Our Coventry 50 Plus eSave account is part of our ongoing commitment to give excellent products and great service. And it's exclusive to those aged 50 and over. Quite simply, 50 Plus eSave combines a great rate of interest with easy penalty-free access to your savings online.
The interest rate is fixed at 3.25% AER*/gross p.a. for the first year from the date you open your account, after which the rate becomes variable. If you choose the monthly interest option the rate is 3.20% gross p.a., 3.25% AER.
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- Exclusively for the over 50s
- Best buy rate, fixed for one year
- Invest from £1 to £250,000
- Annual and monthly interest options available
- Earn interest from the day of your deposit
- Limited availability so apply online now
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Everything from applying to operating your 50 Plus eSave account is done online.
As soon as your account is opened we'll automatically arrange access to our Online Services for you. And if you don't already have passwords set-up we'll contact you by post to arrange for you to select them.
Then whenever you want to take out some money just log on and arrange a transfer to your nominated account, or to another Coventry account. Withdrawals cannot be made at a branch, by phone or by cheque.
*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.