Coventry Building Society Cash ISAs
Coventry Building Society currently offers two cash ISAs to new customers - a Junior Cash ISA, and a Fixed Rate cash ISA. Use the table above to compare top cash ISA rates:
Coventry Building Society Junior Cash ISA - The Coventry Junior Cash ISA is a great way of saving for children under the age of 18 as it's tax-free. You can put up to £4,128 in the Junior Cash ISA in the 2017/2018 tax year. Anyone can pay money into a Junior Cash ISA - parents, grandparents, other family members and friends. Earn a great variable rate, tax-free. Interest is paid annually to the account on 30th September each year.
Coventry Fixed Rate Cash ISA - This plan offers savers a fixed interest rate, tax-free, paid annually on 31 May each year. You will need to put your full ISA allowance into a Coventry fixed rate ISA in a single deposit - for the 2017/18 tax year, this is set at £20,000. Transfers of previous years' ISA funds and subscriptions in the future tax years' are not permitted. Early closure of the account will be subject to a charge equivalent to 120 days' interest on the closure balance. Partial withdrawals are not permitted
History of Coventry Building Society
Coventry Building Society was founded in 1884 to be precise as the Coventry Permanent Economic Building Society. By the beginning of the First World War it had become the largest building society in the area. In 1983, following a merger with Coventry Provident Building Society, it became known as Coventry Building Society. Today, following the merger with Stroud & Swindon Building Society on 1 September 2010, Coventry has over 1.5 million members and employs over 1,600 staff..