A great perk of membership
Privilege Saver is an exclusive savings account with a special rate for our longer-term members. Provided you've been with us for five years or more you can get a great rate on your savings and enjoy unrestricted access to your money whenever you like - simply drop into your nearest branch.
- Invest between £1 and £5,340 in any single tax year
- Exclusively for members who have been with the Coventry continuously for five years, as at the end of the current tax year and who have not contributed to a Privilege ISA in the same tax year
- Enjoy a special rate of 1.20% AER*/gross p.a. (variable) paid annually
- Access your savings without notice or penalty whenever you like in branch
*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.
