Sixty-Plus eSave just got younger

Coventry Building Society is extending its highly successful Sixty-Plus eSave account to the over 50s.

The 50 Plus eSave account pays a market leading rate of 6.40% (AER/gross pa) which is fixed for 12 months from the date of individual account opening. Unlike many other fixed rate accounts, the Coventry’s 50 Plus 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 at the Coventry said: “We are pleased to enhance our savings range for the older generation by now offering this account to the over 50s. This is a natural extension to our well established and popular Sixty-Plus range. Many savers have asked for this and we are confident that the account will be well received.

“The account allows customers to access their money whenever they want. At a time when many commentators expect interest rates to fall, customers will also benefit from the added security of the fixed rate. The account will be available for a limited period only and I would urge savers to take up this opportunity without delay.”

Further details of the 50 Plus eSave account, visit thecoventry.co.uk.