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Chelsea launches over 50s Cash ISA

Chelsea launches over 50s Cash ISA

Category: Savings

Updated: 02/10/2009
First Published: 02/10/2009

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 It is now over 6 months old so the content may be out of date.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 an over 50s Cash ISA, which is aimed at those eligible for the extra tax free allowance from 6 October.

This instant access account pays a monthly rate of 2.72% on a minimum investment of £5.1K. A minimum investment of £10K pays 3.25%. Transfers in are accepted and transfers out are without penalty.

The offer is open to those born before 6.4.60.

The straight forward instant access account should prove popular and 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 Any products featured may be withdrawn by their provider or changed at any time.