Fixed Rate e-Bond to 31/05/2015

An e-Bond is available to UK residents only. One account per customer, available as a single or joint account for 16 years of age and over.

1. The minimum initial deposit is £1,000.
2. The maximum amount you can deposit is £2 million for any bond where the term is 2 years or over.
3. Your initial deposit can be made by debit card, transfer from another bank or building society account, or transfer from another account held with the Chelsea (or by cheque if your identity cannot be verified electronically during the application process).
4. We do not accept Postal Orders
5. Additional deposits (minimum amount £1) must be transfers, either from another bank or building society account, e.g. by standing order, or another account held with the Chelsea. Deposits by account transfer will start to earn interest on the day they are credited to your account. To set up a standing order you need to quote the sort code 60-95-95 and your account number which is the first 8 digits of your account number, if you are asked for a reference number please quote the full 10 digits of your account number.
   Please note: you can only make deposits to the e-Bond whilst it remains open to new investors. The e-Bond is a limited issue product, which means it can be withdrawn without notice at any time.
6. Withdrawals or closure are not permitted, other than in exceptional circumstances such as; critical illness, terminal illness or death of an account holder, or by court order. In these circumstances the deposit and interest to date will be paid.

On maturity your balance will be automatically transferred to a fixed rate access bond. You may have the option to transfer the balance into another fixed rate product without the need to re-apply.

The maturity date is:

Annual interest is payable until 31 May 2015 and may be added to the account or transferred to another account.

Monthly interest is payable on the last day of the month and must be transferred to another account.

To provide the fixed interest rate, the Society enters into a fixed-cost transaction in the external money markets. We are committed to this transaction for the full duration of the Bond. This means that once your Bond account has been opened, there is no cooling off period.

You will be able to check your balance and view deposit transactions on your account online whenever you wish. We will advise you of the forthcoming product maturity, and generally communicate with you, via email. It is very important that you notify us if your email address changes.

You can change your contact details (postal address, email and telephone) when you are logged in. To change your name you will need to write, enclosing proof of the change, to Chelsea Building Society, Internet Savings Department, Timbercombe House, Charlton Kings Business Park, Cirencester Road, Cheltenham, Gloucestershire, GL53 8DZ.

If at any time you're not satisfied with the service you've received, please let us know. We have a simple process enabling you to do this, the details of which are in our leaflet "We're here to help you - our complaints process", which can be downloaded from this site, obtained at any of our branches or requested by calling us on 0845 850 4041.

If we cannot come to a resolution to your satisfaction, you may have the right to refer the matter to the Financial Ombudsman Service, of which we are a member.

If you open an account it will be with Yorkshire Building Society (trading as Chelsea Building Society). Chelsea Building Society is operated under its own brand with its own products and as a trading name of Yorkshire Building Society.

Chelsea Building Society will communicate with you in English.

Yorkshire Building Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Find out more.