Rugby fans can kick off an ac­count to help the game

The Daily Telegraph - Your Money - - News And Views - By Me­lanie Wright

THE RUGBY World Cup kicks off on Septem­ber 7, and Chelsea Build­ing So­ci­ety has in­tro­duced three new affin­ity ac­counts de­signed specif­i­cally for fans of the game.

The Chelsea Rugby Reg­u­lar Saver ac­count re­quires savers to pay in a min­i­mum of £10 a month, and they will earn in­ter­est of 4.8pc gross a year. No more than two with­drawals can be made from this ac­count within any 12month pe­riod.

The Chelsea Rugby Cal­lDirect ac­count, which can be opened with an in­vest­ment of £250, pays 3.95pc gross a year. A cash ma­chine card is avail­able with this ac­count if re­quested.

Fi­nally, the Chelsea Mini Rugby Saver ac­count is for younger savers and pays 5.2pc gross in­ter­est on an open­ing bal­ances of £1. All savers who open any of the three ac­counts will re­ceive two free tick­ets to the next Emi­rates Sev­ens held at Twick­en­ham, and those open­ing a Mini Rugby Saver ac­count will also re­ceive an Eng­land Rugby Piggy bank. In ad­di­tion to this, each year 1pc of the av­er­age an­nual bal­ance will be re­turned to the Rugby Foot­ball Union, for the con­tin­u­ing de­vel­op­ment of “grass­roots rugby” in Eng­land. For more in­for­ma­tion on the new Chelsea ac­counts, visit www.thechelsea.co.uk/ rugby.

Two new is­sues of Der­byshire bonds

DER­BYSHIRE Build­ing So­ci­ety on Thurs­day in­tro­duced two new is­sues of its Fixed Rate Bonds, pay­ing up to 6.35pc gross.

Is­sue 150 of the one-year bond pays 6.3pc gross on a min­i­mum in­vest­ment of £1, while Is­sue 151 of the twoyear bond pays 6.35pc gross on the same min­i­mum in­vest­ment. Both bonds of­fer a monthly in­ter­est op­tion, which is 6.12pc gross for the oneyear bond, and 6.17pc gross for the two-year bond.

Lisa Tay­lor, of Money­facts.co.uk, said; “Whilst it is good to see th­ese bond rates in­creas­ing, they still fall a fair way short of the top rates of 6.7pc for a oneyear and 6.65pc gross for a two-year bond from An­glo Ir­ish Bank.

“With ad­di­tions per­mit­ted while the is­sue re­mains open, they of­fer some flex­i­bil­ity.

“How­ever, clients will need to be cer­tain they will not re­quire the funds dur­ing the term, as no ear­lier ac­cess is per­mit­ted.” For more in­for­ma­tion, visit www. theder­byshire.co.uk.

Buck­ing­hamshire cel­e­brates 100 years

BUCK­ING­HAMSHIRE Build­ing So­ci­ety this week launched a com­pet­i­tive fixed rate bond to com­mem­o­rate its first 100 years.

The Cen­te­nary Bond Fixed Rate Ac­count, which can be opened by both new and ex­ist­ing in­vestors, is avail­able over ei­ther one or two years, and pays 6.2pc or 6.25pc gross in­ter­est a year re­spec­tively. The min­i­mum in­vest­ment re­quired to open the Bond is £1,000, and the max­i­mum amount you can in­vest is £250,000.

With­drawals are not per­mit­ted, but a bond can be closed at any time, al­though you will lose 120 days’ in­ter­est if you do this. For more in­for­ma­tion, visit www.bucks­build­ing so­ci­ety.co.uk or tele­phone 01494 879500.

N&P brings a smile to savers with rates rise

NOR­WICH & Peter­bor­ough Build­ing So­ci­ety on Thurs­day raised rates on some of its fixed rate bonds and its mini cash Isa.

The Build­ing So­ci­ety’s six-month fixed rate bond now pays 6.35pc, up from 5.9pc gross, and savers look­ing for in­come can opt to re­ceive monthly in­ter­est at a marginally lower rate of 6.27pc gross. The oneyear bond now pays 6.25pc gross, or 6.08pc monthly.

Savers tak­ing out a oneyear Fixed Rate Mini Cash Isa with Nor­wich & Peter­bor­ough will now earn 6.25pc gross in­ter­est a year, up from the old rate of 6pc.

Richard Barker, prod­uct man­ager at N&P, said: “Th­ese rates are guar­an­teed to bring a smile to savers’ faces de­spite the aw­ful weather.”

For more in­for­ma­tion about Nor­wich and Peter­bor­ough Build­ing So­ci­ety, visit your lo­cal branch, log on to www. npbs.co.uk, or tele­phone 0800 883322.

Cheshire rises give plenty to think about

CHESHIRE Build­ing So­ci­ety this week in­creased the rates on its six, 12month, 18-month, twoyear, three-year and fouryear fixed rate bonds, as well as its Fixed Rate Mini Cash in­di­vid­ual sav­ings ac­count.

This is the sec­ond time the build­ing so­ci­ety has raised rates since the last Bank of Eng­land base rate in­crease in July.

The six-month bond now pays 5.9pc gross, while the 12- and 18-month bonds pay 6.25pc and 6.2pc gross in­ter­est re­spec­tively. All of th­ese bonds can be opened with a min­i­mum in­vest­ment of £1,000.

The two-, three- and four-year term bonds each re­quire a min­i­mum in­vest­ment of £5,000 and all pay 6.25pc gross in­ter­est a year.

They also of­fer a monthly in­ter­est op­tion, at the slightly lower rate of 6.08pc gross. The 12month Fixed Rate Mini Cash Isa also now pays 6.25pc gross.

For more in­for­ma­tion, visit www.thecheshire.co.uk.

OAPs should warm to Win­ter Fuel Pay­ments

OLDER peo­ple were this week urged to get their ap­pli­ca­tions for Win­ter Fuel Pay­ments in to en­sure they get their pay­ments in time for Christ­mas.

Min­is­ter for Pen­sions Re­form Mike O’Brien said: “Over 8m house­holds will ben­e­fit from the £200 Win­ter Fuel Pay­ment this win­ter, with those con­tain­ing some­one aged over 80 re­ceiv­ing £300. Suc­cess­ful ap­pli­ca­tions re­ceived by Septem­ber 21 will get their pay­ments in time for Christ­mas.”

Those who are newly el­i­gi­ble can get a claim form by visit­ing the Win­ter Fuel Pay­ment web­site: www. thep­en­sion­ser­vice.gov.uk/ win­ter­fuel, or by call­ing the helpline on 08459 151515.

NS&I joins forces with WH Smith

NA­TIONAL Sav­ings & In­vest­ments (NS&I) this week joined forces with sta­tion­ers WH Smith to of­fer Pre­mium Bonds and In­dex-Linked Sav­ings Cer­tifi­cates in 400 of its high street stores.

The part­ner­ship be­gins on Novem­ber 1 and will en­able cus­tomers to pick up brochures for the Sav­ings Cer­tifi­cates and Pre­mium Bonds in store.

Lisa Tay­lor: bond am­bi­tion

Richard Barker: weather beater

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