Chelsea Building Society Chelsea Senior Savers
Compare the Chelsea Building Society Chelsea Senior Savers with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Chelsea Building Society Chelsea Senior Savers details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Chelsea Building Society www.thechelsea.co.uk | ||
| Product: | Chelsea Senior Savers | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Regular Saver | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 2.35% AER. | ||
| Interest Rate Guarantees: | The interest rate is guaranteed no lower than 0.25% below the Bank of England base until 15th December 2010. | ||
| Application Criteria | |||
| Existing Customer Only: | no | ||
| Minimum Age: | Minimum age is 60 years. | ||
| Restricted Availability: | A minimum of 12 monthly payments must be paid into the account in each 12 month cycle. If this minimum level of payment is not made, the account will be switched to Chelsea Instant Savings, which is an instant access account. A lower rate of interest will then apply. The minimum monthly payment is £200. The maximum monthly payment is £1,000. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | Minimum investment of £200. | ||
| Maximum Investment: | Maximum investment on this account is £25000 | ||
| Minimum Balance: | The minimum balance is £200. | ||
| Monthly Minimum: | A minimum of £200 per month is required each month. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no incentives offered. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £200 2.35% 2.35% 2.35% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Passbook: | A passbook is provided. | ||
| Transactions at Branch: | Transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued quarterly. | ||
| Transactions by Phone: | Transactions cannot be made by phone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | None. | ||
| Withdrawal Conditions: | Withdrawal Conditions - None. | ||
| Fees & Charges | |||
| Withdrawal Notice: | No notice, penalty or charge applied on withdrawals. | ||
| Withdrawal Penalty: | No notice, penalty or charge applied on withdrawals. | ||
| Withdrawal Charge: | No notice, penalty or charge applied on withdrawals. | ||
| W/d Notice/Penalty/Charge: | No notice, penalty or charge applied on withdrawals. | ||
| Compare | |||
| Products: | www.thechelsea.co.uk Savings | ||
