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.
Children's accounts are designed to help a child start saving for the first time. They teach children about savings and help them develop the habit of saving. They can also sometimes be a way to build up a nest egg for a child when they turn 18.
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*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. The gross rate is the interest rate payable before the deduction of tax.
^Interest on ISAs is paid tax-free, that is without tax deducted.
ISAs are a savings scheme initiated by the Government and are subject to change by them. For example the favourable tax treatment may not be maintained.
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Having a savings account from a young age is a good way to teach your child about money and finance...
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From £1. Some young savers open an account with just a few pounds and add to it each month. Others...
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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.
Get started: Select an account or accounts below to compare them with our account.
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 except for Regular Saver (for example, you have to already hold an account with the provider).
We’ve omitted our Additional Allowance ISA because it’s only available if you've lost your spouse or civil partner and they had ISA savings with us.
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.