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Coventry Building Society Regular Savings Account Interest Rate Reduction
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SaverRate
Posts: 977 Forumite

I've just received the following message from Coventry confirming the interest rate reductions for existing accounts:
I have had a look into this for you. I can confirm that the new rate on your Regular Saver account will be 1.85% gross p.a. This rate will be effective from 6 May 2020.
I have had a look into this for you. I can confirm that the new rate on your Regular Saver account will be 1.85% gross p.a. This rate will be effective from 6 May 2020.
1
Comments
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I see they mention this on their website - surely they should be telling us individually as it's only a fortnight away.0
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They are doing this now. See Regular Savers thread.1
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I just got a email a few mins ago informing of this change and that i'm free to move close the account without charge/penalty etc by 5th June if i choose to. Bit of a shame but I guess to be expected in current climate.
Kev0
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