90 Day Notice Cash ISA

This product can be managed in branch, by post, and via Chorley Online where you are able to view transactions, check your balance and check your interest rates. Please refer to the Society’s Savings Accounts General Terms and Conditions and Chorley Online Terms and Conditions.

Please note the Society only offers cash ISA products.

Eligibility Criteria

• The account cannot be a joint account or held on behalf of a person other than the investor.
• Available to eligible UK residents over the age of 18 only who:
  • Are resident in the UK or, if not resident, be performing duties as Crown employee serving overseas and paid out of the public revenue of the UK (typically a serving member of the armed forces, or a diplomat), or be married to, or in a civil partnership with, such a person; and
  • Have not exceeded the overall annual ISA subscription limit.
• To open an account, you will need to apply online, in branch or by post and let us have;
  • a fully completed Chorley Cash ISA Account application form;
  • at least the minimum deposit of £1; and
  • proof of your identity, address and residency
  • funds must be received within 15 calendar days for accounts opened via Chorley Online. If no funds are received the account will be closed.
• The ISA subscription limit from 6 April 2026 to 5 April 2027 is £20,000 and this allowance can be split between a Cash ISA, a Stocks and Shares ISA, an Innovative Finance ISA, a Lifetime ISA and a Help to buy ISA, subject to eligibility. You are permitted to hold more than one ISA of the same type, (except for Lifetime ISAs), within the same tax year, providing the total amount across all accounts remains within your overall subscription limit. Once the amount deposited in any tax year reaches the maximum annual investment limit no further deposits are allowed until the following tax year..
• You remain responsible for managing your overall subscription limits, meaning you must ensure that collectively the total subscriptions remain within the overall ISA limit for the tax year. If you require further information, please refer to our ISA subscription rules https://www.chorleybs.co.uk/savings/isas or speak to our Branch Advisors.
• Transfers in from other Chorley Building Society Accounts are permitted.
• Transfer Out - This Cash ISA can be transferred into another provider's Cash ISA or a Stocks and Shares ISA subject to 90 Days’ notification being served, or a penalty, equivalent to 90 days interest on the amount withdrawn, can be paid. Current year subscriptions must be transferred in full and previous years’ subscriptions can be full or partial transfers. We will forward the funds to the new ISA provider within 15 business days of receiving your instruction from them.
• Transfer In – Current year subscriptions must be transferred in full and previous years’ subscriptions can be full or partial transfers. On receipt of a transfer instruction from you we will forward it to your existing ISA provider, together with confirmation that we will accept the transfer, within 15 business days of the date of receipt. Once we receive the funds and transfer information, we will credit the funds to the Cash ISA account within 3 business days of the date of the receipt. Interest will be earned from the day after the funds are credited.
• This is a limited issue, and the Society reserves the right to withdraw this product without notice at any time.

All withdrawal or closure requests are subject to 90 days notification being received by the Society or a penalty, equivalent to 90 days interest can be paid.

Please read the following conditions regarding withdrawals and closures:

Giving notice

• You can give notice by telephone, post in branch or through Chorley Online.
• Online requests can only be paid to your nominated bank account or to another of your Chorley accounts held in your sole or joint names.
• Your request must state the amount you wish to withdraw.

During the notice Period

• The notice period is 90 days.
• Only one notice request can be active at any time.
• Notice periods cannot be carried forward.

When your notice expires

• Once your notice period ends, you have 7 calendar days to withdraw your money.
• If your request is by branch or post, you can withdraw all or part of the amount requested, up to the amount specified in your instruction. However, online request amounts can’t be changed. 
• If you do not withdraw your funds within the 7 days, you will need to submit a new notice request.

Transfers to another account

• If you transfer your money to another Chorley account with a longer notice period, no notice is required and no penalty applies.
• If the transfer is to another Chorley account with a shorter notice period, you must give 90 days’ notice.

How your money will be paid

• Branch and postal requests can be paid to another Chorley account, by cheque or by chaps * (*subject to a £25 fee).
• Cheques requested by post will normally be issued within two working days of the notice period ending and sent by first class post.
• Online withdrawal and closure requests will normally be processed on the first working day after the notice period expires. 

Other conditions

• If transferring this account to another Chorley Building Society account with a longer notice period, no notice is required, and no penalty is charged.
• If transferring this account to another Chorley Building Society account with a shorter notice period 90 days’ notice must be given or a penalty, equivalent to 90 days interest can be paid.
• Transfers out to other ISA providers can be made, subject to 90 days notification being received by the Society or a penalty, equivalent to 90 days interest on the amount withdrawn can be paid. 

For full details please see section 9 of the savings account general terms and conditions and Section 8 of the Chorley online terms and conditions.

• Please refer to the Important Information section.
• What are the risks? The Government can change the taxation treatment of ISAs at any time without prior notice.
• Interest is paid tax free on this product. Your tax treatment is dependent on your own personal circumstances and may be subject to change in the future.

Operation in accordance with ISA Regulations

The operation of the account is subject to the applicable provisions of the ISA Regulations. The Society will notify you if, by reason of any failure to satisfy the ISA Regulations, the ISA has, or will, become void.

The Society will satisfy itself that any person to whom it delegates any of its functions or responsibilities under the terms agreed with you is competent to carry out those functions and responsibilities.

If you are found to have breached the ISA rules governing subscription limits, or your application is incorrect, your Cash ISA will cease to be exempt from tax and any interest earned in that year will be subject to tax.

Please note that the ISA investments will be, and must remain in, the beneficial ownership of the investor and must not be used as security for a loan.

Death of the Account Holder

In the event of your death no further investments will be allowed in your account. However, tax benefits of the ISA can continue until the earlier of;

• Administration of the deceased’s estate is complete
• The ISA is closed
• 3 years after the date of death

Residency

You must notify the Society if you cease to be resident in the UK or if not resident, cease to perform duties as a Crown employee serving overseas or to be married to, or in a civil partnership with a person who performs such duties which allows you to subscribe to a Cash ISA. The Cash ISA will continue to be exempt from UK tax but no further subscriptions can be made until you meet the residency requirements again.

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).