Mar 3 2006
Coventry Building Society has launched a new combined current and savings account offering 5.10 per cent interest.
Balances up to £250,000 will receive the 5.10 per cent interest rate and the account can be operated by either internet, telephone, post or branch.
The instant access account has a £250 interest free overdraft and requires a minimum monthly investment of £1,000.
There are no monthly fees and no initial minimum investment.
David Stewart, Coventry spokesman, said: "With no hidden catches, Coventry First offers the best of both worlds enabling customers to effectively manage their finances in one place.
"I would encourage customers not to be complacent with their finances - they can open an account quickly and easily and we have a dedicated team in place to help them switch if they wish."
