Kent Reliance increases fixed bond rates | Product News - Moneyfacts

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Kent Reliance increases fixed bond rates

Kent Reliance increases fixed bond rates

Category: Savings
Date: 27/06/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Kent Reliance has released new issues and increased rates on its fixed rate bonds with the one and two-year options sitting comfortably in the Moneyfacts best buys.

The basics…

1 Year Fixed Rate Bond Issue 22 now pays a competitive 1.75% yearly (1.74% monthly) while 2 Year Fixed Rate Bond Issue 24 pays 2.16% yearly (2.14% monthly). Both require a minimum investment of £1,000.

The finer details…

The accounts can be opened in branch, by post or online and can then be operated in branch or by post.

Further additions are not permitted however withdrawals and early access are, subject to the loss of 180 days' interest.

Why we like them…

Both these accounts offer competitive rates of interest for their term, and with earlier access possible, subject to a penalty, they will be an attractive deal for those looking to deposit £1,000 or more.

Four Moneyfacts Stars have been awarded.

What next?

Compare fixed rate bonds.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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