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Chelsea BS chalks up new cash ISA

Chelsea BS chalks up new cash ISA

Category: Savings

Updated: 25/01/2011
First Published: 12/01/2011

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 It is now over 6 months old so the content may be out of date.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 launched a medium term fixed rate cash ISA offering savers an investment period of just over three years.

Paying 4.00%, it is a market leader when compared against similar terms and should appeal to savers looking to either transfer previous years' ISA allowances or to invest this year's subscription.

The flexibility to add next year's allowance, even after the product has been withdrawn, increases its appeal, as does the ability to close the account early, albeit on 180 days' loss of interest.

Four out of five Moneyfacts stars have been awarded.

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