Coventry BS leads the way with 3.15% savings rate - Savings - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Coventry BS leads the way with 3.15% savings rate

Coventry BS leads the way with 3.15% savings rate

Category: Savings

Updated: 09/03/2012
First Published: 09/03/2012

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Coventry BS has expanded its variable rate savings portfolio with the launch of this market-leading no notice internet account.

At 3.15% from just £1, the Online Saver should appeal to those who prefer the flexibility of internet banking.

Whilst the number of free withdrawals is limited to four per annum, this should not deter the organised investor and will actively encourage them to save.

A review will be required when the bonus expires after 12 months as the rates may not be so attractive then.

A maximum five out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.
 
Close