Short term gains with Coventry BS - Savings - News - Moneyfacts

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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 It is now over 6 months old so the content may be out of date.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 Any products featured may be withdrawn by their provider or changed at any time.

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