We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

NEW ICICI 5.85% Savings...

May as well start a new thread now they have a new rate

Now another new term deposit account at 5.85%

Dear HiSAVER,


We are pleased to announce the launch of the second HiSAVE Term Deposit product.

This Term Deposit is a six month Fixed Rate deposit offering a rate of 5.85% Gross / AER. Please go through carefully all our term and conditions for this term deposit product at http://www.icicibank.co.uk/hisave_terms_condition.html before signing up.

We hope you will make full use of this opportunity. You may apply by writing to us through your account manager or calling us on 080 81 31 41 51.
"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)

Comments

  • Madiba_2
    Madiba_2 Posts: 172 Forumite
    Part of the Furniture Combo Breaker
    Hmm, this one says its fixed rate. It also says there is only one "term" in their T&C's
  • lisyloo
    lisyloo Posts: 30,094 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Obviously any forecast is speculation but I believe it is widely expected that rates will go up again.
    It would be sensible to take a view on interest rate rises before fixing.
  • anniecave
    anniecave Posts: 2,479 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i'm always suspicious when organisations suddenly start offering fixed rate bonds that they predict that rates will go up soon ...... Maybe I'm cynical, but I'm not sure that I'm entirely wrong....
    Indecision is the key to flexibility :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.