Top tracker bond launched by Chorley & District BS - Savings - News - Moneyfacts

News

Top tracker bond launched by Chorley & District BS

Top tracker bond launched by Chorley & District BS

Category: Savings

Updated: 18/09/2012
First Published: 18/09/2012

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 It is now over 6 months old so the content may be out of date.

Chorley & District Building Society has launched a variable one year tracker bond, paying a market leading rate of 3.25%.

The basics…

The 1 Year Tracker Bond (Issue 2) pays an annual rate of 3.25% to savers with investments between £1,000 and £350,000. The rate is guaranteed to be 2.75% above base rate.

The finer details….

Further additions and early access are not permitted. A nominated account must be opened alongside the bond to handle maturity proceeds. The account can be operated in branch and by post and savers must be aged 18 and over.

Why we like it…

This tracker bond pays a highly competitive rate and as a result has been awarded four out of five Moneyfacts stars.

What Next?

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.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