Help Please

Martiand

I am looking to Invest £3000 in a fixed rate bond for a year. But I am unsure which one to use. Bradford & Bingley offer one at a rate of 6.2% which looks ideal, but ICESAVE offers a real competitive rate of 6.73% but Im concerned as their seems to be real mixed reviews. Can anyone help? or advise me?

Many Thanks

Andy

Dan29

I'm just about to open one with ICICI paying 6.85%.

chesky369

What are the mixed reviews of ICEsave - I think you will find that most people involved with them are pretty happy with them.

10_66

I've had an account with them for quite a while now and haven't had any problems at all with them.

Martiand

chesky369 wrote: »

What are the mixed reviews of ICEsave - I think you will find that most people involved with them are pretty happy with them.

I've heard that people have had the wrong interest paid or recieved really bad customer service, I sort of came to the conclusion that if everyone here was a-ok with them then I would be. What are ICICI like?

chesky369

I think you have them round the wrong way - loads of problems with ICICI (although I think they may have improved) but absolutely none with ICEsave. There have been threads with people asking specifically about these two accounts and by and large ICEsave comes out ahead - but ICICI's rates are better at the moment.

getthemax

Icesave have been first class. I've been a member since they've started in the UK. ICICI are a shambles judging by the majority of comments on this forum,

Dan29

Another option if you don't fancy ICICI would be Anglo Irish 6.75%.

notis7

I would be very weary about investing with any Icelandic based provider - they are finding it very difficult at the moment with the liquidity crisis. I know this for a fact.

chesky369

"I know this for a fact"

and you are?