Coventry BS launches 2.75% cash ISA
Coventry Building Society has announced the launch of a fixed rate Cash ISA, paying a rate above inflation at 2.75% Tax-free p.a. /AER until 31st May 2018.
Available for applications from today for the new tax year, the product is available to new and existing customers.
Colin Franklin, Interim Chief Executive at Coventry Building Society, said:
“News that the Cash ISA limit has been increased to £15,000 has lead to speculation that this will mean lower rates for savers, well not at the Coventry. We are delighted to be launching a market leading fixed rate Cash ISA, with the option of making an additional deposit up to £9,060 from 1st July.”