Coventry re-launches Poppy Online Saver account

Back by popular demand - Coventry Building Society is re-launching the popular Poppy Online Saver, with a market-leading rate of 3.15% AER.

Since the range of Poppy Savings products were first launched in 2008 they have raised over £5 million for the Royal British Legion.

The Poppy Online Saver (2) is an easy access online savings account which allows four penalty-free withdrawals each year, with further withdrawals also possible with the loss of just 50 days interest. The account, which is operated entirely online, can be opened with as little as £1 and a maximum investment of £250,000. The Coventry will make a donation of 0.05% of the average balances held in Poppy Online saver for each 12 month period.

Colin Franklin, Sales and Marketing Director at Coventry Building Society, said: "Poppy Online Saver was very popular with savers when it was introduced earlier this year, so we have decided to launch a second issue. Savers will receive a market leading rate of 3.15% AER with easy access and at the same time will help the Coventry support the Royal British Legion Poppy Appeal. The work of the Royal British Legion continues to be as important and relevant as it has ever been and we are hoping this new Poppy Online Saver will lead to another fantastic donation".

To find out more and apply visit thecoventry.co.uk.