Savings Rate Increase 16th June 2022

Chorley Building Society is committed to providing long term value to our Members and supporting them, wherever they may be on their savings journey.

Following the recent Bank of England base rate increases, we are raising the interest rate across the majority of our savings accounts. Details of these accounts are below.

Products Currently Available

Account Name Rate – before June 16th Rate – from June 16th
Unlimited Instant Access
(Chorleian and Affinity Accounts)
0.35% 0.50%
Easy Access (6 Withdrawals Per Year) 0.95% 1.20%
Easy Access (12 Withdrawals Per Year) 0.70% 0.95%
30 Day Notice 0.90% 1.20%
60 Day Notice 0.95% 1.30%
90 Day Notice 1.00% 1.40%
Over 60s Tier 1 (£1-£85k) 0.65 0.90%
Over 60s Tier 2 (£85k-£170k) 0.70% 0.95%
Over 60s Tier 3 (£170k-£500k) 0.75% 1.00%
ISAs
Unlimited Instant Access
(Chorley Cash ISA)
0.40% 0.60%
Easy Access Cash ISA – Issue 2 (6 Withdrawals Per Year) 0.75% 0.90%
60 Day Notice 0.75% 0.90%
90 Day Notice 0.80% 0.95%
Junior
Unlimited Instant Access
(Young Chorleian)
0.90% 1.05%
Future Saver/Foxley 1.35% 1.50%
CTF/Junior Cash ISA (JISA) 1.35% 1.50%
Regular Saver 1.35% 1.50%

Closed Accounts

Account Name Rate – before June 16th Rate – from June 16th
120 Day Notice 1.05% 1.50%
180 Day Notice 1.15% 1.60%
Seasonal Saver Issue 1 1.20% 1.40%
Seasonal Saver Issue 2 1.20% 1.40%
Seasonal Saver Issue 3 1.20% 1.40%
 
ISAs
Easy Access (12 Withdrawals Per Year) 0.65% 0.80%
Inheritance ISA 0.35% 0.45%
Help to Buy ISA 1.50% 1.60%
Chorley Easy Access Cash ISA 0.40% 0.60%
 
Business Range
Unlimited Instant Access 0.35% 0.50%
90 Day Notice 0.80% 0.95%

If you hold any of the accounts where the interest rate has increased, you do not need to do anything and this will take effect from the 16th June 2022.

If you have any questions at all, please feel free to contact our savers team on 01257 235 003 or email them at savers@chorleybs.co.uk