Currently with Cater Allen for my business banking but looked on the ICICI business bank homepage and they offer 2.02% on their instant access savings account. Anyone had experience of their service etc? CA provide very good service but I want to make my money earn some actual interest and I'd need to transfer all my banking over to ICICI to be eligible for the savings account...
-
-
Santander do a business reward saver at about the same.
Just looked at ICIC and first thing I see is an Indian Rupe travel card so quit at that point.'CUK forum personality of 2011 - Winner - Yes really!!!!
-
Re: Anyone had any experience with ICICI Bank business banking?
Not so - Santander is 1.5% whilst ING is 1.4%. It's not much but it adds up over the course of a year.
Sent from my Nexus 4 using Tapatalk 2Comment
-
You should check whether the bank has some sort of compensation scheme.
Cater Allen have full compensation under the FSCS so that in effect upto £85,000 is covered in full.Comment
-
Icici does offer that £85,000. A cursory glance at the website would confirm that information.Originally posted by Nixon Williams View Post
I guess if you don't put more than £85,000 in the account its a worthwhile risk for the £500 or so it would give you,.merely at clientco for the entertainmentComment
-
ICICI bank is also covered by the FSCS, so first £85k is covered.Originally posted by Nixon Williams View Post
Just looking at the figures,
The adequancy ratios for ICICI is 32.42% whereas for HSBC is 14.7%. I am not a Financial expert, but this means more security isn't it?Last edited by rd409; 11 February 2013, 10:02.Comment
-
They're an Indian bank here.
If people want to risk all their money and financial information by using an offshore outfit for a slightly higher savings percentage, that's up to them. But for me, Im out.
Remember the icelandic bank fiasco?I couldn't give two fornicators! Yes, really!
Comment
Comment