The Coventry 50 Plus Notice savings account is ideal for investing £10,000 or more, and it's exclusive to anyone aged 50 or over. Should you need to access your money in a hurry, a withdrawal can be made notice-free subject to a charge equivalent to 60 days' interest on the amount withdrawn.
The rate of interest is currently 1.70% AER/gross p.a. (variable) which includes a 0.60% AER first year bonus. If you choose the monthly interest option the rate is 1.69% gross p.a., 1.70% AER.
1.70% AER*/gross p.a. (variable) |
- Exclusive to those aged 50 or over
- Penalty-free access subject to 60 days notice
- Invest any amount between £10,000 and £250,000
- Annual and monthly interest options available
- Rate includes a first year bonus of 0.60% AER
Account info »
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Applying for your account
You can apply for your 50 Plus Notice account online, by telephone or in a branch.
You may only ever open one 50 Plus Notice account, either solely or jointly, regardless of however many issues there are. You may not open a 50 Plus Notice account if you have opened a Sixty-Plus 60 Day Notice account.
Managing your account
Once opened, you can manage your 50 Plus Notice account by telephone or at any of our branches. If you would also like to manage your account online, all you need to do is simply register for Online Services.
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*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.