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Coventry Building Society: Savings reviews

Name: Savings
Rating: 4.22 (115 reviews)

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4.33

Based on 115 reviews, last reviewed 2nd Mar 2025

400% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

65%

17%

12%

Latest highest rating:

5

Dropped off a little on interest rates but still good I like saving with a building society rather than a bank. Coventry haven't been quite as competitive for interest rates this year but they are good at... Read more Reviewed on: 2nd March 2025

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 (115)

Review of the Coventry Building Society, Savings:

Great rates and very secure.

Great rates and very secure. Easy website and app to use. Account benefits explained very well. Reviewed on: 1st March 2025

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

Great rates and options

Great rates and options of savings. Easy to set up online and staff also very friendly and helpful. Reviewed on: 28th February 2023

Simple products with good interest rates

For both the isa and saving accounts, CBS have promptly raised interest rates to reflect changes to base rate. Some of the best rates out there, especially on the limited access accounts that still allow for 6 withdrawals a year within penalty. Reviewed on: 28th February 2023

Coventry building society

Always helpful and efficient .Help given to maximise savings.Good company Reviewed on: 23rd February 2023

Treat Existing Customers Fairly

Good savings interest rates especially for existing customers. They do send too many letters. Reviewed on: 23rd February 2023

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