ICICI savings account 1.55%

MickM

I applied to open an account on 22nd Jan.
They set up a DD on 30th Jan.
They took the £1 on 1st Feb
They opened the account on 6th Feb.
It seems that to add further money they use the Direct Debit. That won't be quick.
Not sure how they transfer withdrawals but that takes 3 days apparently.

Fortunately I made a deposit with Marcus pending this account opening. I think I will leave it there!!
That was opened immediately and I deposited straight away by fast transfer.

I will also write-off my £1...

quirkydeptless

MickM wrote: »

I will also write-off my £1...

I only got as far as £1 in my account too last year, but I did close it and get my £1 back

Deelighted

ICICI very poor. I applied online 26/1 for a HISAVE Account. Still waiting for a decision after 3 emails, moving the decision date further and further into February, as they couldn't find the application reference No on file. I have now cancelled the request and signed up a second account with Tesco. Immediate set up and transfer of money to this account within 10 mins. Sorted. Bye bye ICICI

BumbagBunny

MickM wrote: »

I applied to open an account on 22nd Jan.
They set up a DD on 30th Jan.
They took the £1 on 1st Feb
They opened the account on 6th Feb.

I can't believe how slow these guys are. Still waiting on my application from the 9th Feb.

Madison

Tried to open a savings account with them and it's taken about 3 weeks and I still haven't received any log in details. They took £1.00 by DD from my current account, which I doubt I'll get refunded. I know it's a minimal amount but if they're doing it regularly, they'll be making quite a bit. I do wish this site would stop recommending such bogus companies!

davey_sprocket

MickM wrote: »

I applied to open an account on 22nd Jan.
They set up a DD on 30th Jan.
They took the £1 on 1st Feb
They opened the account on 6th Feb.
It seems that to add further money they use the Direct Debit. That won't be quick.
Not sure how they transfer withdrawals but that takes 3 days apparently.

Fortunately I made a deposit with Marcus pending this account opening. I think I will leave it there!!
That was opened immediately and I deposited straight away by fast transfer.

I will also write-off my £1...

My first post on these forums... wish I had read this thread before I applied for the ICICICICICI account as I have exactly the same experience as above.
Applied 18th Feb, finally had notification that the account is open today but I can't do a thing as I have no password to log in with and that may or may not be in the post.

Disappointed that MSE would have flagged this account up if the customer service/ website is acknowledged to be quite so dreadful!

Guess Marcus will get another customer...

redpete

Fortunately ICICI reckon the account number I gave them for the £1 DD didn't work, so not even £1 lost and looks like I've been saved from their admin pain.

eskbanker

davey_sprocket wrote: »

Disappointed that MSE would have flagged this account up if the customer service/ website is acknowledged to be quite so dreadful!

See the caveat further down the page:

This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service.

Acer321

davey_sprocket wrote: »

Guess Marcus will get another customer...

I opened a savings account with Cynergy Bank in only three days, so you might like to consider them too.