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Fixed Rate ISA Taking the best possible care of your money

Fixed Rate ISA (35)

31.05.2018

1.50%

Tax-free^ p.a./AER*
Fixed until 31.05.2018

Limited time to apply and pay in

Read full details here

This is a limited issue account and you have a limited time to pay in.

We must receive your initial deposit and any other deposits (including ISA transfer instructions), either within 14 calendar days of us accepting your application or while the account is still open to new investors, which ever is longer.

After you've opened a Fixed Rate ISA (35), we won't contact you to let you know when it closes to new investors. To find out if it's still available, contact us or check our website here.

Account summary
Apply online
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

Do you want an attractive rate of tax-free interest? Can you put away a lump sum until the end of May 2018? We've designed this ISA for your annual ISA allowance (for 2015/2016 and/or 2016/2017) and/or some or all of your previous years' ISA savings.

  • Save from £1. You have a limited time to pay in (see below)
  • Earn tax-free^ interest on your savings, paid annually on 31 May
  • You may pay in up to your annual ISA allowance for the 2015/2016 and/or 2016/2017 tax years (£15,240 per tax year)
  • You won't be able to pay in more money in future tax years
  • You may also pay in some or all of your previous years' ISA savings
  • You can't make partial withdrawals.
  • If you close or transfer the ISA before 31 May 2018, we make a charge equivalent to 120 days' interest on the account balance.

This is a limited issue account and you have a limited time to pay in

We must receive your initial deposit and any other deposits (including any ISA transfer instructions) within 14 calendar days of us accepting your application, or by 19 April 2016, while the account is still open to new investors - whichever is longer.

After you've opened a Fixed Rate ISA (35), we won't contact you to let you know when it closes to new investors. To find out if it's still available, check back on our website, ask at any branch or call us.

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

Save from £1. You have a limited time to pay in (see below).

  • Pay in by transfer, by cheque at a branch or by post, in cash at a branch, or by ISA transfer (see below).
  • You may pay in up to your annual ISA allowance for the 2015/2016 and/or 2016/2017 tax years (£15,240 per tax year).
  • You won't be able to pay in more money in future tax years.
  • You may also pay in some or all of your previous years' ISA savings (with an ISA transfer, see below).

Re-registering: If your Fixed Rate ISA (35) is opened before 6 April 2016 and you don't pay in anything towards your annual ISA allowance for the tax year which ends on 5 April 2016, you'll have to call us to re-register the account before you can pay in any of your 2016/2017 allowance. (This is an HMRC rule.)

This is a limited issue account and you have a limited time to pay in

We must receive your initial deposit and any other deposits (including any ISA transfer instructions) within 14 calendar days of us accepting your application, or by 19 April 2016 or while the account is still open to new investors - whichever is longer.

After you've opened a Fixed Rate ISA (35), we won't contact you to let you know when it closes to new investors. To find out if it's still available, check back on our website, ask at any branch or contact us.

ISA transfers

In

You may transfer in ISA savings from the current tax year and/or previous tax years. If you apply online, you can do this easily when you apply. If you apply at a branch or by phone, ask us when you apply and we'll arrange the ISA transfer for you. Remember, if you decide to transfer in money you've paid into an ISA in the current tax year, under ISA rules, you must transfer all the deposits you've made in that tax year.

Out

You may transfer out your ISA savings to a different ISA with the Coventry or another provider without losing its tax-free status. Remember: if you move your money with an ISA transfer, the charge still applies (see 'Withdrawals', below).

Withdrawals

  • You can't make partial withdrawals.
  • If you close or transfer the ISA before 31 May 2018, we make a charge equivalent to 120 days' interest on the account balance.

Interest

  • Interest is paid every year on 31 May

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 for:

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 0800 121 8899.

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 without tax deducted.
ISAs are a savings scheme initiated by the Government that 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 Customer Service Centre is open Monday to Friday 8am-8pm, Saturday 9am-5pm, Sunday 10am-4pm.

Calls to 0800 numbers are free when made from the UK. You may be charged for calls to all other numbers, please contact your service provider for further details. We may monitor, record, store and use telephone calls to help improve our service and as a record of our conversation.