Any Canadians ever hear of Icici Bank? - GoFuckYourself.com

SmutGiant · 12-22-2004, 12:43 AM

Thinking about getting an account there, highest interest rates I've come across yet. Appearantly they're an Indian bank that provides the same type of services as ING Direct but with slightly higher interest rates. Would you trust your money to them?

http://www.icicibank.ca

azguy · 12-22-2004, 12:46 AM

I find it funny how people fall for interest rates. They only mean something to you if you're (a) lazy, (b) scared to take risks, (c) stupid. Keeping money in a bank account is pointless. At least dump it into a mutual fund if you're the lazy type, but don't let they pay you 1% (even 4%) a year... wtf is wrong with people.

GTS Mark · 12-22-2004, 12:53 AM

Check and see if they are CDIC insured, if so the government insures you up to $30,000. So if this bank closes down tomorrow and runs, you will be insured and won't lose your dinero.

DH

Relish XXX · 12-22-2004, 02:12 AM

They have a huge office in Hyde Park in London.

It is a seriously expensive area of London so if they own that building I would say they are a big company.

12-22-2004, 12:43 AM	#1
SmutGiant Confirmed User Join Date: Oct 2003 Posts: 4,895	Any Canadians ever hear of Icici Bank? Thinking about getting an account there, highest interest rates I've come across yet. Appearantly they're an Indian bank that provides the same type of services as ING Direct but with slightly higher interest rates. Would you trust your money to them? http://www.icicibank.ca Last edited by SmutGiant; 12-22-2004 at 12:46 AM..

12-22-2004, 02:12 AM	#4
Relish XXX Confirmed User Join Date: Dec 2004 Location: www.adultlabel.com Posts: 4,904	They have a huge office in Hyde Park in London. It is a seriously expensive area of London so if they own that building I would say they are a big company. __________________

12-22-2004, 12:46 AM	#2
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	I find it funny how people fall for interest rates. They only mean something to you if you're (a) lazy, (b) scared to take risks, (c) stupid. Keeping money in a bank account is pointless. At least dump it into a mutual fund if you're the lazy type, but don't let they pay you 1% (even 4%) a year... wtf is wrong with people.

12-22-2004, 12:53 AM	#3
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	Check and see if they are CDIC insured, if so the government insures you up to $30,000. So if this bank closes down tomorrow and runs, you will be insured and won't lose your dinero. DH