Chelsea
Building Society Cash ISA
Chelsea
Building Society Cash ISA
Chelsea
Building Society Mini Cash ISA (2nd Issue)
Provides you with an attractive variable rate on cash investments
up to the current maximum permitted subscription limit of
£3,000 in each tax year.
Your
interest is paid without tax deducted (subject to ISA Regulations,
the account terms and conditions and receipt of a valid declaration).
You
can transfer your mini cash ISA holding from the Chelsea Building
Society to another organisation subject to the maximum investment
limits imposed by the Government. They do not accept transfers
into the Chelsea Mini Cash ISA (2nd Issue) from other organisations.
Interest
is paid annually on 1st July.
The
more you invest the higher the rate
If you choose to add to your existing Chelsea Building Society
Mini Cash ISA (2nd Issue) in subsequent tax years, you can
benefit from our tiered interest rates. As your balance in
this account reaches the next level, the higher rate is automatically
applied to the whole balance for the time it remains within
that level.
Under
the current ISA Regulations, you can invest a maximum of £3,000
per tax year. To achieve the higher rate for balances of £6,000
and over, you will need to add to your ISA over two or more
consecutive tax years. Following any tax year in which you
do not add to this ISA, you will need to complete a new application
form before we can accept further investments.
CAT
standards
Chelsea Building Society Mini Cash ISA meets the Government
CAT Standards. CAT stands for reasonable Charges, easy Access
and decent Terms.
It
is a voluntary set of standards which apply to ISAs set by
the Government as a benchmark. The idea is to provide investors
with reassurance that the terms of the ISA will be fair and
easy to understand.
For
further information on Chelsea Building Society Cash ISA's
visit the Chelsea Building Society Website.
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