Coventry bond 'suitable' for older people
www.moneynews.co.uk > Coventry bond 'suitable' for older people
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Coventry bond 'suitable' for older people
Thu 10th May 2007
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Requiring a minimum investment of £1,000, the Coventry bond offers a rate of 5.90 per cent until May 31st 2008.
Over the course of the Coventry bond's first two maturities, customers will also be offered a package which will beat the Bank of England base rate by at least 0.25 per cent.
Those customers wishing to apply for a Coventry bond or any other product from the society should telephone the group's customer service department for more information.
The new bonds sit alongside the group's Sixty-Plus notice account, which enables customers to make a withdrawal without being penalised with 60 days notice.
The Coventry account, which is guaranteed to at least equal the Bank of England base rate until September 30th 2008, offers a variable rate of 5.85 per cent.
