ICICI increases savings rate - Savings - News - Moneyfacts


ICICI increases savings rate

ICICI increases savings rate

Category: Savings

Updated: 19/05/2010
First Published: 18/05/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
ICICI Bank UK has increased the rate of return for savers with four year fixed rate accounts.

The 4 Year HiSAVE Fixed rate account now offers 4.50% interest (+0.15%).

It is good to see the provider implementing this increase, improving its already market leading position, albeit in a limited field.

As with many fixed rate bonds, earlier access and additions are not permitted, so investors will need to know what funds they can commit to from the outset.

A HiSAVE Savings account is automatically opened when customers invest in a fixed rate account.

Four out of five Moneyfacts stars have been awarded.

Find the best savings accounts for you - Compare long term fixed rate accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!