Top 10 savings from Kent Reliance | Product News - Moneyfacts

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Top 10 savings from Kent Reliance

Top 10 savings from Kent Reliance

Category: Savings
Date: 29/07/2014

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 It is now over 6 months old so the content may be out of date.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 reviewed its savings range and increased fixed bond rates by up to 0.14%, as well as launching a brand new easy access account, all of which head straight into the best buys.

The basics…

1 Year Fixed Rate Bond Issue 24 now pays 2.01% yearly (1.99% monthly) while the two-year version pays 2.30% yearly (2.28% monthly), both on a minimum investment of £1,000.

Alternatively, for those seeking an easy access account, the new Branch Easy Access Savings Issue 1 pays 1.50% yearly (1.49% monthly), again subject to a £1,000 minimum investment.

The finer details…

The bonds can be opened online or in branch, after which they can be operated via branch or post. Neither will allow further additions, however, they do permit early access, subject to a 180 day loss of interest penalty being applied.

The branch-operated easy access account, however, allows further additions and restriction-free withdrawals at any time.

Why we like them…

Kent Reliance's review sees all three accounts easily make the top 10, while its easy access and one-year accounts top the Moneyfacts charts for their respective terms.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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