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Has Coventry BS pulled the 4.85% easy access 4?
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Interest paid in Feb 2026 is taxable in the 2025/6 tax yearsherbie28 said:Letter has been received today stating the account is now open but no mention of the rates. If it states interest will be paid on the anniversary of the account opening (so it will be paid end of Feb 2026), does that mean any interest accrued between Feb 2025 to 5 April 2025 will count towards 24/25 tax year or 25/26 tax year? Parents new to all this tax on savings interest.
My account is still showing as 4.85%. I think Coventry's rate decreases all took effect yesterday so hopefully it stays there until the next base rate decrease.0 -
Yes I checked earlier today mine is showing 4.85, no email to notify rate change either. It was only available c10 days so we are a lucky few.0
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Still at 4.85% for me and no indication that it will change yet!!0
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