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Chorley & District BS launches variable bonds

Chorley & District BS launches variable bonds

Category: Savings

Updated: 17/12/2012
First Published: 13/12/2012

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 It is now over 6 months old so the content may be out of date.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 issued a two-year variable bond offering a competitive rate and flexibility with accessing funds.

The basics…..

This account pays an annual rate of 2.80% for deposits between £150,000 and £350,000, 2.75% for investments between £85,000 and £149,999 and 2.70% for deposits ranging from £1,000 to £84,999.

The finer details….

Further additions are not allowed, although one notice and penalty-free withdrawal is permitted during the two-year term.

A separate account must be opened to deal with savings proceeds upon maturity.

Savers must be aged 18 and over to operate the account in branch or by post.

Why we like it….

This variable bond offers a range of competitive rates for savers with larger deposits and has been awarded four out of five Moneyfacts stars.

What next?

Find the best 2 year fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.