New easy access deal takes a top 10 place | Product News - Moneyfacts

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New easy access deal takes a top 10 place

New easy access deal takes a top 10 place

Category: Savings
Date: 17/07/2015

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 It is now over 6 months old so the content may be out of date.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 has unveiled a new easy access account, which has moved straight into the Moneyfacts charts for its enticing rate and terms.

The basics…

HiSAVE SuperSaver Savings Account pays 1.40% AER (1.39% monthly), allowing it to take a secure seat among the top 10 accounts of its sector.

The finer details…

New customers must open an account online while existing customers have the additional option of setting it up by phone. It can then be managed by either method, although access must be via a nominated account.

A minimum investment of just £1 is needed, although the account can be topped up at any time with further additions. Transfers in of existing HiSAVE accounts can also be made by phone. In terms of withdrawals, savers are granted unlimited, penalty-free withdrawals that require absolutely no notice.

Why we like it…

Savers are likely to welcome this new addition to the easy access market – its competitive rate sets it firmly among the top 10 accounts of its sector and it also offers complete flexibility in terms of adding and withdrawing funds. Existing customers are also likely to welcome the option to transfer in existing accounts.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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