Coventry launches fifth issue 1st Class Postal savings account

Coventry Building Society has launched the fifth issue of its popular 1st Class Postal account, again offering a market-leading rate for savers together with the flexibility of easy postal access.

1st Class Postal (5) is a variable rate, easy access postal savings account that offers a best-buy return of 3.00% AER/Gross p.a.  Savers can make four penalty-free withdrawals each year.

Colin Franklin, Sales and Marketing Director at the Coventry, said:  "We are delighted to be launching the fifth issue of 1st Class Postal Savings Account.  With Bank base rate still at an unprecedented low level, savers will be looking for the best possible return on their funds without having to sacrifice access.   Our 1st Class Postal is the perfect solution. We predict it will be very popular so savers should act quickly to avoid missing out."