Chelsea BS is causing a stir amongst the over 50's with the launch of a new market leading savings account.
Giving a makeover to the Senior Savers account, the newly named Over 50's Instant account sees the minimum age reduced to 50 and the maximum investment increased to £50K.
It is now also a pure instant access account, while the improved monthly interest rate of 2.47% beats all comers in the over 50's market. It's none too shabby when compared with the overall easy access account market either.
The excellent rate without relying on a bonus also makes ait ideal for those not keen on constantly moving their money around.
Its all round improvement earns the account four out of five Moneyfacts stars.
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