Protection
FSCS£120,000
Monthly limit
£1,000
Max balance
No limit
Access
60 days notice or penalty for early withdrawal
Interest paid
Annually
How It Stacks Up
Ranks 37th of 50
Regular savers we track
This account 4.25%
- UK CPI (Aug 2026)
- 3.10%
- Pays 1.15% more
- Average regular saver
- 5.03%
- Pays 0.78% less
- Best regular saver
- 8.00%
- Pays 3.75% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A Good Fit For
- Pro: New and existing savers
- Pro: People who can save a set amount each month
Worth Weighing Up
- Con: The rate is variable, so it can go down
- Con: You can only pay in up to £1,000 a month
Good to Know
£500 Celebratory Bonus if the account has been open for at least 6 calendar months and, within 5 years of opening, you or a family member complete a first-time buyer mortgage with Coventry.
Pay in up to £1,000/month.
Please verify all details with the provider – see our Disclaimer
See all Coventry Building Society accounts
