For when choosing the right account gets too tough.
An account offering annual or monthly interest and access subject to 60 days' notice or loss of interest.
Gross rate is the interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.
AER stands for Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.
† If a withdrawal is made without notice an equivalent of 60 days' loss of interest on the amount withdrawn will be applied. If the interest accrued on the date of withdrawal is insufficient to meet the loss of interest, this will be deducted from the account balance. This means that you would not get back the original money deposited. Please bear this in mind when requesting or making a withdrawal without prior notice.
The product terms should be read with the Standard Terms and Conditions (Standard Terms). Together the Product Terms and Standard Terms explain how your account works.
It is important that you read all the terms applicable before you decide whether to open this account.
Read and print the Standard Terms and conditions for this account.
| Summary Box Key Product Information for our Savings Account | |
|---|---|
| Account Name | Chelsea 60 Day Notice |
| Interest rates (AERs) | See interest rate |
| Tax Status | Gross or net |
| Conditions for bonus payment | N/A |
| Withdrawal arrangements | Withdrawals with 60 days' prior written notice or instant access subject to an equivalent of 60 days' loss of interest on the amount withdrawn |
| Access | Branch or post |
Net: Interest on investments and savings amounts is payable net of income tax, which means after the deduction of income tax at the lower rate of 20%, or subject to the required registration gross.
Whether you can benefit from gross, net or tax free interest is dependent on your own personal circumstances and tax status and so may be subject to change in the future.
This savings account can be operated in various ways and can be opened at a branch or via the post.
Note: When applying for an account you will need to verify your identity and address. Check our verify your identity and address section for more details of what you may need to take with you.
Chelsea Building Society and the Chelsea are trading names of Yorkshire Building Society. Principal office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ. Yorkshire Building Society is a member of the Building Societies Association and is authorised and regulated by the Financial Services Authority. It is entered in the FSA register and our FSA registration number is 106085.
This site is intended for UK Residents unless otherwise stated. All communications with us may be monitored/recorded to improve the quality of our service and for your protection and security.
Charges to 0845 numbers may vary. Prices can be checked with your phone provider. Mobile calls usually cost more.
Get in touch with us:
