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Coventry Building Society: Savings reviews

Name: Savings
Rating: 4.19 (108 reviews)

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4.31

Based on 108 reviews, last reviewed 4th Sep 2024

200% increase in 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

64%

18%

13%

Latest highest rating:

5

A good account for small savers Opening an account online was a quick and easy experience. The interest rate is excellent and the added bonus of a monthly prize draw mad it even more... Read more Reviewed on: 4th September 2024

Latest lowest rating:

1

Coventry building society used a forged mortgage. Coventry building society used a forged mortgage to seize an oaps home. The court case caused him to stop eating and taking his medications. He died d... Read more Reviewed on: 19th July 2024

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About this product

Coventry Building Society savings reviews can help you to find out more about life at Coventry Building Society. How easy is it to contact Coventry Building Society? And how friendly are they? Our Coventry Building Society savings reviews can help you to find out information like this. Smart Money People is an independent source of honest reviews.

Coventry Building Society Savings reviews (108)

Review of the Coventry Building Society, Savings:

Not The Leading, But The Best For Us

I opened a regular savings account with Cov BS a year ago. This was quick and easy to request online. Forms arrived soon after in the post, which required signatures. I returned these in a pre-paid envelope, and my account was opened in just over a week. Internet banking/log in is scure, and I receive regular emails inviting me to view our statement online. I have telephoned once, and visited in-branch once for unrelated reasons - the customer service I received in both instances was quick, professional and friendly. Email communication is regular, clear, and concise. I also regularly participate in a Coventry BS panel along with other account holders and also Cov BS staff members to discuss all aspects of banking with Cov BS, to participate in polls, and to answer questions (sometimes with the chance of winning a reward). Since opening my regular savings account the interest rate has risen several times in line with the base rate, and this is always acted upon promptly. I have since opened an easy access account. I like the set up of the society and its internet banking, which is easy to navigate, and easy to set up payments to. I feel my money is safe - there are no shareholders to satisfy! On that basis, I have no reason to consider changing to another bank or building society. Reviewed on: 10th March 2023

Pleasant Surroundings

Any changes in interest rates company sends mail and emails promptly. Reviewed on: 24th August 2023

Absolutely terrible

Tried to withdraw funds using electronic trf but their system defaults to my full christian name so my bank did not recognise it. Told to complete withdrawal form for a cheque. 2 weeks later this was rejected because I opened the a/c online and they need specimen signature. Cut a [very] long story short - am still waiting for funds 4 weeks later. Staff all say different contradictory things. Phone line cuts you off. Poorest I have experienced in a very long time. Reviewed on: 18th August 2023

Great rates, increases quickly passed on.

Coventry BS have competitive rates and I like that they are a Building Society rather than a bank. They keep me updated about Bank of England rate rises and are quick to increase their own rates. Reviewed on: 11th August 2023

Easy & Competetive

Always ahead of the pack for increasing interest credits. Coventry keeps in touch and easy for communicating. Reviewed on: 8th August 2023

MASSIVE FAIL!

Coventry Building Society account number 23683694 Coventry Building Society! I was always talking good way to my friends and brokers.... until I try to port my loan to another property. Coventry you hurt my so much! You broken me, you broken all my dreams all I was working extremely hard for 15 years! You are desgusting how you handle this case with porting my mortgage. I am absolutely broken now and efect my health condition currently! You can't imagine what you did to us. We came so far with selling my house, found the buyer, start proceeding with solicitor, buyer paid for the searches. I Also found property for myself, start proceeding, paid for the searches, so many people was involve with this transaction, brokers estate agents. We all waste money and 5 months from the selling my property to find out that you decline my mortgage. You wasted 2 months waiting and providing information from the time the aplication was sent to port the mortgage. You broke everything... bsolutely everything. We was very soon looking to complete this transaction. So many peope involved witht this one and you decision broke everyone dreams. Buyer received mortgage offer from his lender as well. My broker was working extremely hard in my case. I can't believe you decline. I just still can't believe what you did. I completed with property and after the time I try to sell the property because of the Street I live is unsafe. The people are very danger there and me and my partner we very worry of our safety. We have to always make sure our door and Windows are close all the time. I was attack few times already. We have group of people every evening in front of our house shouting, they are very agresive and doing strange things. We dont see our future at this house and make happy family at that house. Coventry you broke us! In first place you agreed to port our loan to another property and said the offer will bee issued in 48hours then you change the mind and decline. You waste my money i paid for searcher the property I was trying to purchase. What you did to us! Reviewed on: 24th June 2023

Rewards Long Term Savers

Always has near the top of the league savings rates and even better, rewards loyal customers with better rates than new customers Reviewed on: 11th April 2023

Good reliable concern

The staff at the Coventry are always helpful. Gave a very good rate of interest when setting up accounts Reviewed on: 11th April 2023

Junior ISA

Best interest rates in the UK - moved my children's accounts here Reviewed on: 6th April 2023

Good interest rates

The best interest rates around for a savings account Reviewed on: 5th April 2023

Good webdite and phone service

Easy to navigate website and efficient phone service support. Calls quickly responded to without extended wait time and annoying holding sound. Reviewed on: 3rd April 2023

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