Savings & Investments from The Catholic Building Society

The Jubilee accounts were first issued to celebrate the Society’s 25th Anniversary. They have proved very popular investments for regular income or stable growth.

The minimum investment is £250 at 30 days withdrawal notice, with a maximum of £150,000.

Your investment is recorded in a traditional passbook and annual statements are issued as at 31st December.

Check the current interest rates.

Stable Growth or Income you have 4 choices

Have interest added each 31st December, to earn more interest.
Interest can be withdrawn after 1st January, without notice.
Have interest paid to you or your bank each 31st December.
Have interest paid to your bank on the last working day of each month.

Unlike the biggest Building Societies and banks, which usually pay a lower rate for investors choosing monthly income or transfers, Jubilee 30 pays you the same top rate, with no reduction for monthly income.

Opening your Jubilee 30 Account

Inland Revenue form R85 is available on request for personal investors who have no tax liability. From the date of registration the Society can pay gross interest. Personal Investors who become non taxpayers after opening their account may also request and register form R85 in order to earn gross interest.

Managing your Jubilee 30

You may make withdrawals with no interest penalty provided you give the due notice of 30 days.

You may withdraw part or all of your investment by cheque on request, or have £200 in cash, subject to an interest loss at the current rate of 30 days. Withdrawal of your entire investment without notice may require deduction of the interest penalty from the capital investment, especially where monthly or yearly interest has been paid out. Where a part withdrawal reduces the balance on your account below the minimum of £250 your Jubilee 30 must be closed and/or transferred to an alternative account.