New easy access account sails into the charts | Product News - Moneyfacts

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New easy access account sails into the charts

New easy access account sails into the charts

Category: Savings
Date: 13/08/2015

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 It is now over 6 months old so the content may be out of date.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 unveiled a new competitive easy access savings account, securing a prized place on the Moneyfacts charts as a result.

The basics…

HiSAVE SuperSaver Savings Account Issue 1 pays a variable rate of 1.54% monthly (1.55% AER), allowing it to rest comfortably among the top 10 accounts of its sector.

The finer details…

New customers must open and operate their account online, but existing customers can also open and manage it by phone. All transactions must be via a nominated account. A minimum investment of just £1 is required to open an account.

Additional deposits can be made at any time and transfers from existing HiSAVE savings accounts can be made by telephone. Unlimited, penalty-free withdrawals are also permitted with absolutely no notice required.

Why we like it…

This easy access deal is likely to appeal to those looking for a flexible savings account. The rate is competitive and the monthly interest will suit those who are looking to secure a regular income. The fact that unlimited and penalty-free withdrawals and additions can be made further sweetens the deal.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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