ICICI - Recent experiences - grateful for feedback?

steveksullivan

I have a fixed rate account maturing shortly and am looking for a new home for the money - ICICI seem to be about the best rate at the moment.

HOWEVER

In 2007 I opened an ICICI HiSave account and - knowing there had been some 'adverse publicity' about ICICI at the time, made a 'test' transfer of £1.

After checking almost daily for two months and the money not appearing in the account, I got fed up and wrote-off the £1 !!!

It now seems they've been 'upgraded' in very recent days by Martin and other worthy organisations, so I was interested in any up-to-date experiences of their efficency in account opening and customer service ?

(By the way, I've checked today and my £1 is finally there - complete with 10p interest ... no idea at what point it arrived!)

Thanks for reading ....

EDIT:

hmm after reading another ISA thread I checked Manchester Building Society and it seems their rate is higher .... may not need ICICI after all

Baldur

I've had various accounts with them since 2006 and have never had a problem - most recent transactions September, October & November 2008 - renewed Fixed Term accounts at 6.6% to 7.2% and the end of February 2009, when I withdrew the proceeds of a matured Fixed Term account.

DiggerUK

Steve,

This may be of interest to you if with ICICI.
http://www.financialexpress.com/news/icici-bank-cuts-lending-rates/449606/

Take care.

Sol00

I've been with them over a year and the set-up was flawless.

If I was to think of anything that is an issue to me; it would probably be that it takes 3 days to transfer my savings to my linked account, however, I know this isn't their fault.