Savers can earn interest and honour the fallen with new poppy accounts – but act fast

Consumers can save money and support the armed forces at the same time with new “poppy bond” and “poppy Isa” deals that donate to The Royal British Legion (RBL).

The RBL is the charity that runs the poppy appeal, raising money to support veterans and their families.

The savings deals are both three-year fixed rates paying 1.7pc, and are on sale from Coventry Building Society. Savers can take the deals out over the phone, online, by post or in a branch. 

The firm will donate 0.15pc of all money saved in the deals by December 31 to the RBL.

The poppy accounts can hold between £1 and £250,000. However, sums of more than £85,000 per customer will not be protected by the Financial Services Compensation…