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Coventry Building Society Regular Savings Account Interest Rate Reduction

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.

Comments

  • 1882
    1882 Posts: 497 Forumite
    Part of the Furniture 100 Posts
    I see they mention this on their website - surely they should be telling us individually as it's only a fortnight away.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    They are doing this now. See Regular Savers thread.
  • kev2009
    kev2009 Posts: 1,113 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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.
    Kev
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