about Icesave
Icesave launched in the UK in October 2006. We are a rapidly growing online savings provider and over 200,000 savers are already seeing the clear difference saving with Icesave offers:
Simple, transparent savings accounts
We don't believe in catches or penalties. Saving with Icesave is simple and transparent which means you don't have to jump through hoops to get a high savings rate.
Don't just take our word for it though - we are consistently included in best buy tables compiled by independent experts - take a look in any national paper or online to see for yourself. We have also won, and been shortlisted for, several independent awards for the excellence of our savings accounts.
High savings rates
We don't have expensive branches to run. Instead we offer simple savings accounts, managed online, with the support of a UK based call centre. This means our costs are kept low so we can keep your savings rate high.
Once you've begun saving with Icesave you don't need to keep a watchful eye on your savings rate. Not only do we offer long term guarantees with our savings accounts but when we do change our savings rates we'll email you to let you know.
Peace of mind
We are part of Landsbanki, one of the largest quoted financial services providers in Iceland. Here are a few key facts you might like to know about Landsbanki:
- We were founded in 1886 and have been operating in the UK since 2000
- We are a large and diversified financial services provider active in retail and corporate banking, investment banking, capital markets services, asset and wealth management for private banking customers and deposit taking in over 17 countries including the UK, Ireland, USA, France, Holland, Luxembourg and Hong Kong
- We had total worldwide assets of €33.4 billion that included assets exceeding £5 billion in the UK and liquid assets of €8.9 billion (as at 31 December 2007)
- We made a stable pre-tax profit for 2007 of €520 million
- We have a liquidity and capital position amongst the strongest of any bank in Northern Europe
- We have no direct or indirect exposure to the US sub-prime mortgage market or structured credit obligations like CDO's, CLO's and SIV's
- We have strong credit ratings from the leading international ratings agencies - Moody's and Fitch
We also subscribe to the Banking Code and you can also rest assured that with Icesave you are offered the same level of financial protection as every bank in the UK. You can find our registered address and regulatory details here. All of this means that when you save with Icesave you can rest assured your savings are in a safe place.
