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The smart money’s on Chelsea

The smart money’s on Chelsea

Category: Savings

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

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 It is now over 6 months old so the content may be out of date.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 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 Any products featured may be withdrawn by their provider or changed at any time.