The smart money’s on Chelsea - Savings - News - Moneyfacts

News

The smart money’s on Chelsea

The smart money’s on Chelsea

Category: Savings

Updated: 16/04/2009
First Published: 16/04/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Chelsea BS has added to its notice account portfolio with the Bonus 60.

The product is a 60 day notice account that pays 2.65% yearly (2.62% monthly) on a minimum investment of just £1.

The competitive rate, which sits just below the market leaders, includes a 1.00% bonus for the first year. Early access is subject to 60 days' loss of interest.

After one year withdrawals become instant access, meaning moving funds after the bonus period will be penalty free.

Investors will need to review their finances after 12 months, however, to ensure they continue to receive a competitive rate.

The product has been awarded four out of five Moneyfacts stars.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!
 
Close