Coventry BS reintroduces Poppy Saver - Savings - News - Moneyfacts


Coventry BS reintroduces Poppy Saver

Coventry BS reintroduces Poppy Saver

Category: Savings

Updated: 27/06/2011
First Published: 24/06/2011

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 It is now over 6 months old so the content may be out of date.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 reintroduced its popular Poppy Saver account, which donates money to the Royal British Legion.

The Online Poppy Saver is a no notice internet operated account with a minimum investment of £1 paying 3.10% yearly (3.06% monthly).

The rate includes a 1.10% AER bonus for the first year, with 0.05% of the average balance held in the Online Poppy Saver donated to the Royal British Legion for each 12 month period.

Four penalty free withdrawals are allowed per annum, and then further withdrawals are subject to 50 days' loss of interest.

Coventry BS continues to support the Royal British Legion with the launch of this market leading no notice internet operated account.

It must be noted that the rate includes a 1.00% AER bonus for the first year so a review will have to be undertaken when it ends.

Four out of five Moneyfacts stars have been awarded.

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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 Any products featured may be withdrawn by their provider or changed at any time.

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