Handy day-to-day banking
Some accounts flash an eye-catching rate in front of you, which turns out later to only apply to a fraction of your current account balance but that's not how we do things at the Coventry. With Coventry First you'll get a great deal on all your money.
- 1.10% AER* on your whole balance paid monthly (1.09% gross p.a. variable), when you deposit at least £1,000 each month**
- First year bonus of 0.85% AER* included in the rate
- Available to those aged 21 or over
- Fee-free everyday banking online, by phone, in branch or by post
- £250 interest-free overdraft & VISA debit card
- UK based call centre
...and it's easy to switch
We subscribe to the Lending Code which is monitored and enforced by the Lending Standards Board. Further details can be found at www.lendingstandardsboard.org.uk.
For information and guidance on how to manage your money from the independent Money Advice Service, please visit www.moneyadviceservice.org.uk
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. The gross rate is the interest rate payable before the deduction of tax.
^Interest on ISAs is paid tax-free, that is gross with no tax deducted.
**To earn the advertised rate of interest including the first year bonus, you need to deposit at least £1,000 each month, not including transfers from other Coventry accounts. Otherwise, the interest rate earned on your entire balance will be nominal.
