50 Plus eSave is back

On Wednesday 27 February, Coventry Building Society will be re-launching its highly successful 50 Plus eSave account.

The 50 Plus eSave account pays a best buy 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.

Rachel Haworth, Head of Marketing at the Coventry said: “We are pleased to re-launch our fixed rate eSave account, particularly at a time when interest rates are falling. The account allows customers to access their money whenever they want and, when many commentators expect interest rates to fall further, they will also benefit from a guaranteed high fixed rate.”

Rachel added: “The account has become a natural extension to our well established and popular Sixty-Plus range and further demonstrates our commitment to this group of customers. As a major UK building society we offer savers the peace of mind that their savings will be safe and I encourage them to take up this opportunity without delay.”

For further information, visit thecoventry.co.uk.