Chelsea BS 6.90% 1 year fixed, already closing

Sillychuckie

http://www.thechelsea.co.uk/html/savings/invest_fixrateops_intro.html

This account became available on Saturday, but according to branch staff when I went in today, is already closing. Today is the last day you can get your money in.
I think it is so stupid - they have a big pile of leaflets and posters in the branch, all of which will be thrown away.
I just got my money in on time, but would have added more if it stayed an active issue for a little longer. They are well within their rights of course, just seems a little daft.

SC.

bristolleedsfan

Sillychuckie wrote: »

http://www.thechelsea.co.uk/html/savings/invest_fixrateops_intro.html

This account became available on Saturday, but according to branch staff when I went in today, is already closing. Today is the last day you can get your money in.
I think it is so stupid - they have a big pile of leaflets and posters in the branch, all of which will be thrown away.
I just got my money in on time, but would have added more if it stayed an active issue for a little longer. They are well within their rights of course, just seems a little daft.

SC.

being as abbey national got bombarded with cash re its 7% 1 year fix ( before last base rate decrease) on min 50000 + then demand for chelsea 6.9% ( lasting over 14 months) on 1000+, id imagine would be mega high especially as it was launched in a climate of expectation of further base rate decreases

While i was in Bristol Chelsea branch only one person came into the branch and he was wanting to open the 6.9% fixed.

Perhaps a lot are opening by post thus giving then time to move funds about.

moneyfacts have taken chelsea 6.9% fix off, this verifies your info received. :T ( i also wondered y chelsea printed so many leaflets and product guides being as the product was always going to sell out quick via best buy tables and forums such as this one. )

RayWolfe

Certainly raised their profile for a few days. ;-)

bristolleedsfan

1 year and 2 year fixes both withdrawn today, cashier in branch said u will probably get offered a follow on fixed rate on maturity, i said u seem confident that Chelsea BS wont have been bought out before march 2009. :cheesy:

worrypants

:eek: mine was posted today to arrive tommorow wonder how long they will hold on to my cheque as looks like when they get it tommorow i will be to late shall have to ring in the morning as shall be losing precious interest!!!!!!!!!!

MKUX3

i have mine al ready to post off in an envelope.

will i not bother now and go for hampshire trust 1 year fixed 6.70% gross???? is that the next best or any other suggestions

bristolleedsfan

worrypants wrote: »

:eek: mine was posted today to arrive tommorow wonder how long they will hold on to my cheque as looks like when they get it tommorow i will be to late shall have to ring in the morning as shall be losing precious interest!!!!!!!!!!

they should honour applications that were posted today, heres a freephone no 0800 121 8822

bristolleedsfan

MKUX3 wrote: »

i have mine al ready to post off in an envelope.

will i not bother now and go for hampshire trust 1 year fixed 6.70% gross???? is that the next best or any other suggestions

http://www.moneyfacts.co.uk/savings/bestbuys/fixed-rate-savings-accounts.aspx

Milarky

That's confirmed from this list of withdrawn savings accounts:

1 yr Fixed Rate (4th Issue)

bristolleedsfan

Milarky wrote: »

That's confirmed from this list of withdrawn savings accounts:

1 yr Fixed Rate (4th Issue)

2 year Fixed Rate ( 7th Issue) as well

nilrem_2

Great, Closed after 'effectively' one day!
As an existing Chelsea saver I was going in to open one tomorrow!

Any other decent Fixed accounts for my spare cash?