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Does this rate change affect my Coventry savings account? 

It depends on the type of account you have with us:

Fixed - your account won't be affected because the interest rate is set for an agreed length of time.

Variable - your account might be affected. The following accounts will see rate reduction:

View new savings rates, effective 16 March 2018

If we’ve decided to decrease the rate on your savings account, we’ll contact you personally no later than Friday 2 March 2018:

  • If you have an online account with a valid email address, we'll contact you by email.
  • If you have another type of account, we’ll contact you by post.
  • If you have several accounts with us, we’ll contact you separately about each account if the rate is reducing.