7.2% AER Fixed on your Savings

By Daniel Calloway
Published on 14 Aug 2008
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7.2% AER Fixed on your Savings
7.2% AER Fixed on your Savings ExpiryMoney Saving Tip
Type: Rate
Expiry: 14th Sep 2008 (Expired)

Get 7.2% AER on your savings guaranteed for 12 months with ICICI Banks's HiSave account.

What's the deal? 

ICICI Bank are offering 7.2% AER on their HiSave 1 Year Fixed Rate account. This is the highest rate currently available for a 1 year fixed rate savings account, giving you the chance to guarantee a market leading return on your savings for the next 12 months. 

You can invest from £1,000 and manage your account over the internet or via telephone. 

How do I benefit?

To take advantage of this 1 year fixed term rate simply visit the ICICI Bank website and complete the HiSave online application form. ICICI Bank will then send you a verification email to the address you provide within 2 working days. 

After you receive this confirmation email you will need to forward them a cheque for the total amount you'd like to save.  Once this has cleared ICICI Bank will open the account for you.

Expiry

Funds in your HiSave account will attract the 7.2% rate for 12 months from the date of opening.

Conditions

You must be a UK resident, over the age of 18, and hold a UK based current account with a direct debit facility to be eligible for an account.

It is important to bear in mind that as this is a fixed term account you won't be able to draw on your savings during the 12 month term.

Compare savings accounts via money.co.uk

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Comments (3)

Any opinions expressed below are solely those held by individual users and are not in any way endorsed by, or representative of those held by Money.co.uk. We accept no responsibility or liability for the accuracy or content of any material submitted and maintain the right to publish, remove or edit it as we see fit.
margaret fennelly
16th Aug 2008 19:48
pleased to receive this info re,ICICIBank
El Jefe
17th Aug 2008 03:02
Wish you'd let us Yanks in on this one!!! Rates are abysmal here.
michael parker
1st Sep 2008 09:22
my wife is a non tax payer,can we open this in joint names,and can the intrest be paid monthy into our current a/c ?

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