TFSA available at ICICI 3.0% | ICICI Bank | Discussion forum

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TFSA available at ICICI 3.0%  

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UserPost

11:38 am
January 22, 2009


iflo

Guest

No fees, no minimums

12:14 pm
January 22, 2009


Peter

Admin

posts 338

Thanks for the heads up. I've added this to the chart. What about fees for transferring from the ICICI TFSA to a different institution's TFSA?

12:19 pm
February 4, 2009


jeremywong

Member

posts 100

It's only a matter of time before the TFSA rate drops to the savings account rate (2.5%), which is the trend for all the banks. By the way, you can't open a TFSA online at ICICI like you can at ING and PCF.

1:44 pm
February 4, 2009


Max

Member

posts 111

ICICI has always been a problem when you want to open a GIC or do anything other than use their HiSave account.

My mattress is far more comfy with all my money under it.

8:53 am
February 5, 2009


jeremywong

Member

posts 100

Max said:

ICICI has always been a problem when you want to open a GIC…


Not true! Opening a term deposit (GIC) account can be done online easily. ICICI Bank is the best place for GICs because they pay almost the highest interest.

8:57 am
February 5, 2009


financier

Guest

yes ICICI is really poor customer service and they charge lots of hidden fee and never reveal until you withdraw, so be careful

11:48 pm
February 11, 2009


Jeff

Guest

Again not true. I recently put money in their Hi-Save account then removed $5k for the new TFSA = no fees.

7:50 am
February 12, 2009


Craig

Guest

ICICI doesn't charge fees to use its Hi-Save savings account (including bank transfers). All banks will charge a fee to transfer-out a TFSA or an RRSP.

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TFSA available at ICICI 3.0%

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