Chelsea savings rate change

1 August 2007

Following the recent Bank of England Base Rate change on 5 July 2007, Chelsea Building Society has announced interest rate changes to the following accounts. All changes take effect from 4 August 2007.

Find out what the current rates are.

Each product has its own specified minimum balance below which the terms may provide for no interest to be earned. Please see product terms for details.

Rates for accounts no longer available to new investors can be found by contacting your local Chelsea branch or by calling the Savings Helpline on 08457 446622. Calls may be recorded and/or monitored for security, training and customer service purposes.

Notes

  1. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. Withdrawals and date of account opening may affect the AER
  2. Gross/net: Net interest equals gross interest less income tax at the rate specified by law
  3. Chelsea Building Society introduces to the Norwich Union Marketing Group (NUMG) for life assurance, pensions and investments. Chelsea and members of NUMG are authorised and regulated by the Financial Services Authority
  4. Chelsea is the UK’s 6th largest building society with assets of £11bn

This page must be read in conjunction with the Information for Chelsea savers page.

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