4.1% from Coventry

baby_boomer

It's for 5 year (loyal) members (or baggers) only, is fixed for 3 years and the maximum investment is £5,000 but it's the best rate out there at the moment .

It's a "heads you win, tails you don't lose" type of account .

If interest rates stay low you win.

If interest rates rise over time you have a get out clause.

You can close your account subject to 90 days' notice with no loss of interest

Mutuality. Dontcha just luv it .

ManAtHome

Cheers BB - usually manage to miss the 'loyalty' thingies. Coventry seem to be doing the [savings benefits of] mutuality better than most.

[edit] - grrrr, just been through the application, and umpty pages later hit a 'this page out of order' (or similar), so dunno whether I have an account (last time this happened, I ended up with 3 YBS acounts due to re-tries...).

derrick

With a £5000. limit. it isn't very good!

Robert_Sterling_3

That is the one for me. :T :T :T :T :T

Mids_Costcutter

Thanks for highlighting this baby_boomer, but can anyone explain what "open issue" means with regard to a savings a/c? Account summary information states:

"Once your account is open you can make payments into it by cheque, internal transfer or transfer from your bank or building society - but only while it's an open issue"

baby_boomer

It just means that you can make further deposits after opening the account (subject to the £5K upper limit) up to the time Coventry withdraw the account offer.