Habib Bank Zurich

zilla6

MSE best savings is now showing Habib Bank Zurich @ 5.75% for 6 month, but when I go to the bank webpage, it is only 5.30 % for 6 month. Seems like the MSE rate is wrong????

refluxer

Yes, it looks like the account has been withdrawn (or a new issue released with a reduced rate) and the MSE table hasn't been updated yet.

Similar thread here...

https://forums.moneysavingexpert.com/discussion/6483842/6-month-fixed-bond-with-habib-zurich-5-75-aer#latest

Albermarle

zilla6 said:

MSE best savings is now showing Habib Bank Zurich @ 5.75% for 6 month, but when I go to the bank webpage, it is only 5.30 % for 6 month. Seems like the MSE rate is wrong????

MSE is a free service and as such does not guarantee the accuracy of any info. 

zilla6

I see MSE has now removed it from their page!

Trackeruser

I opened a 1 year bond with Habib on the basis of their listing on the MSE website. 

I was unable to register and view my account, although I followed the instructions in the welcome email I received. 

So I phoned Habib, and it was explained that it isn't possible to view my account - I would need to send an email each time I needed information.  

So there is no way of viewing the total in the account, deposits, nor interest accrued.  

This is wholly unsatisfactory, and I have therefore decided to withdraw the amount I have deposited and to close my account.

refluxer

Trackeruser said:

I opened a 1 year bond with Habib on the basis of their listing on the MSE website. 

I was unable to register and view my account, although I followed the instructions in the welcome email I received. 

So I phoned Habib, and it was explained that it isn't possible to view my account - I would need to send an email each time I needed information.  

So there is no way of viewing the total in the account, deposits, nor interest accrued.  

This is wholly unsatisfactory, and I have therefore decided to withdraw the amount I have deposited and to close my account.

You need a current account with Habib Bank in order to be able to access online banking and see the balance of a fixed rate account.

From the T&Cs...

"You can give us instructions in relation to your account in writing signed by you, by post or by visiting our branch. If you give us an instruction by telephone or email, we will ask you for signed written confirmation.   

We do not offer an online banking facility for the Fixed Term Deposit. However, as a current account customer you will be able to view your balance and make payments using your login details."