Fixed Rate Cash ISA (Fixed to 30.09.2023)

Summary Box

Balance in the account % Tax free(2) %AER(1)
£500+ 0.85 0.85

Interest is calculated on a daily basis and paid into this account on the 5th April each year and at maturity.

Please refer to section 7 of the Savings Account General Terms and Conditions for details on how we calculate interest.

Details of our full range of products and current interest rates are available on request at our branches, by telephone 01257 235003 or from our website

This interest rate is fixed until 30th September 2023 meaning we cannot change the interest rate during this fixed term period. After this date your account reverts to the Chorley Cash ISA account with a variable rate of interest.

The terms of the Chorley Cash ISA are available in branch or at

Please refer to section 7 of the Savings Accounts General Terms and Conditions for further information on how and why we may change the interest rate.

Based on the current rate of interest, if you opened this account on the 1st August 2021 and deposited £1,000 after 26 months on 30th September 2023 you would have £1018.51.

This projection is for illustrative purposes only and does not take into account your individual circumstances. The projection is based on no additional deposits, withdrawals or changes in interest rate within the 26 month period.

  • The account can only be held in a single name. The account must not be a joint account or held on behalf of a person other than the investor.
  • One initial deposit is allowed from 2021/2022 tax year allowance plus transfers in from previous subscriptions.
  • Transfer of funds from existing Chorley Building Society accounts are not permitted.
  • Available to eligible UK residents over the age of 16 only who:
    • Are resident in the United Kingdom or, if not resident, be performing duties as Crown employee serving overseas and paid out of the public revenue of the United Kingdom (typically a serving member of the armed forces, or a diplomat), or be married to, or in a civil partnership with, such a person;
    • Have not subscribed to another Cash ISA in the tax year; and
    • Have not exceeded the overall 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 Cash ISA Share Account application form;
    • at least the minimum deposit of £500; and
    • proof of your identity, address and residency
  • The ISA subscription limit from 6 April 2021 to 5 April 2022 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. Once the amount deposited in any tax year reaches the maximum annual investment limit no further deposits are allowed until the following tax year. Please note the Society only offers cash ISA products.
  • Transfer ln – Full and partial transfers-in from other ISA providers are allowed. All transfer instructions must be received by the Society within 7 days of opening the account. On receipt of a transfer instruction from you we will forward it to your existing ISA provider together with a confirmation that we will accept the transfer, within 15 business days of the date of receipt. Current year subscriptions must be transferred in full and previous years subscriptions can be full or partial transfers. 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.
  • Transfer Out – This Cash ISA can be transferred into another provider’s Cash ISA or a Stocks and Shares ISA. We will forward the funds to the new ISA provider within 15 business days of receiving your instruction from them.
  • Under current ISA regulations it can take up to 15 business days to complete the ISA transfer request.
  • This product can be opened and managed in branch, by post, and via Chorley Online where you are able to view transactions, check your balance and interest rates. Please refer to the Society’s Savings Accounts General Terms and Conditions.

You may withdraw by cash, cheque or CHAPs* (*subject to a £25 fee) and transfers out to other ISA providers can be made, subject to 120 days loss of interest on the amount withdrawn.

Cheques requested by post 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 for further details.

Our Fixed Rate Cash ISA – Fixed to 30.09.2023  is not a ‘Flexible ISA’. This means that all your deposits within the tax year count towards your ISA allowance, regardless of whether or not you make any withdrawals.

  • Please refer to the Important Cash ISA information section below.
  • 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 Your tax treatment is dependent on your own personal circumstances and may be subject to change in the future.

Before applying for any of the above accounts please ensure you read the following:

Please also refer to our Identification Criteria in case we need to request more information from you

For all ISA transfer requests into Chorley Building Society please also complete an ISA transfer form

If applying by post, please ensure you print and sign before returning your application to the following address:

Savings & Investment Department
Chorley Building Society
Key House
Foxhole Road

Got an Enquiry? 01257 235003
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