Coventry BS launches Poppy Bonds | Product News - Moneyfacts

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Coventry BS launches Poppy Bonds

Coventry BS launches Poppy Bonds

Category: Savings
Date: 06/11/2013

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 It is now over 6 months old so the content may be out of date.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 launched its Poppy Bonds in support of the Royal British Legion's Poppy Appeal.

The basics…

Savers can choose from two fixed rate options:

Poppy Bond (26) pays 2.60% yearly (or 2.57% monthly) until 30.04.2017, with a 0.10% donation going to the Royal British Legion.

Poppy Bond (27) pays a lower rate of 2.50% yearly (or 2.47% monthly) until 30.04.2017, but donates a higher 0.45% to the Royal British Legion.

The finer details…

The minimum deposit requirement is £1.

These accounts can be operated be telephone, post and online.

Earlier access is not permitted, but savers will be allowed to make further additions whilst the issue is open or for seven days after the initial deposit (whichever is longer).

Why we like it…

Savers wanting to support the Royal British Legion's 2013 Poppy Appeal would do well to consider these products from Coventry BS that offer competitive rates of interest, plus a generous donation.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the top 3 year fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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