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Fixed Rate ISAs Taking the best possible care of your money
  • 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?

Choose from one of our fixed rate ISAs below and fix the interest on your savings for either five or four years.

5 Year

Fixed Rate ISA (30)
31.05.2020

A tax-free^ fixed rate of 2.30% p.a./AER*
until 31.05.2020

2.30%

Tax-free^ p.a./AER*
Fixed until 31.05.2020

Login & apply
Select 'Login & apply' if you already use Online Services, as we'll usually be able to open your account straight away.

4 Year

Fixed Rate ISA (27)
31.05.2019

A tax-free^ fixed rate of 2.10% p.a./AER*
until 31.05.2019

2.10%

Tax-free^ p.a./AER*
Fixed until 31.05.2019

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 one of our Fixed Rate ISAs.

Our Fixed Rate ISA (30) and Fixed Rate ISA (27) are cash ISAs designed for your 2015/2016 ISA allowance.

  • Deposit up to £15,240 which is your 2015/2016 ISA investment limit, dependent on any stocks and shares subscription you may make 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, paid annually on 31 May
  • Early closure subject to a charge of 120 days' interest on the closure balance
  • Partial withdrawals not available before maturity

Important information:

We must receive your initial deposit, and any other deposits, either within 14 calendar days of us accepting your application or while the account is still open to new investors, whichever is longer. To find out if a Fixed Rate ISA is still open to new investors, you can check back on our website here, ask at any branch, or call us.

We will not contact you to inform you when the account is no longer available to new investors.

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 the Fixed Rate ISA 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 £15,240 (your annual ISA allowance for the 2015/2016 tax year). The amount you can deposit depends on any money you may pay into a stocks and shares ISA this 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

We must receive your initial deposit, and any other deposits, either within 14 calendar days of us accepting your application or while the account is still open to new investors, whichever is longer. To find out if a Fixed Rate ISA is still open to new investors, you can check back on our website here, ask at any branch, or call us.

We will not contact you to inform you when the account is no longer available to new investors.

Please note: if you've already deposited some or all of your 2015/16 ISA allowance, either with us or another ISA provider, you can transfer this, in full, to a Fixed Rate ISA (30) or Fixed Rate ISA (27). Contact us for more information.

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 31 May each year

How to apply

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

Apply online for:

Fixed Rate ISA (30) 31.05.2020
Fixed Rate ISA (27) 31.05.2019

It's quick, easy and secure.

Log in and apply for:

Fixed Rate ISA (30) 31.05.2020
Fixed Rate ISA (27) 31.05.2019

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 Opens new website in another window). 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.