Coventry BS launches a poppy bond | Product News - Moneyfacts

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Coventry BS launches a poppy bond

Coventry BS launches a poppy bond

Category: Savings
Date: 06/11/2014

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 It is now over 6 months old so the content may be out of date.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 Building Society has once again lent support to the Royal British Legion, by launching a competitive three-year fixed rate savings account that donates a percentage of the bond's total balance to the Poppy Appeal.

The basics…

Centenary Poppy Bond 31.12.17 has a highly competitive rate of 2.40% per annum (2.37% monthly), earning it a place among the top 10 for its sector. A donation of 0.15% of the total amount saved will go to the Royal British Legion.

The finer details…

This account can opened online, in branch, by phone or by post with a minimum deposit of £1. It can then be managed by all methods, apart from in branch.

Further additions are welcome while the issue remains open or for seven days after the initial deposit, whichever is longer. However, early access to funds is not permitted.

Why we like it…

This account offers a rival-beating rate, which is sure to grab the interest of investors. The feel-good factor provided by the charitable donation adds to the appeal, and the flexibility of opting for monthly interest as well as being able to make further additions enhances this account's standing.

Four Moneyfacts Stars have been awarded.

What next?

To apply for this product click here.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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