Coventry Building Society Fixed Rate Isa (Issue 49) - Coventry Building Society

Coventry Building Society Fixed Rate Isa (Issue 49)

Coventry Building Society
2.15 % AER
Headline Interest Rate
Fixed
Until 30 Nov 2022
FSCS
Compensation Scheme
£ 1 min initial deposit
Unlimited max balance
  • Open By:
High interest rate
Money is locked away for five years

About the account

Account Type: Fixed Term
Headline Interest Rate: 2.15 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers in from other Cash ISA providers are permitted however it must be carried out up to 14 days after the initial deposit or, or while the issue remains open, whichever is longer.
Minimum Initial Deposit: £ 1
Date account was introduced: 04 Oct 2017

This account may be appropriate for you if

  • You haven't already opened a Cash ISA this year
  • You are happy not accessing your money until 30 Nov 2022
  • You are happy not withdrawing funds before the end of the term
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£12.15%2.15%2.15%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually
Minimum Balance: £ 1
Maximum Balance: Unlimited
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Withdrawals are not permitted during the term. Closure is permitted subject to 180 days loss of interest.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Withdrawals are not permitted during term. Closure permitted subject to 180 day interest penalty.
Transferred on Maturity: The customer will be contacted at least 14 days before maturity with details of the re-investment options. If no instructions are received from the customer, the balance will automatically be re-invested into another ISA product. Customers may withdraw or transfer without incurring any charge, within 21 days of maturity.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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Customer ratings