Coventry Building Society pulling best buy cash Isa
Coventry Building Society is closing its best buy cash Isa, so act now if you want to take advantage of the account, which currently pays 2.8% AER, with a 0.6% bonus for a year.
Application packs will no longer be available for the its 60 Day Notice Isa (issue 3) after midnight tonight.
Coventry must receive completed forms and opening deposits (minimum £1) by Friday 5 April (see our Isa guide for all the best rates).
This is a notice account, so if you need to withdraw money you'll have to wait 60 days to get your cash or, if you can't wait, pay a penalty of 60 days' interest on the amount withdrawn.
The Coventry account does not accept transfers from orevious years' Isas — for accounts that do, see our Cash Isa Transfers guide.
This year's cash Isa allowance of £5,640 — the amount you can save tax-free each year — runs out on 5 April. If you don't use the allowance, you'll lose it.
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3 December 2024
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