Easy Access Saver (7)
Registered for online services?
Easy Access Saver (7)
Account overview
Summary box
Account name
What is the interest rate?
Annual interest (Variable) |
Monthly interest (Variable) |
||
---|---|---|---|
Balance | AER*/Gross p.a. | AER* | Gross p.a. |
£0.01 plus | 2.65% | 2.65% | 2.62% |
We calculate the interest daily and pay it annually, on the anniversary of the date you opened the account, or monthly, at the end of the last day of each month.
Interest can be added to the account or paid away into another suitable account.
Can Coventry Building Society change the interest rate?
The interest rate is variable, so it can go up or down at any time.
For more details about why we may change the rate, as well as how and when we’ll let you know, see our Saving Accounts Terms and Conditions booklet (section 4).
What would the estimated balance be after 12 months based on a £1,000 deposit?
£1,026.50
This would be the balance after 12 months if £1,000 was paid in, all interest was paid back into the account annually, there was no change to the interest rate and no money was taken out or paid in.
This illustration is just an example to help you compare accounts. It does not take into account any individual circumstances.
How do I open and manage my account?
Eligibility
- You must be aged 16 or over to have a statement-based version of this account.
How to apply for this account
- Online
- Call us on 0800 121 8899
- By post
- Pop into a branch.
If you would like a passbook or if you’re under 16, you’ll need to pop into a branch or give us a call.
Joint accounts applied for online or by phone will need an application form sending via post for you to complete.
How to manage and keep track of your account
- Register and use Online Services
- Register and use our app
- Call us on 0800 121 8899
- If you have a passbook, pop into a branch.
How to put money into your account
- Pay in cash or cheques in a branch
- Post us a cheque
- Set up transfers from an account with another bank or building society or another account with us
- The minimum balance is £1
- The maximum balance is £250,000.
If you don’t have a passbook (or you have one but don’t keep it updated), you’ll get a statement within a month of any money leaving your account.
We won’t send more than one a month. If you have a passbook and keep it updated, there’s no need for statements.
You can get statements by post, or go paperless if you use Online Services.
Can I withdraw money?
This is an easy access account, so you can take money out whenever you wish.
How to take money out of your account
- Pay money to another Coventry Building Society account online, call us or pop into a branch.
- Pay money to another Coventry Building Society account in your name via our app.
- Pay money to your Named Bank Account online or via our app, call us or pop into a branch.
- Request cheques by post.
If you have a passbook, you can request a transfer to another account with us or any UK-based account in branch, online by phone or by post. You can also ask for cash or cheques at any branch.
Additional information
We pay your interest gross. The gross rate is the interest payable before the deduction of tax.
If you open an Easy Access Saver (7) and then change your mind, you can close it anytime.
* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.
Application checklist
Easy Access Saver (7)
Want help?
Our help section is bursting with useful information. If you'd rather chat, just give us a call.
Call us on 0800 121 8899
- Mon-Fri 8am-7pm
- Saturday 9am-2pm
- Sunday & Bank holidays Closed
Yesterday, people waited on average
17 seconds for savings enquiries
17 seconds for mortgage enquiries
Want help?
Our help section is bursting with useful information. If you'd rather chat, just give us a call.
Call us on
0800 121 8899
Saturday
Sunday
9am - 2pm
Closed
Closed
Closed
8am - 2pm
Yesterday, people waited on average
34 seconds for savings enquiries
12 seconds for mortgage enquiries