from 120 ratings
120 customers rated their Coventry Building Society savings as 4.3 out of 5 in our Consumer Finance Awards and Reviews.
Customer Service
Flexibility & Fairness
Product Features
Value For Money
Coventry Building Society provides UK residents with a variety of savings options, from variable rate to fixed rate. Coventry Building Society is authorised by the Prudential Regulation Authority (PRA) and regulated by both the Financial Conduct Authority (FCA) and the PRA and has a company reference of 150892. Coventry Building Society is covered within the Financial Services Compensation Scheme (FSCS) and they fully adhere to the Data Protection Act 1998.
Coventry Building Society Junior Cash ISA (1)
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Junior Cash ISA£1.003.25% variable
on £1+
FSCSOnline, Branch, Phone & Post
Coventry Building Society Fixed Rate ISA (24) 30.11.2018
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£1.002.4% fixed
for 4 years
on £1+
FSCSOnline, Branch, Phone & Post
Coventry Building Society Fixed Bond (152) 30.04.2018
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£1.002.25% fixed
until 30 Apr 2018
on £1+
FSCSBranch
Available in branch only.
Coventry Building Society PostSave Easy Access (2)
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£500.001.4% variable
on £500+
FSCSOnline, Branch, Phone & Post
Coventry Building Society Easy Access ISA
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£1.001.4% variable
on £1+
-Online, Branch, Phone & Post
Coventry Building Society Intro Savings Account
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£20.000.85% variable
on £20+
FSCSOnline, Branch, Phone & Post
Coventry Building Society Interest Zone
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.5% variable
on £1+
FSCSBranch
Available in branch only.
Coventry Building Society Instant Access (Online)
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.5% variable
on £1+
FSCSOnline, Branch & Phone
Coventry Building Society St Cross Saver
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£100.000.25% variable
on £100+
FSCSOnline, Branch, Phone & Post
Coventry Building Society Charities Deposit Account
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Business Instant Access Account£1.000.25% variable
on £1+
-Branch & Post
Coventry Building Society Supporters Account
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.25% variable
on £1+
FSCSBranch, Phone & Post
Coventry Building Society BranchSave Instant (passbook)
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£500.000.15% variable
on £500+
FSCSBranch & Post
Coventry Building Society Branch MoneyManager (Passbook)
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£100.000.1% variable
on £100+
FSCSBranch
Available in branch only.
Coventry Building Society MoneyManager
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.1% variable
on £1+
FSCSOnline, Branch, Phone & Post

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Coventry Building Society Savings Reviews

Isa Savings and other saving accounts

by davejj, 4 days ago
good ISA rates
Recommended by davejj

very helpful and friendly staff. staff give advice on products and the best one for you.

we paid a bill through the savings account, it took some time to set up but the staff remained helpful and not rushing. Always plenty of staff on duty so the waiting is kept to a minimum. You can make appointment to see an advisor regarding other saving accounts i.e. bonds.

Customer Service:
Good, I'm happy
Flexibility & Fairness:
Average, could be better
Product Features:
Good, I'm happy
Value For Money:
Average, could be better


Mixed bag from the Coventry

by lisajobby, 6 days ago
Short-term rates
Online banking
Recommended by lisajobby

I have/had 2 ISAs with Coventry. First the good - some building societies have a painful application process but theirs was fairly straightforward and quick. The initial products that I took out paid best in market interest rates but only for fixed periods.

The bad - not flexible with transfers in and a very short window in which to add new money which meant it was difficult to max the products out. Their website is very poor and one of the most frustrating that I have had to deal with - it may be more secure, but I sometimes find it so hard to access (unintelligible username, password and grid card) that I get locked out or I give up because I can't find where the various pieces of information I need are. It just defeats the purpose.

Customer Service:
Average, could be better
Flexibility & Fairness:
Average, could be better
Product Features:
Average, could be better
Value For Money:
Good, I'm happy


Congratulations Coventy Building Society

by elpina, 6 days ago
Excellent Service and Products
Recommended by elpina

I have had an account with the Coventry Building Society for over 5 years and recently applied for a new account, I was amazed at the speed in which it was opened and the internet banking facilities set up, as I also opened an account with another building society which i also had an account with but took weeks.

The Customer Service on the phone are quick, effiecient and very helpfull, and the postal service very good, I have not used any of their branches but would think the service just as excellent.

The products on offer are very competitive and are quickly gone, so you need to apply as soon as they are offered, as they feature in all the financial best buys.

