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 into another suitable account.

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).

£1,048.30

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.

Eligibility

• You must be aged 16 or over to open this account.

How to apply for this account

• Online
• Joint accounts can be applied for online and we'll post the application form to you for completion
• When you apply for the account, you must provide us with a valid email address for each account holder.

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

How to put money into your account

• Pay in cash or cheques at a branch
• Post us a cheque
• Set up transfers from an account with another bank or building society to another account with us. To do this you will need the last 8 digits of your account number and sort code 40-63-01
• The minimum balance is £1
• The maximum balance is £250,000.

This is a limited access account. You can take money out of your account up to three times a year without having to pay a charge. From the fourth withdrawal onwards (which can include closure), you’ll receive a charge equal to 50 days’ interest based on the amount you’re withdrawing. The charge will be deducted from the balance of the account, at the time of the withdrawal. Each ‘year’ in this case starts on the anniversary of the day you opened the account.

How to take money out of your account

• Pay money to another Coventry Building Society account online
• 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.

This account is a limited issue, so we may stop accepting applications at any time. You can only have one Triple Access Saver (Online) (5) at a time. We pay your interest gross. The gross rate is the interest payable before the deduction of tax.

* AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year.