Chelsea Building Society: Let's celebrate 30!

A Chelsea Building Society product story

Edited by the Insidemoneytalk editorial team Jul 18, 2007

30 years ago we first felt the force of Star Wars in our cinemas

30 years ago SKATEBOARDS rolled in to our lives as the must have craze 30 years ago JOHN TRAVOLTA danced his way into fashion history with his white polyester trousers 30 years ago ABBA had another No 1 hit with 'Knowing me Knowing you' Chelsea, the UK's 6th largest building society also has a reason to celebrate all things 30 with the launch of its Call Direct 30 (2nd Issue).

"This product offers a fantastic rate of interest and combined with the great guarantees shows once again that Chelsea is committed to offering its members competitive and market leading accounts" said Jenny Hudd Savings Marketing Manager.

Key details of this account which is launched on 18 July 2007 are:- Account name Minimum opening investment AER Gross pa* Net pa* Gross pa* Net pa* AER Call Direct 30 (2nd Issue) £250 (max £250,000) ** 6.25% 5.00% 6.08% 4.86% 6.25% The interest rate is guaranteed to be no lower than the Bank of England base rate for the first year of saving THEN guaranteed to be no lower than 0.25% below Bank of England base rate until 15 January 2009.

From 18 July 2007 to 15 January 2009 withdrawals can be made penalty free with 30 days' prior notice.

Within this period, notice free withdrawals are subject to a penalty equivalent to 30 days' loss of interest on the amount withdrawn.

First annual interest payment date is 1 June 2008, then annually thereafter.

To find out more about Call Direct 30 (2nd Issue), visit us at your local Chelsea branch, visit www.thechelsea.co.uk or call the savings information line on 0800 432 0088.