HiSAVE Fixed Rate Accounts
up to 4.60% AER

  • Best 2 and 3 years
    Fixed Rate Bond from £ 1000,
    March 2010, Moneysupermarket.com

 

 

 

 

 

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Peace of mind for your finances

  • Choose a term from 6 months, 1 Year, 18 months, 2, 3 or 4 years
  • Invest a minimum lump sum deposit of £1,000 (no maximum)
  • Select either monthly or annual interest payment
  • Relax in the knowledge that your interest rates won’t change
  • No additional deposits, withdrawals or early closures can be made during the fixed term.
  • Simplify your savings by selecting our optional 'auto-renewal' feature.
    • At the end of your term this feature automatically reinvests your Fixed Rate Account into another Fixed Rate Account of the same term at the prevailing rate
  • If you don’t, on maturity we’ll pay the proceeds of your HiSAVE Fixed Rate Account to a HiSAVE Savings Account
    • Please note:
      If you do not already have a HiSAVE Savings Account we will open one on your behalf. (?)

Read the terms and conditions

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Term % AER % Gross % Net Tax Free
6 months 2.00% 1.99% 1.59% 1.99%
1 Year 3.15% 3.15% 2.52% 3.15%
18 months 3.60% 3.60% 2.88% 3.60%
2 Years 4.10% 4.10% 3.28% 4.10%
3 Years 4.60% 4.60% 3.68% 4.60%
4 Years 4.50% 4.50% 3.60% 4.50%
We also offer monthly interest Apply now
Annual Equivalent Rate (AER)
This is a notional rate. It shows the gross interest rate if interest was paid and compounded on an annual basis.

Gross rate
Interest earned before the deduction of the basic tax rate (currently 20%).

Net rate
Interest earned after the deduction of the basic tax rate (currently 20%).
 
Term % AER % Gross % Net Tax Free
6 months 2.00% 1.99% 1.59% 1.99%
1 Year 3.15% 3.11% 2.49% 3.11%
18 months 3.60% 3.55% 2.84% 3.55%
2 Years 4.10% 4.03% 3.22% 4.03%
3 Years 4.60% 4.51% 3.61% 4.51%
4 Years 4.50% 4.41% 3.53% 4.41%
We also offer annual interest Apply now
Annual Equivalent Rate (AER)
This is a notional rate. It shows the gross interest rate if interest was paid and compounded on an annual basis.

Gross rate
Interest earned before the deduction of the basic tax rate (currently 20%).

Net rate
Interest earned after the deduction of the basic tax rate (currently 20%).
 
Annual Equivalent Rate (AER)
This is a notional rate. It shows the gross interest rate if interest was paid and compounded on an annual basis.

Gross rate
Interest earned before the deduction of the basic tax rate (currently 20%).

Net rate
Interest earned after the deduction of the basic tax rate (currently 20%).
 
Key product information for HiSAVE Fixed Rate Accounts  
Account Name HiSAVE Fixed Rate Accounts: 6 months, 1 Year, 18 months, 2, 3 or 4 year terms Apply now
Interest rates View our monthly interest rates
View our annual interest rates
How is interest calculated? Interest is calculated on a daily basis on the total balance in your account at the relevant gross rate.
How is interest paid? Interest can be paid monthly (on the last day of each month, if the last day is not a working day, we will pay the interest on the next working day) or annually (on the anniversary of account opening). Please note annual interest is replaced with interest at maturity for terms of 1 year or less.
Tax on interest Interest is paid net (i.e. taxed) unless you register for Gross Interest.
Conditions for bonus payable Not applicable
Withdrawals No withdrawals can be made during the fixed term
Access Applications - new customers please Apply online - It will take around 10 minutes.
Applications - existing customers: please log in and click ‘Apply for a HiSAVE Fixed Rate Account’. Or, call us on Call us on 080 81 31 41 51 (freephone from UK landline).
Management: accounts are managed online.

  • Save with confidence

    Our capital adequacy ratio is considerably higher than the international standard and UK benchmark.

    Find out more

  • Calculate your interest

    Enter how much you want to save, choose a time period and see how much interest you can earn.

    Launch saving calculator

  • We’re here to help

    Call us anytime, day or night, on
    080 81 31 41 51 (freephone from UK landline).

    Contact us

Savings calculator

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How much do you want to save?

GBP (£)  The calculation assumes this isn’t a leap year and calculates your Gross interest.
The minimum investment required is GBP 1,000

How long do you want to save for?

Monthly :
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OR
Yearly:

Compare with another interest rate

The pre-filled interest rate is the current Bank of England Base Rate. You can over-write the pre-filled interest rate.
% gross Whats this? Gross shows the interest earned before the deduction of the basic tax rate (currently 20%).
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How much do you want to save?

GBP (£)  The calculation assumes this isn’t a leap year and you have not added or withdrawn funds in the selected timescale.

How long do you want to save for?

Calculate

Compare with another interest rate

The pre-filled interest rate is the current Bank of England Base Rate. You can over-write the pre-filled interest rate.
% AER Whats this? AER This is the notional rate for savings accounts. It shows the gross interest rate if interest was paid and compounded on an annual basis.
Compare
Initial amount Interest earned Grand total
Use this calculator to work out how much your savings would earn with an ICICI Bank HiSAVE Savings Account. You can also compare our interest rates with other banks’ interest rates.
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