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Kent reliance 60-day notice account 3.3%

This account doesn't show up in many league tables, but seems to be like a good deal: Kent Reliance's 60-day notice account paying 3.3% if you put more than £50k (3.2% above £25k), which is slightly more than the no-notice accounts.

Anyone has any experience with them? I think I am going for it (I already have a couple of no-notice accounts, the 3.15% and 3.17% and a couple of fixed-term accounts from last year paying 4%+ so this looks like a good in-between account).

Comments

  • namecheck
    namecheck Posts: 478 Forumite
    LeoC wrote: »
    This account doesn't show up in many league tables, but seems to be like a good deal: Kent Reliance's 60-day notice account paying 3.3% if you put more than £50k (3.2% above £25k), which is slightly more than the no-notice accounts.

    Anyone has any experience with them? I think I am going for it (I already have a couple of no-notice accounts, the 3.15% and 3.17% and a couple of fixed-term accounts from last year paying 4%+ so this looks like a good in-between account).

    Not too sure that this is a particularly good offer.

    I have had various accounts with Kent Reliance and currently have a Cash ISA with them.

    I recently received various bits of paper and "Statement"...however, the statement was not actually included and about 10 days later it was posted with an apologetic letter, which does not inspire too much confidence. (Though I have not had any issues with them before this).
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    namecheck wrote: »
    I recently received various bits of paper and "Statement"...however, the statement was not actually included and about 10 days later it was posted with an apologetic letter.

    Same here. Quite how a bank can manage to send out paperwork with the key element missing, I guess down to human error. As KRBS are now owned by private equity they may be driving down costs to the point at which the admin becomes unreliable.
    Remember the saying: if it looks too good to be true it almost certainly is.
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