Coventry serves up ace rates

Activity at Wimbledon might have come to a standstill but Coventry Building Society is still serving up great rates for its savers.

The new fixed rate bonds will be launched on Friday 6 July. A minimum investment of £1 is required (maximum £250,000) and each bond also offers a monthly income option. One rate of 6.55% (AER/gross pa) is on offer and customers have a choice of a one, two or three year period:-

6.55% fixed until 31 August 2008
6.55% fixed until 30 June 2009
6.55% fixed until 30 June 2010

Commenting, Rachel Haworth, Head of Marketing at the Coventry said: “These new bonds are as hot as Centre Court tickets! We know they’ll be really popular with customers who are looking for a top rate of return on their savings and it’s such a good time to invest - fixed bond rates haven’t been as high as this since Pete Sampras won his last Wimbledon title in 2000!”