To help us continually improve our website, we collect non-personal data with cookies. Cookies tell us how you have navigated to and around our website. To find out more or if you wish to opt-out please view our Cookies policy.
This section's navigation
Protecting your money - find out more here
Page content

Fixed Rate ISA (24) 30.11.2018

Sit back and relax with a tax-free^ fixed rate of 2.40% p.a./AER* until 30.11.2018.
  • Would you like to make the most of tax-free^ savings?
  • Would you prefer to have a fixed interest rate on your money?
  • Don't need access to your money before maturity?
2.40%
Tax-free^ p.a./AER*
Fixed until 30.11.2018
Account summary
Login & apply
Select 'Login & apply' if you already use Online Services, as we'll usually be able to open your account straight away.

At a glance

If you're looking for a tax-free savings account, to make the most of your money, and you want an interest rate that's fixed, then look no further than our Fixed Rate ISA (24) 30.11.2018.

Our Fixed Rate ISA (24) 30.11.2018 is a cash ISA designed for your 2014/2015 ISA allowance. Following the announcement made by the Government to reform ISAs into a new simpler product, the New ISA (NISA) on 1 July 2014, our Fixed Rate ISA (24) 30.11.2018 has an investment limit of £15,000.

  • Deposit up to £15,000 which is your 2014/2015 ISA investment limit, dependent on any stocks and shares subscription you may have made in this tax year
  • Transfers of previous years' ISA funds and subscriptions in future tax years' are not permitted
  • Earn tax-free^ interest on your savings
  • Enjoy a fixed interest rate of 2.40% tax-free^ p.a./AER* paid annually on 30 November
  • Early closure subject to a charge of 120 days' interest on the closure balance
  • Partial withdrawals not available before maturity

Important information-

Please remember you can only deposit into one cash ISA each tax year. So, if you have any allowance left over after the deposit period, you'll only be able to pay it into a stocks and shares ISA.

How it works

Using your account

You can manage your Fixed Rate ISA (24) 30.11.2018 over the phone, in any of our branches and you can also add Online Services to your account. Plus, we'll send you an annual statement so you can see what's happening with your savings.

Paying money in

You can deposit up to £15,000 (your 2014/2015 NISA investment limit) dependent on any stocks and shares ISA subscription you may have already made for the 2014/2015 tax year. Deposits can be made by:

    • electronic payment from your bank or building society
    • transfer from another Coventry account
    • cheque at a branch or by post
    • cash at a branch

After you have made your initial deposit, you can make additional deposit(s) while the account is open to new investors or for a period of seven calendar days, whichever is longer.

Withdrawals

  • Partial withdrawals are not permitted prior to maturity. You can close your account prior to maturity without notice subject to you incurring a charge equal to 120 days' interest on the closure balance. Advance notice for closure cannot be given

Interest

  • Interest is paid on 30 November each year

How to apply

You have a choice of ways to apply for this account:

Apply online

It's quick, easy and secure.

Log in and apply

If you already use Online Services, you can log in and apply. We'll use your existing details and usually be able to open your account straightaway.

Give us a call

Get in touch on 0845 766 5522.

Pop into branch

We're always happy to see you face-to-face and take you through the application process.

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

^Interest on ISAs is paid tax-free, that is gross with no tax deducted.

ISAs are a savings scheme initiated by the Government and are subject to change by them. For example the favourable tax treatment may not be maintained. You must be 16 or over and a resident in the UK to open a cash ISA.

Coventry Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (firm reference number 150892 www.fca.org.uk). This site is intended for UK residents only. Coventry Building Society. Registered Office: Economic House, PO Box 9, High Street, Coventry CV1 5QN.

Our advisors are available Monday to Friday 8am-8pm, Saturday 9am-5pm, Sunday 10am-4pm, telephone self-service is available 24 hours a day, 365 days a year. Contact your service provider for details of call charges, as costs may vary. Find out why we use an 0845 number here. To maintain a quality service, calls made to and from Coventry Building Society may be monitored and recorded.