One year fixed rate cash ISA - Issue 119
4.26% AER**
Key facts
Fixed-rate, tax free savings
Top up anytime within ISA limits
Withdrawals and early closures subject to 90 days loss of interest
Monthly and annual interest payments available
Min opening deposit £1,000
Your money is protected up to £85,000
Product Summary
Account Name
ONE YEAR FIXED RATE CASH ISA - ISSUE 119
What is the interest rate?
Rates effective 16 May 2025:
Tier
£1,000+
Annual Interest gross p.a.*
4.26%
Monthly Interest gross p.a.*
4.18%
AER**
4.26%
Where interest is payable, it is calculated daily and can be credited to the account or transferred to your nominated account. Monthly interest is calculated on the basis that each month last 30.416 days (365 days divided by 12 months).
Where annual interest is payable, annual interest is paid on maturity. Where payable, monthly interest is paid on the last working day of each month. Where payable, the final interest payment will be made on the maturity date.
Can Kent Reliance change the interest rate?
The interest rate on this account is fixed and cannot be changed during the account term. Up to date information on our interest rates can be found on our interest rates page, in branch or by calling our head office.
What would the estimated balance be after 12 months based on a £1,000 deposit?
Deposit Amount
£1,000 Deposit
Annual interest projected balance
£1,042.60
Monthly interest projected balance
£1,042.60
These projections are based on interest being credited to the account, no interest rate changes, no withdrawals and no additional deposits.
The above projections are provided for illustrative purposes only and do not take into account individual circumstances.
Before you apply
Before you apply for an account, please make sure you have read the product specific Ts & Cs, general Ts & Cs, online Ts & Cs and the FSCS information. Please also save or print copies of these documents for future reference.
One year fixed rate cash ISA Terms and Conditions
735KB
Savings General Terms and Conditions
735KB
Online Terms and Conditions
735KB
The FSCS Information
735KB
Kent Reliance runs a £1,000 monthly prize draw for individual customers who are over 18 and have a savings account with a balance of £100 or more. If the account is a joint account, then the first named account holder will be entered. There will usually be one entry per person. Eligible customers will be automatically entered into the draw. Winners will be contacted directly. If you’d prefer not to be part of the draw, please let us know by emailing prizedraw@osb.co.uk and we’ll remove your details. Please see the full prize draw terms and conditions, and exclusions, here and on our website.
14 day cooling off period
You will have 14 calendar days from the date the account is opened to close your account. If you cancel within this cooling-off period, we will return the money in your account, less any pending payments, plus interest earned (if payable), and without charges applied. For any cheques paid into the account, we can’t return the funds until they’ve been cleared which takes up to six working days.
How to apply
Apply online
Complete and submit your application online. Please ensure you have read the terms and conditions before you apply.
Apply in branch
Book an appointment to visit us in branch by calling 0345 122 0022. You can visit us without an appointment, but there may be a wait during busy periods (please bring two forms of ID).
*Gross p.a. is the rate of interest paid without the deduction of tax per annum. Please note that the automatic deduction of tax on savings interest ceased with effect from 6 April 2016.
**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.