BoI/ICS Reduce Legacy and Current Deposit rates

[Lightning]

BoI/ICS have reduced their deposit rates for legacy accounts and current accounts.

[broken link removed]

[broken link removed]

If you have one of these accounts, which all pay low rates, you are best off switching.

 

[Renter7]

Thank CiaranT,

I see ICS's "High" interest notice 1 month account is now paying 0.01%

 

[leroy67]

Mr Boucher has to get paid someway !!!!!!!!!!

 

[Lightning]

I see ICS's "High" interest notice 1 month account is now paying 0.01%

Yeah, unbelievable that BoI/ICS can continue to call an account "high rate" when it pays 0.01%. If that isn't misleading then I don't know what is.

 

[PolkaDot]

I have a Dualsaver account, which is also a pain in the a$$ to withdraw from cause I have to send or drop written notice into the bank. Closing it very soon.

It's a bit ridiculous that in this day and age BOI don't provide an online access savings account which is either instant access or shorter notice period than 30 days.

Jokers