Increase your options

A Chelsea Building Society product story

Edited by the Insidemoneytalk editorial team Dec 6, 2007

Chelsea Building Society has launched a new range of Fixed Rate Options.

The range includes a new 1 Year, 2 Year and ClicknSave Fixed Rate Option effective from Wednesday 7 March 2007.

The current 1 Year Fixed Rate Option (25th Issue), 2 Year Fixed Rate Option (25th Issue), 3 Year Fixed Rate Option (12th Issue), 4 Year Fixed Rate Option (2nd Issue), 5 Year Fixed Rate Option (1st Issue) and ClicknSave Fixed Rate Option (14th Issue) are being withdrawn at close of business on Tuesday 6 March 2007.

For all options, annual interest is first paid on 1 March 2008 and annually thereafter.

A monthly interest option is also available if required.

Withdrawals made before the end of each fixed rate period will be subject to a penalty equivalent to 90 days' loss of interest on the amount withdrawn1.

After the fixed rate period, immediate penalty free withdrawals are permitted.

To find out more about Chelsea savings accounts or interest rates contact Chelsea at your local branch, visit www.thechelsea.co.uk or call the savings helpline on 0845 744 6622.

Calls may be recorded and/or monitored for security, training and customer service purposes.

- Ends - 05 March 2007.