Key Product Features

Why not put your savings in an account that can make a real difference? With a Caring for Hospices account you can choose from 21 local organisations – including children’s hospices to receive 1% of the average total balance in the account during the year. Although only one hospice can be selected per account, there is no limit on the number of accounts you can have.

• Your savings will help a hospice of your choice in the local area.
• Earn interest for yourself and we will give, out of our own funds, your chosen local hospice a cash sum too.
• It gives a competitive rate of return on your savings.
• A Caring for Hospices account can be opened with just £1, the maximum is £2m.
• A tiered rate of interest so the more you invest, the better the rate of interest.
• Add to your account whenever you wish.
• Instant access to your money.

^ Lines are open 8am to 8pm on weekdays and 9am to 4pm on Saturdays. For security and training purposes calls may be monitored or recorded.

The 'gross rate' is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

The 'net rate' is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.

The 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if it was paid and compounded once each year.

Details Summary

• Interest is calculated as at 31 December each year and can either be paid back to this account where it will earn even more interest, direct to another Cheshire investment account or to your bank/building society.
• Cheque deposits will earn interest after 2 working days from the date the Society receives it. Standing order deposits earn interest from the date of funds transfer.
• Instant access to your money - you can withdraw up to £500 cash or larger amounts by cheque at any Cheshire branch.
• You can make up to six instant access, penalty free, withdrawals per calendar year, pro rata for the first year. If you make more than six withdrawals the Society’s appropriate Premium Access Rate would be payable from the date of the seventh withdrawal.
• No closure penalty.

Other Information

• Terms and Conditions
  Please ensure you have read the Society’s Terms and Conditions before completion of your application, as you will be signing to say that you have read, understood and agree to be bound by them. Print Terms and Conditions now (opens in a new window) or request printed copy (opens in a new window) .
• Financial Services Compensation Scheme
  Cheshire Building Society is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Payments under the Scheme are limited to a maximum of 100% of the first £35,000 of an investor’s total shares and/or deposits. Most investors are covered, including individuals and small firms. Although most shares and deposits in UK building societies are denominated in sterling, the euro and other European Economic Area currencies are also covered. Further details are available on request from the Society.
• English Law
  Any contract entered into between yourself and the Society will be based upon English law.
• English Language
  All correspondence between yourself and the Society will be communicated in English.
• Right to Cancel
  You have the right to cancel this product, without penalty within 14 days of commencement. Cancellation instructions must be received in writing before the 14th day.  All instructions should be addressed to: Investment Team, Castle Street, Macclesfield, Cheshire  SK11 6AF.
• Complaints
  If you are not satisfied with any Cheshire Building Society product or service we have a complaint handling procedure (opens in a new window) that you can use to resolve such matters.
  Cheshire Building Society is a member of The Financial Ombudsman Service. If you are still not satisfied after following the Cheshire Building Society procedures, you can ask the Ombudsman to review the complaint.
  You can find out more about The Financial Ombudsman Service in a leaflet available from any branch or by telephoning the Customer Contact Centre on 0845 755 0555. Alternatively you can write to: Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR or telephone 020 7964 1000