Short term gains with Coventry BS - Savings - News | moneyfacts.co.uk

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.

Short term gains with Coventry BS

Short term gains with Coventry BS

Category: Savings

Updated: 08/05/2009
First Published: 08/05/2009

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 It is now over 6 months old so the content may be out of date.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 extended its product range with a couple of short term fixed rate bonds.

The first is a seven month fixed term account which pays a rate of 3.57% (3.54% monthly) on 31.12.2009, when the account matures. The minimum investment is a lowly £1.

The second is a 15 month account which matures on 31.8.10. A yearly rate of 4.00% (3.93% monthly) is paid on a minimum investment of £1.

Both bonds allow early access, albeit with 90 days' loss of interest. Further additions are permitted into the accounts, both of which have a maximum investment cap of £250K.

These accounts provide investors with some of the leading rates in the short term arena and, as such, both have been awarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
Close