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Time to bond with ICICI Bank

Time to bond with ICICI Bank

Category: Savings

Updated: 21/04/2009
First Published: 21/04/2009

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 introduced four new fixed rate bonds, all of which take the top spot in their respective fields.

Consumers can take their pick from two, three, four and five year fixed term, internet operated accounts , which all require a minimum investment of £1K.

The two and three year options pay a rate of 4.20% yearly, while the four and five year products pay a rate of 4.00% and 4.40% respectively.

A HiSAVE savings account will be opened in conjunction with all bonds to receive interest and matured funds.

As with most fixed rates, early access and further additions are not permitted. This should not affect thr popularity of these accounts, which have all been awarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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