savings account holding page
savings account holding page

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savings account holding page

We have two options for you to choose from depending on the amount you wish to save and whether you are happy to tie the money up for a period of time:

  ICICI Fixed Rate Account
Notice Period Varies - minimum 6 months. See below for full details
Min. Investment £1,000
Interest Rate Benefit from a high fixed interest rate on your savings which varies:
2.00% AER for 6 months
3.45% AER for 12 months
3.60% AER for 18 months
4.35% AER for 24 months
4.60% AER for 36 months
Interest Paid Choose when you receive your interest – monthly (on the last day of every month, if the last day is not a working day, then the next working day of the following month) or annually (on the anniversary of account opening). If you choose to receive interest annually, interest is paid at maturity on accounts with a term of less than 1 year. Interest is paid annually on all other terms
Other Features Save a lump sum of at least £1,000 (no maximum) - You must be able to save at least £1,000 for the term of your choice
No additional deposits, withdrawals or early closures can be made during the fixed term.
Relax in the knowledge your interest rate won’t change during the term – no matter what happens to Base Rate
A member of the UK Financial Services Compensation Scheme
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AER means "annual equivalent rate" and is a notional rate which illustrates the gross interest rate as if paid and compounded on a monthly or annual basis whichever is applicable to the account.

Whichever you chose you will need:
- to be aged at least 18 years of age and a permanent UK resident;
- your current account number and sort code.