Kent Reliance’s range of savings bonds offers a variety of fixed rate, including the option of monthly interest. We currently offer 1 & 2 year bonds
Please note: For new savings customers to Kent Reliance (as of 6th April 2021) who opened a savings account between 6 April and 23 April, the Savings General Terms and Conditions have been changed. The definitions set out in the Glossary for “Gone Away” and “Inactive account” have been removed as these definitions are included within Condition 25. The amended General Savings Terms and Conditions can be found on the Kent Reliance website or available from Kent Reliance branches.
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Bonds are designed to hold your money and to grow it at a particular rate of interest while you don’t need access to it. By putting away your money in 1 year or 2 year terms, you usually gain a greater rate of interest than when you have more access to your funds.
Fixed rate bonds mean that you have the security of knowing exactly how much you will earn.
The Personal Savings Allowance means that, unlike in the past, most people won’t pay any tax on the interest they earn from their savings bond, depending on how much interest you earn and your income tax bracket.
We’re constantly improving our online, branch and telephone services to make sure we’re fit for the future. To do this we carry out regular tests on our services.
Eligible deposits with Kent Reliance are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.
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With Kent Reliance, your deposits are protected up to £85,000. Find out more.
© OSB Group PLC 2021
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
krbs, Kent Reliance Banking Services and Kent Reliance are trading names of OneSavings Bank plc. Registered in England and Wales (company number 7312896). Registered office: Reliance House, Sun Pier, Chatham, Kent, ME4 4ET. OneSavings Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (registered number 530504). We subscribe to the Financial Services Compensation Scheme and the Financial Ombudsman Service. Visit the Money Advice Service