Coventry: New members' bond
Monday, 10 Dec 2007 17:29
Coventry Building Society is launching a new members' bond on Tuesday December 11th 2007.
The bond is open to long-standing customers – who have been with Coventry for over five years – and offers 6.55 per cent AER/gross pa until December 31st 2010.
Customers can invest from £1 to £5,000 – or £10,000 for joint account holders – and offers the option of a monthly income.
Rachel Haworth, head of marketing at Coventry, said: "We are always looking for ways to put our members first and this is one way we reward loyalty.
"Existing customers who have been with us for five years can take advantage of this limited offer and fix their savings at a highly competitive rate – particularly attractive at a time when many commentators are predicting further reductions in interest rates."