Had no problems with running my account, and the faster payment scheme is great for instant transactions.

Apply or Information at www.thecoventry.co.uk

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Personal savings review available by just making an appointment.

by juliefe82, 6 days ago
Plenty of information.
They didn't follow up.
Recommended by juliefe82

Made an appointment for general advice options for the savings I wanted to make, and well worth the time with an extremely helpful person. No hassle afterwards to join. Form-filling was done on line, and the staff completed the accounts in branch giving me information as they went along. Paperwork arrived in the post, and great password protected access via their website to all my accounts.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


All good, extremely efficient in all respects.

by lowebr, 6 days ago
Easy on line access with good security
Recommended by lowebr

Had our on-line easy access savings account with Coventry BS for a few years, no problems with anything, ever.

I normally shop around and swop accounts regularly to get the best interest rate, but Coventry comes out consistently top so wouldn't dream of changing.

Good security, easy to access, queries always resolved swiftly and courteously.

Very pleased so will remain a loyal customer unless they do something stupid!

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Building Societies

by cathy58, 6 days ago
availablilty
Recommended by cathy58

Always friendy, open Saturdays, very helpful with a wide range of financial products, competitive, seem to be in small towns as well as large making them much more accessible to more people and in more places. Provide a very wide range of products at competitive rates and savings rates are also competitive. No hard sell. Has own website and offers internet access to accounts if required, ie internet banking.
Customer service is alway excellent

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Coventry poppy bond

by jeff96, 1 week ago
One of the best rates available at present
likely to be withdrawn after just a few weeks
Recommended by jeff96

The Coventry Building Society have recently launched a 3 year fixed interest bond at 2.4% gross rate. This is one of the best rates currently available and appears in some best rate tables. I have been a customer of the Coventry Building Society for some years and they often offer some of the best rates of interest on their products. However, these bonds are frequently oversubscribed and are then withdrawn from offer. I hold a similar bond issued a couple of years ago and the offer was only there for a few weeks. A small amount of interest (0.15%) over and above the rate paid to depositors is paid to The Royal British Legion as a donation hence the name of the bond. Since it is extremely difficult to get an interest rate that not only beats the current rate of inflation after tax going forward most savings products guarantee a reduction in the value of savings. Many savings institutions only offer 2% gross if invested for 5 years. If you are over 65 (which I am not) from January the government through NSI has announced that it will launch a new product that will allow investment up to £20,000. Rates could be as high as 4% gross for a 3 year fixed rate bond and 2.8% for a 1 year bond. Details will not be finalised until December but if the rates are this attractive these bonds will probably be oversubscribed on their first day of issue.

Customer Service:
Good, I'm happy
Flexibility & Fairness:
Good, I'm happy
Product Features:
Good, I'm happy
Value For Money:
Good, I'm happy


Highly competitive isa

by richa67, 2 weeks ago
very competitive
not many branches
Recommended by richa67

If you can still get their market leading rate then take it because its a real winner which nobody else can match--i read about the rate back in August following a chance purchase of the Daily Mail as after checking the rate did not appear on Best Buy sites on the internet so always worth checking their website i opened my account with their Nottingham branch where the service was excellent from the Manager plus a cup of tea!!My suggestion would be to give them a trial as they really do offer value for money products

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Coventry Building Society Poppy Bonds

by Roy, 1 month ago
Recommended by Roy

I have used the Coventry Poppy bonds for several years as the fixed interest rate for the coming year is normally near the top of the available rates offered.
The company also makes a Poppy donation too, which is a good charity to support.
The service via mail is always prompt, and I have not had any problems dealing with Coventry BS.

Customer Service:
Excellent
Flexibility & Fairness:
Good, I'm happy
Product Features:
Good, I'm happy
Value For Money:
Good, I'm happy


Coventry online savings account

by kes_jo, 1 month ago
Online access. User friendly website. Helps fund a worthwhile charit.
Not the highest interest rate around
Recommended by kes_jo

Account was very easy to set up as all done online.
Once set up, the security measures are more long winded than most companies with passwords and grid keys, but having said that I feel more confident in these measures than just using a password.
I have a charity account which means that I am able to give to a good cause whilst saving - although the interest rate reflects that I guess.
The rate of my account has been dropping lately and I need to consider other savings options but based on my experiences with Coventry Building Society I would definitely look at other options within this company.

Customer Service:
Good, I'm happy
Flexibility & Fairness:
Good, I'm happy
Product Features:
Good, I'm happy
Value For Money:
Good, I'm happy


Savings Account Companies