IKANO Bank

They have one of the highest 1yr Fixed Rate accounts now the others are dropping off slightly, not heard much talk about this bank though?  Any experiences with them?

Comments

  • duckson
    duckson Posts: 72 Forumite
    Fifth Anniversary 10 Posts
    Was just going to ask the same question!

    Signed up to the one year yesterday, waiting for a welcome letter with the user id so I can login but they have given account info so money can be transferred now if desired. 14 days to fund so plenty of time once the PB's I've cashed in get paid to me on the 15th Nov.

    Will report back once i get the welcome letter......
    Cheers, Stu
  • refluxer
    refluxer Posts: 3,129 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 11 November 2022 at 10:03AM
    Just for info - their one-year fixed rate saver is no longer available...

    "This Account 'Fixed 1 Year Saver Account' Is Now Fully Funded And Closed To New Applications."
  • Well there goes that then!   I missed the boat on all the higher rates, was waiting for more movement upwards and then it all started moving downwards! Teaches me!
  • refluxer said:
    Just for info - their one-year fixed rate saver is no longer available...

    "This Account 'Fixed 1 Year Saver Account' Is Now Fully Funded And Closed To New Applications."
    Looks like i got in by the skin of my teeth! 
    Cheers, Stu
  • They have one of the highest 1yr Fixed Rate accounts now the others are dropping off slightly, not heard much talk about this bank though?  Any experiences with them?
    Yes I had a few fixed rate bonds with them a couple of years ago.  No problems whatsover.  
  • soulsaver
    soulsaver Posts: 6,492 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well there goes that then!   I missed the boat on all the higher rates, was waiting for more movement upwards and then it all started moving downwards! Teaches me!
    RCI 4.85% for 2 year is still available, I've just opened it 11.00am  - 14 day funding window , see where things go for a week or so.
  • soulsaver said:
    Well there goes that then!   I missed the boat on all the higher rates, was waiting for more movement upwards and then it all started moving downwards! Teaches me!
    RCI 4.85% for 2 year is still available, I've just opened it 11.00am  - 14 day funding window , see where things go for a week or so.
    Same here. Also Ford 4.45 1 Yr and Close 5.05 5 yr. Will see how things go during funding windows to determine proportion in each.
    16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter. Installed 29/9/2015 - £4700 (Norfolk Solar Together Scheme); 9.6kWh US2000C Pylontech batteries + Solis Inverter installed 12/4/2022 Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh:Average over 6 years = 4400 :j
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