Write a review

iFAST Global Bank: Fixed Term Deposit reviews

Name: Fixed Term Deposit
Rating: 4.89 (142 reviews)

View other iFAST Global Bank products

4.88

Based on 142 reviews, last reviewed 6th Feb 2025

12700% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

89%

10%

2 star

1 star

Latest highest rating:

5

User-friendly, rate-friendly, easy to use User-friendly, rate-friendly, easy to use Reviewed on: 6th February 2025

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.

Read all reviews Write a review

About this product

Are you planning for a stable financial future? Choosing the right fixed-term savings option is crucial. Explore iFAST Global Bank's fixed-term deposit account reviews to understand if it aligns with your financial goals.

iFAST Global Bank offers a fixed-term deposit account, allowing you to grow your savings securely with competitive interest rates. Ensure you're familiar with the terms and conditions before committing. For uncertainties, consult directly with the bank or seek independent financial advice.

Interested in iFAST's fixed-term deposits? Discover insights through customer reviews on Smart Money People. Learn why customers iFAST for their savings, their satisfaction levels, and the support received during their investment term. All this information is available in our reviews.

If you've invested in an iFAST fixed-term deposit, sharing your experience can guide potential savers. Discuss your chosen product, satisfaction levels, and if iFAST met your expectations compared to other banks. Highlight how the bank communicates important updates and whether you'd recommend iFAST to others.

Leave a Smart Money People review today to help increase trust and transparency in financial services.

Review iFAST Global Bank: Fixed Term Deposit now

Help others make smarter decisions by sharing your own experience.

Write a review

iFAST Global Bank Fixed Term Deposit reviews (142)

The bank offers good rate for opening a FT deposit a...

The bank offers good rate for opening a FT deposit account. Reviewed on: 3rd February 2025

iFast provide me a platform to offer a flexible fix...

iFast provide me a platform to offer a flexible fix deposit plan outside my home town, it easy and flexible. Reviewed on: 3rd February 2025

Effective and efficient.

Effective and efficient. Informative. Reviewed on: 3rd February 2025

Couldn't be more convenient: ONE card for the world!

Couldn't be more convenient to use only one card to travel around the world! I don't need to worry about how I should prepare different currencies and cash for different countries anymore, the transfer rate and calculation are all done automatically! The savings plan from the savings account is also so beneficial that I could have extra earnings and bonus income just by putting my fixed assets in the account. It's a card with FULL potential! Reviewed on: 3rd February 2025

It was easy to use, with good interest rate and fixe...

It was easy to use, with good interest rate and fixed deposit period to choose from, quite straighforward and easy to use. Reviewed on: 3rd February 2025

We are delighted to nominate iFAST Global Bank for t...

We are delighted to nominate iFAST Global Bank for the British Bank Awards 2025. iFAST has proven itself as a standout institution with its seamless setup process and user-friendly website interface. The ease of setting up accounts coupled with the intuitive website design makes iFAST a top choice for customers seeking a hassle-free banking experience. As customers, we value the importance of convenience and accessibility in our banking services, and iFAST delivers on these fronts flawlessly. Smart Money People's commitment to gathering unbiased customer feedback ensures that the British Bank Awards truly reflect customer satisfaction and excellence in banking. Winning these awards would be a testament to iFAST's dedication to providing exceptional service and would solidify its position as a leader in the industry. We wholeheartedly support iFAST Global Bank in their quest for recognition at the British Bank Awards 2025 Reviewed on: 3rd February 2025

The transaction fees is fair, providing up-to-date r...

The transaction fees is fair, providing up-to-date rate to customer. Always customer-based service. Reviewed on: 3rd February 2025

Unreasonable Transfer Limits and Delays

Unreasonable Transfer Limits and Delays iFAST Global Bank has frustrating transfer limits. The daily limit starts at just £5,000, and even if you have £50,000 deposited, the maximum daily transfer is only £25,000. This is the first major issue. While higher transfer limits can be requested, the approval process is a nightmare. When I applied for a large transfer, I was asked to submit a pile of documents. I understand that compliance and anti-money laundering checks are necessary, but as a customer, I trusted iFAST enough to deposit a significant amount of money. When I needed to withdraw, instead of trusting their customer and sending the money first—while handling the checks later—they delayed my transfer for two full days for review before finally processing it. At the time, I urgently needed to deposit funds into IBKR to short NVIDIA. Because they didn't process my transfer immediately, the delay caused my funds to arrive late, and I missed my opportunity to profit. This experience was extremely frustrating. Reviewed on: 2nd February 2025

Get reply promptly.

Get reply promptly. Get assistance from same language staff. Reviewed on: 2nd February 2025

Impressive self service

I experienced very efficient gathering of FTD interest rate information, immediately placing my best shot of FTD online, set and go, full information was subsequently emailed to me without any problem. Reviewed on: 2nd February 2025

Do you have a different iFAST Global Bank product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Alternative products

Savings
from Capital Credit Union 4.94 from 437 reviews
Savings accounts
from Oxbury Bank 4.37 from 3 reviews
Customer Saver
from Bank of Ireland 5.00 from 2 reviews

There's still more to see!

iFAST Global Bank has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub