ICICI HiSave Account Update
October 2nd, 2005 | POSTED BY ROB
I posted an update about the problems ICICI bank were having opening new accounts for savers at the start of September.
Well it seems that they have now cleared their backlog of applications, caused by an under-estimation in the level of interest in the account.
It’s worth noting that as the account promises to be 0.25% above the Bank Of England Base Rate, from 1st November it’s interest rate will be cut from 5.4% to 5.15%.
1 Comment on “ICICI HiSave Account Update”
ICICI HiSave Savings Account Update / Personal finance and money information, tips and links / Money Watch, November 2nd, 2005 at 10:47 am
[...] I’m currently on the look out for a decent savings account (First Direct and Cahoot seem to be the most likely at the moment), so I’ll report back my findings when I’ve had time to do some research. Update: ICICI have now cleared the backlog of applications (please see my post about it), and have started to appear back on the best-buy tables once again. [...]
