Kent Reliance BS ISA experiences

purplestar133

I'm a bit wary of a postal only account...with no people I can see and talk to etc.

Can anybody tell me about their experiences with Kent Reliance, particularly the Direct ISA- good or bad?

Also, I can't see anything in the terms and conditions for the Direct ISA about any penalties for transferring out to another provider. Does anyone know if there are any penalties that I've missed?

Thanks!

bristolleedsfan

purplestar133 wrote: »

I'm a bit wary of a postal only account...with no people I can see and talk to etc.

Can anybody tell me about their experiences with Kent Reliance, particularly the Direct ISA- good or bad?

Also, I can't see anything in the terms and conditions for the Direct ISA about any penalties for transferring out to another provider. Does anyone know if there are any penalties that I've missed?

Thanks!

i opened a non isa account with kent R in march, all very efficient with pleasant email contact following account opening, belief i have is kent R accept isa transfers in, no penalties for transferring out and withdrawals can be made by cheque or BACS, i read that kent R variable ISA has been pretty good for last 2 years

Gordon_the_Moron

You can definitely transfer in and it is the best rate for an ISA that does accept transfers. Never had the account (or anything else with them) but a friend who has said he didn't have any problems if that helps.

Da Moron

Fella

I'm about to transfer a TOISA into Kent Reliance, however it looks like the method you have to follow is to post an application for a Direct Cash ISA along with a transfer form.

I'm slightly wary of this because all I want to do is transfer my TOISA. I definitely DON'T want this to count as my cash ISA for 2007-2008 (I've already opened one with a different provider). Does anyone have any experience doing this? (with KRBS in particular).

cheers
Fella

ReportInvestor

purplestar133 wrote: »

I'm a bit wary of a postal only account...with no people I can see and talk to etc.

Do you want people you can see and talk to or a consistently good rate?

It's usually either / or in today's financial environment.

purplestar133

ReportInvestor wrote: »

Do you want people you can see and talk to or a consistently good rate?

It's usually either / or in today's financial environment.

Yes, I know that, but I think what I was getting at was, as a young person, with only really two years of dealing with financial things, I've never heard of them, I don't know who they are, I'm a bit wary of giving them nearly £6,000. So that's why I was asking for people's experiences and help.

Fella

purplestar133 wrote: »

Yes, I know that, but I think what I was getting at was, as a young person, with only really two years of dealing with financial things, I've never heard of them, I don't know who they are, I'm a bit wary of giving them nearly £6,000. So that's why I was asking for people's experiences and help.

You can trust KRBS, they belong to the FSCS so your money is protected (up to £35,000 anyway): http://www.krbs.co.uk/finserv.aspx

You may also cop for a windfall payment if they demutualise & they've made noises that suggest they're amenable to that possibility.


Fella

purplestar133

Fella wrote: »

You can trust KRBS, they belong to the FSCS so your money is protected (up to £35,000 anyway): http://www.krbs.co.uk/finserv.aspx

You may also cop for a windfall payment if they demutualise & they've made noises that suggest they're amenable to that possibility.


Fella

Thanks fella, I'll bear that in mind.

bristolleedsfan

Fella wrote: »

You may also cop for a windfall payment if they demutualise & they've made noises that suggest they're amenable to that possibility.
Fella

last 2 lines of article linked

http://www.ft.com/cms/s/493187a4-d3b2-11db-8889-000b5df10621.html

purplestar133

bristolleedsfan wrote: »

last 2 lines of article linked

http://www.ft.com/cms/s/493187a4-d3b2-11db-8889-000b5df10621.html

Interesting article, thanks for that, it's a factor I hadn't considered.

bristolleedsfan

purplestar133 wrote: »

Interesting article, thanks for that, it's a factor I hadn't considered.

heres another http://www.extensor.co.uk/associate_profile.php?link=91