ICICI increases bond rates | Product News - Moneyfacts

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ICICI increases bond rates

ICICI increases bond rates

Category: Savings
Date: 30/01/2014

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 It is now over 6 months old so the content may be out of date.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 increased rates on its two and three-year HiSAVE bonds by up to 0.25%.

The basics…

HiSAVE Fixed Rate 2 Year now pays 2.40% yearly (2.37% monthly), while the three-year option pays 2.70% yearly (2.67% monthly).

The finer details…

As with most fixed bonds, no earlier access or further additions are permitted.

Investors should note that a HiSAVE Savings account will be required – one will automatically be opened.

The accounts can be opened with a minimum investment of £1,000 by phone or online and will then need to be operated solely online.

Why we like them…

This review sees the three-year option move to the top of the Moneyfacts best buys with a market-leading rate, while the two-year option is also very competitive and moves up the charts.

Four Moneyfacts Stars have been awarded.

What Next?


Compare the best 2 - 3 year fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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