Full product details for the Coventry Building Society Coventry First current account, including account details, application criteria, facilities, rates, overdraft, fee & charges, incentives, student & graduate incentives and business accounts.
from 3 ratings
3 customers rated their Coventry Building Society current account as 4.3 out of 5 in our 2010/2011 Consumer Finance Awards.
If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).
Account Type
overdraft
high interest
Monthly Charge
£0
There is no monthly charge.
Minimum Monthly Credit
£1,000
The minimum monthly credit is £1000.00. If customers do not make the minimum monthly credit the interest rate payable will be 0.95% gross/AER, including the 0.85% AER bonus.
Interest Free Overdraft Limit
£250
The interest free overdraft limit is £250
Standard Overdraft Rate
0%
There is no authorised overdraft EAR.
Headline Interest Rate
1.1%
The headline interest rate is 1.10% AER.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
There is no minimum investment.
Internet Banking
yes
Internet banking is available.
Branch Banking
yes
Branch banking is available.
Telephone Banking
yes
Telephone banking is available.
Account Promotions
no
There are no incentives offered with this account.
Application Criteria
Joint Account
yes
Joint applications are accepted.
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit
£1,000
The minimum monthly credit is £1000.00. If customers do not make the minimum monthly credit the interest rate payable will be 0.95% gross/AER, including the 0.85% AER bonus.
Minimum Contract Term
0 months
Not applicable.
Minimum Age
21 years
The minimum age to open this account is 21 years.
Maximum Age
Unlimited
The maximum age is unlimited.
Minimum Income
£0
There is no minimum income required to open this account.
Minimum Investment
£0
There is no minimum investment.
Maximum Investment
£250,000
The maximum investment is £250000.
Student Bank Account
no
This is not a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions that apply to this account
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