ICICI suspend promoting account

isasmurf

ICICI have stopped marketing their savings account because they have been unindated with applications. The account is still available, but is not being actively marketed. They will go for a big push once the resources are in place to cope with the demand according to Reuters.

masonic

I wonder how much effect that would have. It won't stop the account being listed in best buy tables etc, will it? That's where most people look when they're looking for a new account to open. I'm amazed that people aren't put off by the reputation they've managed to get. I mean, it can't just be here they're being slated and I would certainly have thought twice about opening an account knowing what I now know.

Greycrow

masonic wrote:

I wonder how much effect that would have. It won't stop the account being listed in best buy tables etc, will it? That's where most people look when they're looking for a new account to open. I'm amazed that people aren't put off by the reputation they've managed to get. I mean, it can't just be here they're being slated and I would certainly have thought twice about opening an account knowing what I now know.

Absolutely, especially if their chaotic new account processing is typical of the rest of their operations.
Nice interest rate, but they scare me.