Icesave Reviews

Icesave have frozen my cash! (788 words)
by - written on 09/10/08 (Very useful, 216 readings)
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Icesave was once a relatively obscure Icelandic bank offering a High Interest Account and a Cash ISA with a better than average savings rate. Now thousands more people are aware of the Icesave name - unfortunately that's because the bank has come crashing down in a dramatic fashion, freezing all the accounts and the money in them! I know the bank ...  Read the complete review

Icesave (182 words)
by Lawrence Randall-Kattner - written on 16/08/08
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I recently opened up both a savings account and an ISA, both took a week to get up and running including the initial transfer of funds. Beware though once you have the account(s) you need to log into Icesave to initiate any further transactions both into and out of the accounts. These have to be set up with 3-4 workings days ahead of when you ...  Read the complete review

Icesave: Takes a long time to open an account ** UPDATED OCT 08 ** (613 words)
by - written on 12/08/08 (Very useful, 61 readings)
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**** UPDATE 9.10.08 *** =================== As you might be aware, IceSave has been declared as insolvent in the UK in October 2008. Read my review below as there are a few warning signs that perhaps I hadn't quite noticed, such as difficulty in opening an account. IceSave are not fully covered by the FSCS ...  Read the complete review

a new company on the block (207 words)
by - written on 16/07/08 (Useful, 50 readings)
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I have held an internet ISA with icesave for over a year and I am very impressed with how they have built up their business. At the time they were offering the best interest rate on an online instant access isa. i think this has now been taken over by the sainsburys internet isa but you still get over 6% annual interest and it guarantees to beat ...  Read the complete review

Express Review on Icesave
by Bob - written on 27/03/08
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Icesave - I have been trying to open a basic cash ISA with Icesave since 2nd. February this year before the April 5th deadline. Despite completing the relevant on-line form and subsequently numerous reminder emails to them and despite their automated responses - NOTHING.
Poor communications and a very, very poor service, in my honest opinion.
Imagine trying to get a response from them after successfully opening an account!!!!

Guaranteed High Interest til Oct 2009 (298 words)
by - written on 09/07/07 (Useful, 751 readings)
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With the amount of competition in todays market it is increasingly hard to keep track of where to put your hard earned cash. In the last few years many foreign banks have been trying to get into the UK market. Dutch bank ING brought us a straightforward simple to use account then Indian bank ICICI offered better rates and now Icelands ...  Read the complete review