The interest rate is fixed until 31 May 2026.

We calculate the interest daily and pay it either annually at the end of 31 May each year, or monthly, at the end of the last day of each month.

Annual interest can be added to the account or paid into another suitable account. Monthly interest must be paid into another suitable account.

The interest rate is fixed.

No matter what happens to interest rates generally, we won’t change the rate for this account until it matures at the end of 31 May 2026.

£1,060.46

This would be the balance after 16 months if £1,000 was paid in on 1 February 2025,  all interest was paid back into the account, 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.

Eligibility 

• Must be at least 18 years old and a UK resident 
• You must provide us with your National Insurance number.

How to apply for this account 

• Online
• Call us on 0800 121 8899 
• By post 
• Pop into a branch.

How to manage and keep track of your account 

• Register and use Online Services 
• Register and use our app 
• Call us on 0800 121 8899 
• By post 
• Pop into a branch.

How to put money into your account

You may pay in up to your annual ISA allowance for the current tax year. You won’t be able to pay in more money in future tax years.

You may pay in money to this account, up to your annual ISA allowance, depending on how much money you have already paid into other types of ISA (e.g. stocks and shares).

For the current tax year the ISA allowance is £20,000.

• Pay in cash or cheques in a branch.
• Post us a cheque.
• Set up transfers from an account with another bank or building society or another account with us.
• You can also transfer in current and/or previous years’ ISA savings using an ISA transfer. If you’re transferring in your current year’s savings then you must transfer all of it, as you are only able to pay into one cash ISA with us per tax year.
• This is a limited issue ISA and you have a limited time to pay in. We must receive the first payment into the account, and any other payments in (including ISA transfer instructions) within 14 calendar days of us accepting your application, or while the account is still open to new investors, whichever is longer.
• As you have a limited time to pay in, please be aware that if you do not pay in your full ISA allowance within these timescales, you will not be able to add the remaining funds into the account before the tax year ends. 
• The minimum balance is £1.

You can’t take out part of the money

• After the 14-day ‘cancellation period’, you can’t dip into your money before 31 May 2026
• You can close or transfer the ISA before 31 May 2026, but we will charge you the equivalent to 90 days’ interest on the account balance.

You can close the ISA and keep the money tax-free by moving the money to another ISA with us or another provider, using an ISA transfer. You can also move the money to another Coventry Building Society account, or to your Named Bank Account, but in that case it will lose its tax-free status.

How to close your account

• Arrange an ISA transfer to another provider, without losing the tax-free status of your savings; contact them to arrange this
• To transfer ISA funds to another Coventry Building Society ISA, without losing the tax-free status of your savings, go online, call us or pop into a branch
• Pay money to another Coventry Building Society account or to your Named Bank Account, call us or pop into a branch.

What happens when the ISA’s fixed period ends (matures)

This Centrepoint Fixed ISA 31.05.2026 will mature at the end of 31 May 2026.

We’ll write to you at least 14 days before this to let you know how you can re-invest your savings with us, take out some or all of your money or arrange an ISA transfer out of the account. There will be a default option – another ISA with us. The length of the fixed ISA will either be shorter, the same or no more than six months longer than the duration of your current fixed ISA, and options to take money out will be no more restrictive than those offered by your original account.

At maturity, the money in this account will be automatically re-invested into the default option unless you have asked us to do something else with it. However, you’ll have the option to take money out or even close your new ISA, without being charged within 21 days after the end of your fixed period.

Centrepoint Fixed ISA 31.05.2026 is not a flexible ISA

This account has limited availability

After you’ve opened the account, we won’t contact you to let you know when it closes to new investors. To find out if it’s still available, please contact us. 

How does the donation to Centrepoint work?

Our donation to Centrepoint (Registered Charity No. 292411) will be equal to 0.15% of the total balances invested in Centrepoint Fixed ISA 31.05.2026 as at the end of business on 31 March 2025. This donation is made by Coventry Building Society and is separate from the interest you receive. There are no Gift Aid or other tax implications for you.

Centrepoint doesn't endorse any of our savings accounts.

If you change your mind, you have a 14-day cancellation period after you make your first payment into your Centrepoint Fixed ISA 31.05.2026. Day 1 starts from the day you first pay into your ISA, so if you paid in on the first day of the month, your cancellation period would finish on the fifteenth day of the month. If you do close the account within the 14 days, it will be treated as if this ISA was never opened, so you' d still be able to pay some/all of your annual ISA allowance into another cash ISA in the same tax year. 

^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.

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