Kent Reliance

Kent Reliance savings accounts review

Kent Reliance offers a broad range of savings accounts with interest rates up to 5.13%.

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Founded in 1898, Kent Reliance is a banking services provider based in Kent. It is the trading name of OneSavings Bank and it offers a wide variety of savings accounts.

Easy access savings accounts

Table: sorted by interest rate
Kent Reliance's best easy access rate of 4.96% is significantly lower than today's market-best rate of 7.49%.
Name Product Account type Withdrawals Min. opening balance Interest rate Deposit protection Open via Incentive Apply link
Kent Reliance – Easy Access Account - Issue 70
Variable
Instant access
£1,000
4.96% AER variable
FSCS logo
protected
Open via: branch, website
Go to site
View details
Kent Reliance – Easy Access Account - Issue 70
Variable
Instant access
£1,000
4.96% AER variable
FSCS logo
protected
Open via: branch, website
Go to site
View details
Kent Reliance – Cash ISA - Easy Access - Issue 49
Cash ISA
Instant access
£1,000
4.82% AER variable
FSCS logo
protected
Open via: branch, website
Go to site
View details
Kent Reliance – Cash ISA - Easy Access - Issue 49
Cash ISA
Instant access
£1,000
4.82% AER variable
FSCS logo
protected
Open via: branch, website
Go to site
View details
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Cash ISAs

Table: sorted by interest rate
Kent Reliance's best cash ISA rate of 4.82% is very slightly lower than today's market-best rate of 5.16%.
Name Product Interest rate Minimum investment Interest paid Withdrawals Deposit protection Open via Incentive Table product description Apply link
Kent Reliance – Cash ISA - Easy Access - Issue 49
4.82% AER variable
£1,000
Monthly
Instant access
FSCS logo
protected
Open via: branch, website
Go to site
View details
Kent Reliance – Cash ISA - Easy Access - Issue 49
4.82% AER variable
£1,000
Yearly
Instant access
FSCS logo
protected
Open via: branch, website
Go to site
View details
Kent Reliance – Cash ISA 1 Year Fixed Rate - Issue 96
4.65% AER fixed for 1 year
£1,000
On maturity
Instant access (charge applies )
FSCS logo
protected
Open via: branch, website
Go to site
View details
Kent Reliance – Cash ISA 1 Year Fixed Rate - Issue 96
4.65% AER fixed for 1 year
£1,000
Monthly
Instant access (charge applies )
FSCS logo
protected
Open via: branch, website
Go to site
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Fixed-rate bonds

Table: sorted by interest rate
Kent Reliance's best fixed-rate bond rate of 4.95% is very slightly lower than today's market-best rate of 5.25%.
Name Product Interest rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Table product description Apply link
Kent Reliance – 1 Year Fixed Rate Bond - Issue 142
4.95% AER fixed for 1 year
£1,000 - £1,000,000
On maturity
Withdrawals not permitted
Branch, website
FSCS logo
protected
Open via: branch, website
Go to site
View details
Kent Reliance – 1 Year Fixed Rate Bond - Issue 142
4.95% AER fixed for 1 year
£1,000 - £1,000,000
Monthly
Withdrawals not permitted
Branch, website
FSCS logo
protected
Open via: branch, website
Go to site
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Notice savings accounts

Table: sorted by interest rate
Kent Reliance's best notice savings account rate of 5.13% is very slightly lower than today's market-best rate of 5.45%.
Name Product Account type Withdrawals Open with Deposit protection Interest rate Open via Incentive Table product description Apply link
Kent Reliance – 60 Day Notice Savings Account - Issue 52
Variable
60 days notice needed
£1,000 - £1,000,000
FSCS logo
protected
5.13% AER variable
Open via: branch, website
Go to site
View details
Kent Reliance – 60 Day Notice Savings Account - Issue 52
Variable
60 days notice needed
£1,000 - £1,000,000
FSCS logo
protected
5.13% AER variable
Open via: branch, website
Go to site
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Regular savings accounts

Table: sorted by interest rate
Kent Reliance's best regular savings account rate of 5.1% is significantly lower than today's market-best rate of 7.49%.
Name Product AER Save Withdrawal notice Interest paid Deposit protection Open via Incentive Apply link
Kent Reliance – One Year Regular Savings Account - Issue 12
5.1% variable (on first £6,000)
£1 to £500 per month
1 year bond
On maturity
FSCS logo
protected
Open via: branch
Go to site
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Business savings accounts

Table: sorted by interest rate
Kent Reliance's best business savings account rate of 3% is significantly lower than today's market-best rate of 5.25%.
Name Product Interest rate and type Interest paid Invest Term Open via Incentive Table product description Apply link
Kent Reliance – Business Savings Account - Issue 7
3% AER variable
Monthly
£1,000 - £1,000,000
Instant access
Open via: website
Go to site
View details
Kent Reliance – Business Savings Account - Issue 7
3% AER variable
Yearly
£1,000 - £1,000,000
Instant access
Open via: website
Go to site
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What is Kent Reliance's best savings account with the highest interest rate?

Remember that the best savings account will depend on what you want from your savings. If you're after fast access to your money then an easy access account should suit. However, if you're looking to happy to lock your money away for a period of time to unlock a higher rate, then a fixed-rate bond is a good option. Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below we've listed the different types of accounts Kent Reliance offers plus the highest interest rate currently available.
Savings account types include Easy access, cash ISAs, fixed-rate bonds, notice accounts, regular savers, business
Best easy access rate 4.96%
Best cash ISA rate 4.82%
Best fixed-rate bond rate 4.95%
Best notice account rate 5.13%
Best regular saver rate 5.1%
Best business savings account rate 3%
Fixed bond terms 1 year
Notice account periods available 60 days
Opening options Branch, website
FSCS protection

How to open an account

Depending on the account you choose, you should be able to open it by filling in a form online, sending your form by post or popping into your local branch. You must be at least 18 years old and a UK resident. You will also need to have a UK bank account held in your own name.

You will have a 14-day cooling off period. This means that if you change your mind about opening the account, you can do so within 14 days and your money will be returned to you.

Documents needed to open an account

To open your account, you will need to provide proof of ID such as a valid UK passport, UK driving licence, identity card or HMRC correspondence.

You will also need to provide proof of address such as a UK driving licence, bank or mortgage statement, council tax bill, utility bill or tenancy agreement.

Is Kent Reliance safe?

Yes, Kent Reliance is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and PRA. All eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS). This rises to £170,000 for joint accounts.

Pros and cons

Pros

  • Multiple ways to bank. Manage your account online, by post or in branch.
  • Flexibility. Kent Reliance offers a range of accounts, whether you’re looking for easy access or long-term gains.
  • FSCS protection. Money in accounts will be protected up to £85,000 per person.

Cons

  • Better rates elsewhere? Kent Reliance offers some competitive interest rates, but always check what’s on offer elsewhere first.
  • Branch access only for the regular savings account. You’ll need to live near Kent if you wish to open this account.

Customer service information for Kent Reliance

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Our verdict: Is a savings account from Kent Reliance worth it?

Kent Reliance offers an impressive range of savings accounts to suit a wide variety of saving requirements – whether you’re looking for easy access, a longer-term fixed rate account or something for your business. Most accounts can be operated online, by post or in branch too.

However, before taking the plunge, it’s worth checking out our other reviews to see how Kent Reliance savings accounts compare against the wider market.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

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