Easy Access Saver (4 Withdrawals)

Available to eligible UK residents aged 18 years old and above only. The account can be held on your own or jointly with someone else.

Only one Easy Access Saver (4 Withdrawals) is permitted per customer. Other Easy Access Accounts can be held alongside this account.

To open an account you will need to apply in branch, post or online and let us have;

• a fully completed Share Application Form;
• at least the minimum deposit of £500 and
• proof of your identity and address
• funds within 15 calendar days for accounts opened via Chorley Online. If no funds are received the account will be closed.

The maximum balance is £500,000 and the overall maximum holding by any one person in respect of all savings accounts with the Society is £500,000.

Transfers in from other Chorley Building Society Accounts are permitted.

This is a limited issue and the Society reserves the right to withdraw this product without notice at any time.

This product can be opened and managed in branch, by post, and via Chorley Online. Please refer to the Society’s Savings Accounts General Terms and Conditions and Chorley Online Terms and Conditions.

• This account permits 4 withdrawals per year, without loss of interest or a penalty.
• Interest is paid annually on the 31^st of December. The annual interest can be withdrawn, and this does not count as one of the 4 withdrawals.
• Additional withdrawals will result in a lower rate of interest equivalent to the Chorleian Instant Access Account rate (currently 2.40% Gross p.a./AER). This interest rate will apply for the remainder of the account year. At the start of the new account year the account will revert to the Easy Access Saver (4 Withdrawals) interest rate available at that time.
• Withdrawals can be made by cash, cheque or CHAPs* (*subject to a £25 fee). You can also request an online payment to a nominated bank account or to any of your Chorley accounts, providing these are in your own or joint names. Cheques requested by post or online for withdrawals or closures will be issued within 48 hours of receipt and posted 1st class to the account holder.
• Withdrawal conditions apply; please refer to section 9 of the Savings Account General Terms and Conditions and section 7 of the Chorley Online Terms and Conditions for further details.
• The minimum account balance to be maintained is £500, should the balance reduce below £500 the account will be closed.

Whether you need to pay tax is dependent on your own personal circumstances and may be subject to change in the future. Interest is paid gross on all our savings accounts – except ISAs where it is paid tax-free. For more information on Tax Allowances please call HMRC on 0300 200 3300 or visit https://www.gov.uk/apply-tax-free-interest-on-savings