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Product category: Savings and investment
News Release from: Chelsea Building Society | Subject: Investments
Edited by the Insidemoneytalk Editorial Team on 01 October 2007

Double your reason to save at Chelsea

From Saturday 29 September 2007 there are twice as many reasons to open a savings account with Chelsea, the UK's fifth largest building society.

Chelsea is launching a new competitive branch based account, Double Guarantee (2nd Issue) which offers not just one guarantee but two! Chelsea also announces the withdrawal of its Bonus Savings account with effect from the close of business on Friday 28 September Double Guarantee (2nd Issue) guarantees to be at least 0.25% above the Bank of England Base Rate until 15 October 2008

From 16 October 2008, the interest rate is guaranteed to be at least the same as the Bank of England Base Rate up to and including 15 October 2009.

The account carries two guarantees: Guarantee 1 - gross annual interest rate to be at least 0.25% above the Bank of England Base Rate up to and including 15 October 2008 Guarantee 2 - from 16 October 2008, gross annual rate to be at least the same as the Bank of England Base Rate up to and including 15 October 2009 From 16 October 2009, the interest rate will be guaranteed to be at least the same as our Branch Instant account.

First annual interest payment date is 1 October 2008 and annually thereafter.

A monthly interest option is also available.

To find out more about Chelsea Double Guarantee (2nd Issue), visit your local Chelsea branch, visit www.thechelsea.co.uk or call the Savings Helpline on 0800 272 505.

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

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