Regular Savings Account Issue 3 - Kent Reliance

Regular Savings Account Issue 3

Kent Reliance
3 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 1 min monthly deposit
£ 500 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 3 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 25
Minimum Monthly Deposit: £ 1
Minimum Additional Deposit: £ 1
Maximum Monthly Deposit: £ 500
What happens if you miss a payment: The account will be transferred to an Easy Access Savings Account if regular payments are not made to this account.
Date account was introduced: 24 Jan 2017

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£253.00%3.00%3.00%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Minimum Withdrawal: £ 1
Notice and Penalty Charge: There is no notice, penalty or charge applied on withdrawals.
Free Withdrawal Conditions: All withdrawals are free.
Minimum balance for instant access withdrawals 1
Transferred on Maturity: The account will be transferred to an Easy Access Savings Account on maturity.

Conditions

Trustee Types: This account can be opened on behalf of a child.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

Moneywise Best Buys

Savings Accounts

ProductAER
Nationwide Flexclusive Regular Saver - Nationwide Building Society5%
First Direct Regular Saver - first direct5%
HSBC Regular Saver - HSBC5%
M&S Bank Monthly Saver - M&S Bank5%
Santander 123 Regular eSaver - Santander3%