Has Coventry BS pulled the 4.85% easy access 4?

DRS1

sherbie28 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.

Interest paid in Feb 2026 is taxable in the 2025/6 tax year

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.

poolboy

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.

mikeyp231987

Still at 4.85% for me and no indication that it will change yet!!