Britons who want to put money away could start saving money with a new savings bond offered by Coventry Building Society.
The Society has announced the launch of a new savings bond that offers a guaranteed interest savings rate of 5.15 per cent AER/gross a year.
Customers saving money in this savings bond have the option to have their earned interest calculated on a monthly basis, at an interest savings rate of 4.95 per cent gross.
New and existing customers could open the savings bond with a minimum deposit of £1,000 and a maximum investment of £250,000.
The best buy savings bond has a fixed term until January 31st 2007.
Coventry Building Society is the fifth largest building society and has 49 branches across the UK.
The Society is committed to retaining its status as a building society, so it would be able to continue delivering tangible benefits to its members.
Start saving money with new savings bond
Financial Services > Savings > Savings and Investments News
Start saving money with new savings bond
Thu, 28 Jul 2005
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