ICICI Bank UK has reviewed rates on its fixed rate HiSAVE bonds, with the two-year option retaining its position in the Moneyfacts best buys.
HiSAVE Fixed Rate 2 Year now pays 2.05% yearly, with a slightly reduced monthly option paying 2.03% for those who want a regular income.
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 account can be opened with a minimum investment of £1,000 either by phone or online, and will then need to be operated solely online.
With a competitive rate and a monthly interest option, this two-year bond is a Moneyfacts best buy.
Four Moneyfacts Stars have been awarded.
Compare the 2 year fixed rate bonds
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