All news on the topic: Coventry Building Society

The account lasts for 12 months and savers can deposit up to £250 each month

The consumer group commissioned two surveys, one of more than 4,100 savers and another of more than 4,500 current account holders, to find out about their banking experiences

It comes after inflation fell by more than expected - dipping to 7.9% in the 12 months to June after spending two months previously stuck at 8.7%

A flood of lenders have upped rates in the aftermath of figures a fortnight ago revealing a smaller-than-expected drop in living costs

The top savings rate for easy-access accounts currently sits at 2.9% with rates having climbed again over the last few weeks - but you might be able to do better through your bank