UK: High Interest Internet Savings accounts: ICICI or Icesave - any views on these banks?

I%26#039;ve heard that ICICI (a big Indian Bank) had some system problems when they set up in the UK but are now OK. Icesave (run by an Icelandic Bank) pays a slightly better interest rate, but their website is reported to be slow because of their current popularity. Any experiences (good or bad) of these banks?

UK: High Interest Internet Savings accounts: ICICI or Icesave - any views on these banks?exchange rate

ICICI bank has a financial strength rating of C- from Moody%26#039;s and a long-term foreign currency credit rating of Baa2 from Moody%26#039;s and BB+ from Standard %26amp; Poor%26#039;s.

Essentially from an investor point of view, any debt it issues is rated junk by these two ratings agencies.

For a UK bank, the FSCS provides some security (100% on first 锟?,000 and 90% on next 锟?3,000).

Personally I don%26#039;t think the extra interest is worth it, but it is up to you.

Icesave is rated A2 by Moody%26#039;s. This acceptable I think. According to its website the Icelandic deposit guarantee is worth slightly more when combined with the UK scheme.

UK: High Interest Internet Savings accounts: ICICI or Icesave - any views on these banks?

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I have only got very good experience from ICICI Bank and I have also used the Bank in India and UK. It is one of the largest private banks in India and highly techno savy