Kent Reliance one year fixed bond (6%) closing on Monday 28/11/2008

kirmin wrote: »

Thought people would like to know this information because if some - like me - are looking for somewhere to put their Icesave money, the application for this Kent Reliance account has to be with them by the 28th November 2008 - I just spoke to them on the phone.

does that mean the cheque has to be with them by the 28th? or the cheque has to be cleared by the 28th?

I was considering this. I just got the email from B&B about rates dropping to 4.6%, so I transferred the whole lot (£26,000), so now I have to decide where to put it, whilst it is in transit between there and my linked account. I've never heard of Kent Alliance?

I either put it in there in a fixed bond, might even do 2 years OR I put it in my Egg savings at 6.3% (fixed) but withdrawable, until 9th Oct 2009, at which date, perhaps anything over 2% will be unlikely?

meunier wrote: »

I was in chatham today and was told that the Kent Reliance 2 year deposit bond was being removed tomorrow night.

They are not sending any application forms out after tomorrow night, but will accept completed application forms with cheques up until 28th Nov.

Can you add further funds after?

Does anyone know exactly what circumstances these accounts could be closed early with n days penalty, i.e do you have to die or something?