Savings Accounts Interest

Interest rates

Our Website provides a comprehensive source of product and rate information for new and existing investors.

Please be aware that all savings accounts are limited edition and can be withdrawn without notice.

What can I do if I disagree with the amount of interest that has been credited to my account?

A breakdown of your interest calculation will be supplied if you apply, in writing, to our Investment Department.

Please address your letter to:

Cheshire Building Society
Operations Team
FREEPOST
Castle Street
Macclesfield
SK11 6YA

Please note that Freepost can take up to 3 working days to arrive so if you would like your application to reach the Cheshire in the quickest possible time please use a 1st class stamp.

Can I receive interest without tax deducted?

If you are entitled to receive gross interest, complete an Inland Revenue R85 Form and we will pay interest without tax deducted. Non-taxpayers who receive interest net may be able to reclaim tax deducted from the Inland Revenue.

You may also be interested in downloading an R85 Helpsheet which will help you determine if you are eligible for interest without tax deducted.

If I make an instruction for my interest to be paid to another account by BACS when will the money reach my account?

Instructions for payments by BACS (Bank Automated Clearing System) will take 3 working days to reach your account. Working days exclude Saturday, Sunday and Bank Holidays.

When will my interest be paid?

The timing of when interest is paid is dependent upon the type of account you hold. Full details will be provided in the terms and conditions issued when you opened the product.

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Cheshire Building Society is a trading division of Nationwide Building Society which is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. You can confirm our registration on the FSA's website, www.fsa.gov.uk or by contacting the FSA on 0845 606 1234. Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. This site is intended for UK residents unless otherwise stated.

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