Coventry BS to increase interest rates

SJMALBA

New CBS Savings Rates -

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

apt

Another poor effort from Coventry. Most rates only increasing by 0.25%.

southone

apt said:

Another poor effort from Coventry. Most rates only increasing by 0.25%.

Limited Access Saver goes from 1.34% to 1.54% monthly from 1 sept, not even half BOE increase

Contador38

I am happy with getting 1.85% for my 4 Access account.
And I have found them pretty reliable and friendly.

SJMALBA

Contador38 said:

I am happy with getting 1.85% for my 4 Access account.
And I have found them pretty reliable and friendly.

I'll be holding onto my 'Four Access Saver', too.

My EA (Online) (4), however...

Rudyson

Contador38 said:

I am happy with getting 1.85% for my 4 Access account.
And I have found them pretty reliable and friendly.

I'm happy with that as well

4justice2

Easy Access online up by 0.20 to 1.55%, but Easy Access online ISA up 0.30 also to 1.55%. First time I think the ISA and non ISA have been the same.

phillw

Contador38 said:

I am happy with getting 1.85% for my 4 Access account.
And I have found them pretty reliable and friendly.

I culled that in a clear up a while back, who would have thought they might become relevant again..
But I suspect it will be short lived.

RobfromCornwall

4justice2 said:

Easy Access online up by 0.20 to 1.55%, but Easy Access online ISA up 0.30 also to 1.55%. First time I think the ISA and non ISA have been the same.

I suppose now that for most people the tax free status of ISAs is irrelevant, they are competing with other easy access or fixed access accounts (notwithstanding S&S ISAs). 

RG2015

phillw said:

Contador38 said:

I am happy with getting 1.85% for my 4 Access account.
And I have found them pretty reliable and friendly.

I culled that in a clear up a while back, who would have thought they might become relevant again..
But I suspect it will be short lived.

You're not alone. It fell so far against non restricted easy access accounts, I saw no point in keeping it.

It's even more annoying as I generally don't close old accounts, and I just did it because Coventry make it so easy to close accounts.

But you are correct that it will be short lived and not really a significant loss.