Chorley BS Santa Saver maturity

Speculator

I just remembered that my Chorley Santa Saver issue 1 matured last Friday, 25/11

Does anyone know if Chorley still transfer the balance to the Paid up share account on the 25th of November?

Also, I see that it is now a closed account but still paying 5% gross. Can we still continue to save for another year or will we have to close it?

Careful_ly

Yes it still gets tranferred to the paid up share. I posted mine off last week but not had the cheque back yet.

I would think that we can continue to invest at 5% as it was a closed account this time last year.

Milarky

Speculator wrote: »

I just remembered that my Chorley Santa Saver issue 1 matured last Friday, 25/11

Does anyone know if Chorley still transfer the balance to the Paid up share account on the 25th of November?

Ha,ha - I remembered slightly earlier - on Friday - and got my books into the post for Saturday (hopefully postie collected it!)

Also, I see that it is now a closed account but still paying 5% gross. Can we still continue to save for another year or will we have to close it?

Yes the account is ongoing and remains 'issue 1' with an advised rate of (currently) 5%.

Gross interest for the maximum amount of £1800 deposited is in the region of £47.

The 'u2-view' shows the balance transferred to the nominated account from which withdrawal must be requested.

Speculator

Many thanks for the replies. With two energetic daughters both under 5, I have less time to keep track of my accounts like I used to.