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Coventry building society withdrawals on restricted account

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  • allegro120
    allegro120 Posts: 1,937 Forumite
    1,000 Posts Second Anniversary Name Dropper
    oz0707 said:
    I've got the previous limited access paying 3.6 I think it's NLA and upto now has been pretty good at maintaining a healthy rate. Would my account be going up also or is it best to switch?
    I ditched my 6 access and opened 4 access.  If Coventry is going to increase then it is likely to affect both.  If not, there will be better offers from other providers.  

    You don't have to switch, just leave £1 to keep the account running in case it might become competitive and open the other one that pays better rates.
  • Rudyson
    Rudyson Posts: 350 Forumite
    Part of the Furniture 100 Posts Name Dropper
    oz0707 said:
    I've got the previous limited access paying 3.6 I think it's NLA and upto now has been pretty good at maintaining a healthy rate. Would my account be going up also or is it best to switch?
    I had the 6 access and the old 4 access, now paying 3.6%. I was told by Coventry I could open the new one and didn't have to close the old ones, so new account open for the 4%, instant internal transfers from the old accounts but leaving a minimal amount in each. If their rate ever goes up to match I have a 14 access account

  • soulsaver
    soulsaver Posts: 6,633 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 20 June 2023 at 11:26PM
    I closed the 6 access ac to get the £1k+ interest (which isn't due for payment for another 4 months) into my new Cov BS 4.0%er.. 
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