ICICI Bank has upped the rate paid on its five-year HiSAVE Fixed Rate Account.
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.
Find the best savings rates
Compare the best 4year and over fixed rate bonds
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