Coventry BS launching tomorrow 6 April Fixed Loyalty cash ISA 4.4%

Contador38

Juat received an email from Cov BS announcing they are launching a Fixed cash ISA to loyal customers paying 4.4%

Loyalty Fixed ISA (1) 31.05.2024‌

4.40%

tax-free p.a./AER*

(Fixed until ‌31.05.2024‌)

No idea why, my wife has not yet received a similar e mail.

We have both had numerous accounts with Cov BS for many many years.

TiVo_Lad

Have they indicated what the Loyalty criteria is/are?

alternate

usually it is for existing customers

daaave

No transfers in. Says so on Coventry homepage.

allegro120

TiVo_Lad said:

Have they indicated what the Loyalty criteria is/are?

No, they just said that I can login, view and open it tomorrow.  No other details except it's 4.40% fixed until 31.05.2024‌.  Good timing, I was going to fund my 4.25% loyalty YSB tomorrow morning.

allegro120

Contador38 said:

Juat received an email from Cov BS announcing they are launching a Fixed cash ISA to loyal customers paying 4.4%

Loyalty Fixed ISA (1) 31.05.2024‌

4.40%

tax-free p.a./AER*

(Fixed until ‌31.05.2024‌)

No idea why, my wife has not yet received a similar e mail.

We have both had numerous accounts with Cov BS for many many years.

I received mine @13:16.  They don't send them all in one go, so your wife will probably get one later today.

TiVo_Lad

allegro120 said:

TiVo_Lad said:

Have they indicated what the Loyalty criteria is/are?

No, they just said that I can login, view and open it tomorrow.  No other details except it's 4.40% fixed until 31.05.2024‌.  Good timing, I was going to fund my 4.25% loyalty YSB tomorrow morning.

I was similarly just about to hit send on the Santander (disloyal) 1 Year Fix. I've not yet had the eMail so will wait with trepidation. As I already have the EA ISA with Coventry it should (hopefully) be easy enough to move everything across.

EDIT: Although apparently not as it doesn't allow Transfers. Still, it means I'll get the £50 Voucher from Santander now as I wasn't originally going to transfer all the Coventry funds.

LeafGreen

I transferred away from Coventry recently!  Waiting until tomorrow to see what rates are available for my new 2023 allowance.

CMol723

allegro120 said:

Contador38 said:

Juat received an email from Cov BS announcing they are launching a Fixed cash ISA to loyal customers paying 4.4%

Loyalty Fixed ISA (1) 31.05.2024‌

4.40%

tax-free p.a./AER*

(Fixed until ‌31.05.2024‌)

No idea why, my wife has not yet received a similar e mail.

We have both had numerous accounts with Cov BS for many many years.

I received mine @13:16.  They don't send them all in one go, so your wife will probably get one later today.

Also long time with various Cov products here but no ISA email...... yet.  Fingers crossed I'm somewhere in the queue - I was planning to open a Virgin 4.11% tomorrow......

begbeer1987

showing on there website at the moment, will log. in tomorrow and hope I can open it

[Deleted User]

I telephoned Coventry to ask, since I have a fixed (non ISA) savings account with them which matures at the end of April.  On maturity I thought it would be good to use the matured funds and fund the 4.4% Coventry loyalty ISA, hoping, if possible, to add some savings to the ISA as the year progresses.

It seems that I can open the new 4.4% Coventry loyalty ISA but, if opened tomorrow, will only accept subsequent deposits for 14 days or for as long as the 'offer' is open.

It looks as if I'll have to wait and look for a flexible/non fixed rate ISA or (if I open the Fixed ISA  tomorrow) I won't be able to add any more to the Coventry one as this 'new' ISA year goes on.

Am I right in thinking that, if I open this Coventry ISA, then after 14 days when I cannot add savings to it, I won't be able to have another ISA anywhere this tax year?

Thank you for any confirmation.