Fix now with Coventry’s 50 Plus eSave

Following today’s base rate reduction, the interest rates on many top paying variable savings accounts in the market place will be cut.

Coventry Building Society’s 50 Plus eSave account stays fixed at a best buy 6.40% (AER/gross pa).

This popular account, available exclusively to the over 50s, will continue to earn a cracking 6.40% (AER/gross pa). Not only that, the rate is fixed for 12 months from the date of individual account opening and, unlike many fixed rate accounts, it also 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: “With many commentators predicting further interest rate reductions in 2008, now is the time to fix and fix high. With customers benefiting from unlimited penalty free access, Coventry’s 50 Plus eSave is simple, flexible and fantastic value.

“But as with Christmas, it won’t be around all year. Savers should get in quick to take advantage of this great fixed deal with a rate nearly 1% above Base.”

Customers wishing to apply should visit thecoventry.co.uk.