Please read the following important information, then click 'Apply now' at the bottom of the page to complete your application.

Account Summary - Easy Access ISA

What is the interest rate?
Effective from 20th January 2026
Annual InterestMonthly Interest
BalanceTax-free p.a./AER*.AER*Tax-free p.a.
2.00%2.00%1.98%
We calculate the interest daily and pay it annually, at the end of 31 March, or monthly, at the end of the last day of each month. Interest can be added to the account or paid into another suitable account.
Can Coventry Building Society change the interest rate?
The interest rate is variable, so it can go up or down at any time.
For more details about why we may change the rate, as well as how and when we'll let you know, see our Saving Accounts Terms and Conditions booklet (section 4).
What would the estimated balance be after 12 months based on a £1,000 deposit?
£1,004.00

This would be the balance after 12 months if £1,000 was paid in on 1 September, all interest was paid back into the account annually, there was no change to the interest rate and no money was taken out or paid in.
This illustration is just an example to help you compare accounts. It does not take into account any individual circumstances.
How do I open and manage my account?
How to open and manage

- Visit thecoventry.co.uk
- Call 0800 121 8899
- By post
- Pop into a branch (to manage your account this way, you'll need to ask us for a passbook. A passbook based version of this account can be opened by visiting a branch)
- You must be aged 16 or over and a UK resident.
How to put money into your account

- Pay in cash or cheques in a branch (please check branch opening hours on our website first)
- Post us a cheque
- Set up transfers from an account with another bank or building society or another account with us
- You can transfer in current and/or previous years' ISA savings using an ISA transfer. If you're transferring in your current years' savings, then you must transfer all of it.
- The minimum balance is £1
- You may pay in up to your annual ISA allowance each tax year, depending on any money you may have already paid into other types of ISA (e.g. stocks and shares). For the current tax year the ISA allowance is £20,000.
Can I withdraw money?
This is an easy access flexible ISA, so you can take money out at any time.
How to take money out of your account

- ISA transfer to another Coventry Building Society ISA or to another ISA provider, without losing your tax-free status.
- Ask for a transfer to another Coventry Building Society account or to your Named Bank Account, online or by phone
- Request cheques by post
- If you choose to have a passbook, you'll also be able to take money out by cash and by cheque at a branch, and transfer to any other UK-based account.
Additional Information
Interest on ISAs is paid tax-free, that is without tax deducted. ISAs are a savings scheme initiated by the Government, and are subject to change by them. For example the favourable tax treatment may not be maintained.
This account is a limited issue account, so we may stop accepting applications at any time.
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.
Ready to open an account?
Easy Access ISA