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

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
First Direct Regular Saver - first direct5%
HSBC Regular Saver - HSBC5%
M&S Bank Monthly Saver - M&S Bank5%
Santander 123 Regular eSaver - Santander2.5%