Coventry Building Society launches new account
www.moneynews.co.uk > Banking > Coventry Building Society launches new account
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Money News |
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Coventry Building Society launches new account
Fri 8th Jan 2010
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It is the third issue of its popular account, which offers holders a market leading rate, as well as postal access.
Offering a rate of 3.3 per cent AER/gross each year, investors can make up to four withdrawals annually, without incurring a penalty.
The building society predicts the product will be popular and advises those who are interested to apply soon either by visiting a branch, going online, or calling.
Rachel Haworth, head of marketing at Coventry Building Society, said: "Many people will have "sorting out the finances" as a new year resolution. With the Bank base rate still at an unprecedented low, savers will be looking for the best possible return."
In October, the Coventry announced it had secured £35 million in long-term funding from the financial markets.
Click here for more banking news
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