Easy Access Saver (6 Withdrawals)

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.

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 (6 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. 

• Withdrawals can be made in branch by cash, cheque, or CHAPS* (*subject to a £25 fee).
• This account permits 6 withdrawals per calendar year (running from January to December each year), without loss of interest or a penalty. Interest is paid annually on the 31st of December. 
• The annual interest can be withdrawn, and this does not count as one of the 6 withdrawals. 
• *Additional withdrawals will result in a lower rate of interest equivalent to the Chorleian Instant Access Account rate (currently 0.90% Gross p.a./AER ). This interest rate will apply for the remainder of the calendar year. At the start of the new calendar year the account will revert to the Easy Access Saver (6 Withdrawals) interest rate available at that time. 
• The minimum account balance to be maintained is £500, should the balance reduce below £500 the account will be closed.
• You can use Chorley Online to request an immediate withdrawal or closure to any of your eligible Chorley accounts. Transfers between Chorley accounts will be processed on the same day, even when this is a non-working day or after 3:30pm on a working day.
• You can also use Chorley Online to request withdrawals or account closures to be sent to your nominated bank account by Faster Payment. Requests received before 3:30pm on a working day will be processed the same day. Requests received after 3:30pm, or on a non-working day will be processed on the next working day. Faster Payments will be credited to your nominated bank account by the end of the following working day. 

Withdrawal conditions apply; please refer to section 9 of the Savings Accounts General Terms and Conditions and section 8 of the Chorley Online Terms and Conditions for further details.

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  

Changing your mind

Once you have opened an account, you have 14 days to let us know that you have changed your mind. The 14 days will start after the account is opened or, if later, after you first receive (on paper or electronically) a copy of Chorley Building Society's Savings Terms & Conditions and the Product Specific Features. If you let us know within this time that you no longer want the account, we will give you your money back (together with any interest it has earned) or help you switch to another one of our accounts which you are eligible for (if we have received cleared money). Should you change your mind about this account please send written notification of your cancellation to us at Head Office, Key House, Foxhole Road, Chorley, PR7 1NZ.

What to do if you’re not satisfied
If you are not satisfied with our services we operate an internal complaints procedure. A copy of this procedure is available online at www.chorleybs.co.uk or you can ask in any of our branches for details of this procedure. If you are not satisfied with our final response, you may be eligible to take your complaint to the Financial Ombudsman Service (FOS).