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Interest rates falling... not this one
Coventry Building Society, the fourth largest building society in the UK, has announced its 50 Plus eSave account will remain fixed at 6.25%.
The competitive rate of 6.25% (AER/gross pa) is fixed for 12 months and allows allows unlimited, penalty free access.
Rachel Haworth, head of marketing at the Coventry comments: "Following today's Bank of England MPC announcement, I am delighted to announce that our 50 Plus eSave account is still available and remains fixed at a great rate. The reassurance of a fixed rate from the UK's fourth largest building society is sure to be attractive to savers in this current financial climate."
The account, which is exclusively for the over 50s, is opened and operated online, with a minimum investment of £1.
Searching for the right savings account? Take a look at Moneyextra's guides to saving and investing.
10 October 2008 © Moneyextra.com
Moneyextra.com recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.