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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

No new 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:

Regular Saver

We opened our joint account online in April. The whole process took one week, and we were set up with easy to view and manage internet banking. I transfer money regularly to this account from another bank, via internet banking. Coventry BS takes account security seriously, though it is straightforward to access your account. So far I have only needed to contact the Cov by telephone, and that was a query while the account was initially being set up; the lady I spoke with was professional, friendly and helpful. Since opening our account Cov BS have honoured the inflation rises by raising the interest rate some 3 times now (not all banks/building societies do this, and they're not obliged to). I also joined their separate site which sends out invites now and again (via email) to answer the odd survey or question. For one short survey I won £200 in M&S vouchers! I get the impression the Cov genuinely listens to feedback. Cov BS moderators regularly converse with customers on the blog section, and anyone can start a thread - most of the stuff on there is interesting with very few gripes! Sure, it's not the best rate out there, yet I like their set up and their features. They have a lot of accounts on offer - something for everyone, no matter what age. Wish we'd got involved with them sooner. Reviewed on: 5th August 2022

EASY ON LINE ACCOUNT FACILITY

EASY TO UNDERSTAND LIMITED ACCESS SAVINGS ACCOUNT GOOD INTEREST RATE Reviewed on: 31st March 2023

High Interest fixed ISA

When interest rates started to rise, I moved from a low interest ISA into a high interest account for very small cost. Reviewed on: 30th March 2023

Great savings accounts and ways to keep your money safe

really like this company, they have lots of different types of accounts, of which I have several as I really like how they are set out to keep your money safe. They also have good interest rates to lock your money away for a few years Reviewed on: 20th March 2023

Easy to access

Easy to access account information. Unique offers for existing customers Reviewed on: 17th March 2023

Ok but some advice confusing

I have been with CBS for some years. Recently when I took out an ISA the accompanying small print was confusing to say the least resulting in losing half my allowed investment. Very disappointing. Reviewed on: 17th March 2023

Safe

I get excellent savings rates and feel my money is safe Reviewed on: 16th March 2023

Security matters

The Coventry Building Society take security very seriously. I feel very confident that my money is safe with them Reviewed on: 16th March 2023

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

Reliable

It helps having a local branch to sort out the wrinkles. On line big recent improvements and responsive to interest rates going up and informing customers. Reviewed on: 10th March 2023

Overall good

Good rates, timely uprating, very efficient Reviewed on: 10th March 2023

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