ICICI ups 5 year fixed savings rate | Product News - Moneyfacts

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ICICI ups 5 year fixed savings rate

ICICI ups 5 year fixed savings rate

Category: Savings
Date: 16/08/2013

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 It is now over 6 months old so the content may be out of date.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 has upped the rate paid on its five-year HiSAVE Fixed Rate Account.

The basics…

This five-year fixed rate bond now pays a competitive 2.90% yearly on a minimum investment of £1,000.

Savers looking to supplement their income can also opt for a monthly interest option paying a slightly reduced rate of 2.86%.

The finer details…

This account can only be operated online.

As is the case with most fixed rate bonds, early access to funds or further additions once the issue has closed will not be allowed.

Why we like it…

A fixed rate savings review from ICICI Bank sees it increase the rate offered on its five-year HiSAVE Fixed Rate Account to 2.90%.

This improved rate pushes this product into the top 3 of long-term fixed rate accounts in the Moneyfacts best buy table.

Four out of five Moneyfacts Stars have been awarded.

What Next?

Find the best savings rates

Compare the best 4year and over 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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