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

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TFSA available at ICICI 3.0%
January 22, 2009
11:38 am
iflo
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No fees, no minimums

January 22, 2009
12:14 pm
Peter
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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?

February 4, 2009
12:19 pm
jeremywong
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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.

February 4, 2009
1:44 pm
Max
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ICICI has always been a problem when you want to open a GIC or do anything other than use their HiSave account.

The day you become free is the day you work for fun.

February 5, 2009
8:53 am
jeremywong
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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.
February 5, 2009
8:57 am
financier
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yes ICICI is really poor customer service and they charge lots of hidden fee and never reveal until you withdraw, so be careful

February 11, 2009
11:48 pm
Jeff
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Again not true. I recently put money in their Hi-Save account then removed $5k for the new TFSA = no fees.

February 12, 2009
7:50 am
Craig
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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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