Chelsea Building Society Cash ISAs

Chelsea Building Society Cash ISAs

Chelsea Building Society currently offers three different types of cash ISAs, depending on your requirements:

• Instant cash ISA - This account can be opened for as little as £10. Interest is typically paid annually. Withdrawals can be made at any time without notice, and the funds can be transferred into this account from another ISA provider. The account can be operated using a passbook, and can be opened in branch or by post.
• Monthly reward cash ISA - If you want to try and avoid the temptation of dipping into your savings, then the monthly reward ISA could be a great option. It offers you a monthly rate of interest in months where you choose not to access your account.
• Fixed rate cash ISA - This ISA provides a fixed rate of interest over a set period of time, and you can choose whether to receive interest monthly or yearly. The minimum opening deposit is £100.

History

The beginnings of the Chelsea Building Society date back to 1875, when the Camberwell and South London Building Society were established. The name was changed to the Chelsea Building Society in the 1970s following a merger with the Borough of Chelsea Permanent Building Society.

Current information

In 2010 the Chelsea Building Society joined the Yorkshire Building Society Group, but still trades under its original branding.