service didn't improve. Fees higher than advertised and interest rates lower than competitors.

Pros: None that I can think of

Cons: Slow processes, misleading advertising, high fees

Solid and reliable

A
Austin T.
2 months ago

Been with Canadian Western Bank for about 18 months. Overall a very good experience. The online banking works well, savings rates are decent, and I had no issues when applying for an overdraft. Only reason for 4 stars instead of 5 is their customer service can be a bit slow during busy periods.

Pros: Reliable service, good rates, easy overdraft

Cons: Customer service wait times

Mixed experience

K
Karen L.
2 months ago

I've had both good and bad experiences with Canadian Western Bank. Day-to-day banking is fine and the app works. However, I had a terrible experience trying to dispute a charge - it took weeks and multiple calls to resolve. The resolution was fair in the end but the process was frustrating.

Pros: App works well for daily banking

Cons: Dispute resolution process is slow and painful

Customer service needs work

D
Debra L.
2 months ago

The banking products at Canadian Western Bank are okay, but their customer service is genuinely poor. I waited 45 minutes on hold to ask a simple question about my statement. When I finally got through, the agent couldn't help and transferred me to another department where I waited again. Very frustrating experience.

Pros: Online banking works adequately

Cons: Terrible hold times, unhelpful customer service

Decent but nothing special

S
Stephanie I.
7 months ago

Canadian Western Bank does the basics well enough. My current account works fine, cards work abroad, and I haven't experienced any security issues. But they don't offer anything that really stands out from competitors. Interest rates are middling and the rewards program is underwhelming.

Pros: Reliable basics, international card works well

Cons: Nothing that stands out, low interest rates

Good bank with room for improvement

S
Sharon Y.
11 months ago

I generally have a positive experience with Canadian Western Bank. The mobile banking is well-designed and most transactions are processed quickly. My one complaint is that some features feel outdated compared to newer digital banks. Still, for everyday banking, they do a solid job and I trust them with my money.

Pros: Trustworthy, functional app, quick transactions

Cons: Some features feel dated