Coventry’s eSave rolls on for silver surfers

On Thursday 6 September, Coventry Building Society launches the second issue of eSave - its highly successful easy access, online account exclusively for the over 60s.

The new eSave(2) account offers a market leading rate of 6.40% (AER/gross pa), fixed for 12 months from the date of individual account opening. Unlike many other fixed rate accounts, the Coventry eSave allows unlimited, penalty free access. The account is opened and operated online with a minimum investment of £1 (maximum £250,000).

Rachel Haworth, Head of Marketing, comments: “We are pleased to refresh our eSave account which has proved to be highly popular. This account has become an important element of our Sixty-Plus range and further demonstrates our commitment to this group of customers, who we know are very comfortable to deal with their finances online.”

Andrew Hagger, Head of News and Press at Moneyfacts, added: “This table topping deal will certainly appeal to the over 60s who are happy to manage their account online, the combination of a 6.40% (AER/gross pa) fixed rate with the peace of mind that penalty free access brings, is definitely worth a look.”

Customers wishing to apply should log onto thecoventry.co.uk/sixtyplus.