ICICI Bank UK has boosted the rate of its easy access savings account by 0.10%, securing its place at the very top of the Moneyfacts charts as a result.
HiSAVE SuperSaver Savings Account Issue 1 now pays a variable rate of 1.64% monthly (1.65% AER), the joint market-leading rate for its sector.
New customers must open the account online, after which it can be in the same way or by phone. Existing customers can open an account using either method. An initial investment of just £1 is needed, and it should be noted that access is via a nominated account.
Additional deposits can be made at any time and an unlimited number of penalty-free withdrawals can be made without notice, giving savers the height of flexibility.
The rate increase to this account has allowed it to improve its chart position and take the spot at the top of the podium. Savers who are looking for a competitive but highly flexible account are therefore likely to find this an attractive offer.
Moneyfacts rating: Excellent
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