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Call us 0800 121 8899
Contact

Customer Service Centre

We are open but exceptionally busy. Where possible, please leave phone lines free for our most vulnerable customers. 


Opening hours

Monday to Friday 8am-7pm
Saturday 9am-2pm
Sunday closed
Closed on bank holidays 

Free call from mobiles and landlines.


All enquiries 0800 121 8899

Call costs explained


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We've made your account even safer.

We've introduced a new way to log in and use your account that's easier and safer than ever before.

What do I need to do?

Easy Access Saver (7)


£{{interestEarned}} 0.55 {{headlineSup}} question-mark
{{summaryTextReplaced}}
AER*/Gross p.a.
Variable
Important Note - From 8 July 2020, the variable interest rate on this account will be reduced to 0.30% AER*/gross p.a.

Our straightforward easy access account designed to help you build up your savings and keep something set aside for a rainy day.
FSCS logo
Your savings are protected

Your eligible deposits with Coventry Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

For joint accounts eligible deposits are protected up to £170,000.

For further information view the FSCS protect PDF (3.7MB) or visit www.fscs.org.uk.

Easy Access Saver (7) is a straightforward account designed to help you build up your savings and keep something set aside for a rainy day. There are plenty of ways to pay in and when you want to withdraw, simply transfer to your named bank account or another Coventry Building Society account. You can choose to have a statement or passbook to record transactions.

Summary box


Account name
Easy Access Saver (7)
What is the interest rate?
  Annual interest
(Variable)
Monthly interest
(Variable)
Balance AER*/Gross p.a. AER* Gross p.a.
£0.01 plus 0.55% 0.55% 0.55%

We calculate the interest daily and pay it annually, on the anniversary of the date you opened the account, or monthly, at the end of the last day of each month.

Interest can be added to the account or paid away into another suitable account.

Important Note - From 8 July 2020, the variable interest rate on this account will be reduced to 0.30% AER/gross p.a.

Can Coventry Building Society change the interest rate?
The interest rate is variable , so it can go up or down at any time.

For more details about why we may change the rate, as well as how and when we’ll let you know, see our Saving Accounts Terms and Conditions  (section 4).
What would the estimated balance be after 12 months based on a £1,000 deposit?
£1,003.00

This would be the balance after 12 months if £1,000 was paid in, all interest was paid back into the account annually, there was no change to the interest rate and no money was taken out or paid in.

This illustration is just an example to help you compare accounts. It does not take into account any individual circumstances.

This illustration is calculated based on a variable interest rate of 0.30% AER/gross p.a., which is the interest rate effective from 8 July 2020.
How do I open and manage my account?

How to open and manage

  • Online
  • Call 0800 121 8899
  • By post

How to put money into your account

  • Pay in cash or cheques in a branch (please check our opening hours)
  • Post us a cheque
  • Set up transfers from an account with another bank or building society or another account with us
  • You must be aged 16 or over to have a statement version of this account
  • The minimum balance is £1
  • The maximum balance is £250,000.
Can I withdraw money?
This is an easy access account. You can take money out whenever you wish.

How to take money out of your account
Ask for a transfer to another Coventry Building Society account or to your named bank account online, by phone or by post.

If you have a passbook, you can request a transfer to another account with us or any UK-based account in branch (please check our opening hours ), online, by phone or by post.
Additional information

We pay your interest gross.  The gross rate is the interest payable before the deduction of tax.


* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

For full details, please see the Specific Terms for Easy Access Saver (7) and our Saving Accounts Terms and Conditions.


How to keep track of your account

If you choose not to have a passbook, we’ll issue you with a statement within a month of any money leaving your account. But don’t worry, we’ll never send you more than one statement a month.

If you choose to have a passbook and keep it updated, this will be your record of all transactions instead of a statement. If your passbook isn’t updated, we’ll issue you with a statement within a month of any money leaving your account. You can receive your statements by post. Or, if you use Online Services, you can go paperless and we’ll send you reminders to view your statements.

 

If you change your mind

If you open an Easy Access Saver (7) and then change your mind, you can close it anytime. To close the account, call us on 0800 121 8899 or write to us at: Head Office, Economic House, PO Box 9, High Street, Coventry CV1 5QN.


Not sure what to do?

We're keen to help you make the right choice - have a chat with our specialists at any branch or by calling 0800 121 8899.


If you’re not happy with our service

Please let us know. We take care to deal with problems quickly, thoroughly and fairly. You can ask us for a copy of our leaflet ‘What to do if you have a complaint’ which explains the steps we follow when someone reports a problem. If you’re still not satisfied when we’ve finished our complaints procedure, you can take your complaint to the Financial Ombudsman Service. For more information about the Ombudsman Service, visit their website: financial-ombudsman.org.uk

Ways to apply


Call us on
0800 121 8899

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Compare our savings accounts to the market

We believe in being open and honest. We want you to make an informed choice. That’s why we've built this tool to help you compare our accounts with other providers.

This tool uses the latest data from moneyfacts.co.uk, an independent comparison service. Moneyfacts aim to include at least 95% of providers of UK-based personal savings accounts. 

What’s missing? Our tool omits any accounts with special conditions for opening (for example, you have to already hold an account with the provider).

Remember: there’s more to a savings account than just the interest rate. You can compare access terms, how to pay in and other criteria – then make your own mind up.

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Coventry Building Society

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