Kent Reliance Fixed Rate Bonds

Kent reliance offer a range of fixed rate bonds with different terms to suit your needs. Although customers are allowed to make withdrawals, they will be subject a no interest period after the withdrawal is made. We don't currently offer Kent Reliance fixed rate bonds, but the comparison tables below will allow you to see how this product matches up to some of the other fixed rate bond deals available.

ProviderAccountInterest RateTermApply
1.30%Instant AccessMore Info >
MARKET LEADING. Earn 1.30% gross/AER. Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.
1.22%Instant AccessMore Info >
Earn 1.22% gross/AER variable. Open with £1. Unlimited free withdrawals. Interest paid monthly or annually. Manage your account online. Rate includes a 0.97% gross fixed rate bonus for 12 months from account opening. After 12 months the rate will revert to underlying rate, currently 0.25% gross/AER variable. FSCS protected

1.17%

£1More Info >
Earn 1.17% AER variable interest. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £1. Unlimited deposits and withdrawals permitted. FSCS Protected
1.00%Easy AccessMore Info >
1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.

1.80%

per annum

£5,000More Info >
Earn 1.80% fixed interest - 1 year term - Save from £5,000 to £500,000 - No additional deposits or withdrawals permitted -FSCS Protected

1.70%

Gross AER

£500More Info >
Earn 1.70% fixed interest. 1 year term. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £500. No withdrawals permitted. FSCS Protected

Over

1.20%

Gross AER

£1,000More Info >
Managed Savings Service. Save time and hassle. 1 year term. Savers open one account with Octopus cash who then spread the money across some of the best challenger bank rates around. At the end of the term savers can either withdraw money or allow Octopus Cash to automatically switch accounts to the best rates on offer. FSCS Protected

2.05%

per annum

£5,000More Info >
Earn 2.05% fixed interest - 2 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected

2.00%

per annum

£500More Info >
Earn 2.00% fixed interest. 2 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

2.25%

per annum

£5,000More Info >
Earn 2.25% fixed interest - 3 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected
Short Term Fixed Rate Bonds (0-2 years)
ProviderAccountInterest RateTermApply
1.30%Instant AccessApply Now >
MARKET LEADING. Earn 1.30% gross/AER. Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.
Medium Term Fixed Rate Bonds (3-4 years)
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Long Term Fixed Rate Bonds (4+ years)
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Kent Reliance fixed rate bonds feature:

  • No minimum age
  • Minimum of investment of £1,000
  • Withdrawals and early closure allowed but would be subject to a 180 day loss of interest
  • Accounts can be opened online, by post or in branch
  • Interest can be paid annually or monthly

 

As the rate is fixed with this kind of bond you can tell how much you will get in return at the end of the term. However as this type of savings plan by its nature requires you to lock your savings away for a set period of time, before you do so you might want to consider alternative options to see if there is a better choice for your needs.

 

Alternative saving plans

  • Tracker bonds – Another sort of bond, instead of your interest rate staying the same over the bonds term it can may go up or down in response to any changes made to the Bank of England’s base rate of interest, which it tracks. This means you may get a better or worse interest rate.

 

  • Structured Deposits – Structured deposits normally offer higher potential interest rates than bonds, but you are not guaranteed to receive any interest payments, there is a risk you will only get your original deposit back at the end of the term. This is because structured deposits are normally linked to a share index or indices, like the FTSE 100. Getting an interest payment from this type of plan depends on if the index the plan is tied to perform in the way set out in the structure deposit. Because you risk earning no interest with this type of plan you should carefully evaluate if it is right for you before you take one out.

 

  • Savings Account – Instant access savings account tend to accrue lower rates of interest than other products like bonds or structured deposits, but they do normally permit unlimited penalty-free withdrawals. So savers can access their money at any time and do not need to wait until the term finishes.
Alternatives to Fixed Rate Bonds
ProviderPlanDeposit TakerPotential ReturnTermMore Info
4 Year Deposit PlanInvestec Bank plc

15%

at end of term

4 yearsMore Info >
4 year capital protected structured deposit plan which aims to return 15% if the FTSE 100 is higher. Also available for Cash ISA and ISA transfer.
Kick Out Deposit PlanInvestec Bank plc

4%

per annum

Up to
6 years
More Info >
Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 4% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.

These are structured deposit plans and are capital protected. There is a risk that the company backing the plans or any company associated with the plans may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) , depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plans are not held for the full term.

If you are at all unsure of the suitability of these types of investments, both in respect of their objectives and risk profiles, you should seek independent financial advice.