Kent Reliance BS Direct ISA rate increased to 5.46%

Kazza242

Kent Reliance BS will increase the rate on their Direct Mini Cash ISA by the full 0.25%, from 5.21% to 5.46%, effective from the 1st December 2006.

The new rate now appears on the Moneyfacts website, here .

zar

Well done Kent Reliance, I've been impressed since I opened my Isa with them earlier this year.

(this post is really just a bump to get this thread higher than the one with the incorrect headline )

Mr_Mumble

zar wrote:

(this post is really just a bump to get this thread higher than the one with the incorrect headline )

Do you realise how big of an idiot I feel right now, do ya?

The branch based Kent Reliance mini-cash ISA is getting a rise from 5.01% to 5.16%. A rise of only 0.15% .

ReportInvestor

Who on earth uses a branch based ISA at KRBS?

Their whole policy has been to destroy their branch network in order to be able to offer better rates to the nation.

RayWolfe

Amazed to see that they now have only ONE branch! Still a number of agencies though.

Fait_accompli

Is this 5.46% ISA viewable online? I.e. do Kent Reliance offer internet banking?

Mr_Mumble

Fait accompli, it is a postal only account which is probably a good thing given how awful Kent Reliance's website is

ReportInvestor, are you saying many a Kent pensioner wouldn't prefer a passbook, easy access and personal contact over an extra 0.2% interest? The idea that KR are killing off branches for the good of savers is specious, maybe you'd like to explain why the best ISA rate offered by a building society currently is the branch-only Newcastle xmas offering?

RayWolfe

Mr_Mumble wrote:

which is probably a good thing given how awful Kent Reliance's website is

There, and I was begining to think it was me! Designed by a 16 year old with a penchant for wiz, I would say. Horrible!

gil13

i can't see anyhting on KR's website about what you need to send (forms of ID) with new ISA applications, the information is a bit sketchy. I did try to call them earlier but there is a long wait on the phone system, not a good sign.

moor426

They check ID electronically if they can. My husband's ID was confirmed this way. If more information is required they write. I had to send a certified copy of my passport and a recent utility bill to open my own account.

daveonline

Thanks moor426, was just looking for that info when i found this sentance on Kent Reliance BS's website-

'Opening an account - proof of identity and address requirements
The Society will conduct a search of a variety of registers in order to establish proof of identity and address'