Coventry Building Society Family 1st Saver Account

Compare the Coventry Building Society Family 1st Saver Account with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.utilities betting mortgages
Coventry Building Society This Product Is No Longer Available

Coventry Building Society no longer offer the "Family 1st Saver Account".

You can find an alternative savings by selecting one of the following options;

For comparison, here are the details of the Coventry Building Society Family 1st Saver Account before it was withdrawn:

Savings Details 
Account Type:Instant Access
Rate Type:The type of interest rate is variable.
Headline Interest Rate:The headline interest rate is 3.50% AER.
Interest Rate Guarantees:For the first 18 months from the date the account is opened, the AERs are guaranteed to equal the Bank of England base rate.
Application Criteria 
Existing Customer Only:No
Minimum Age:The minimum age is 16 years.
Restricted Availability:This account is for any other money (apart from Child Benefit) which is paid into Family 1st.This account forms part of the Family 1st Account. When the Benefit Account is opened a Saver Account will automatically be opened at the same time.
Area Restrictions:There are no area restrictions.
Minimum Investment:There is no minimum investment however interest will be paid from £1.
Maximum Investment:The maximum investment is £500000.
Minimum Balance:There is no minimum balance.
Open to UK Residents:This product is available to UK residents.
Introductory Rates 
Introductory Bonus:
An AER bonus of 0.50% is payable.


  Gross Rate  Gross Rate  AER
  Excluding Bonus  Including Bonus  
£1   3.00%    3.50%    3.50%
Incentives Offered:There are no free gifts or incentives offered with this account.
Rates 
Tax Free:This account is not tax free.
Open-ended Bonus:No open ended bonus payable.
Bonus Payment Conditions:Bonus Conditions -
An introductory bonus is payable for the first year.
Rate Tiers:
  Gross Rate  Gross Rate  AER
  Excluding Bonus  Including Bonus  
£1   3.00%    3.50%    3.00%
Interest Payment Freq:Interest is paid monthly.
Managing Account 
Instant:This is an instant access account.
Passbook:A passbook is not issued.
Transactions at Branch:Transactions can be made at a branch.
Statement Frequency:Statements are issued quarterly.
Transactions by Phone:Transactions can be made by phone.
Transactions by Internet:Transactions can be made by the internet.
Transactions by Post:Transactions cannot be made by post.
Special Access:Withdrawals can be made by transfer to another account, by cash via an ATM, or by cheque at the branch (min £250.00).
Withdrawal Conditions:
Withdrawal Conditions -
Withdrawals can be made by transfer either to another Coventry account or nominated bank or building society account or by cash via a cash machine.Withdrawals can also be made by cheque at the branch subject to a minimum withdrawal of £250.00.
Fees & Charges 
Penalty on all Wdls:There is not a penalty on all withdrawals.
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