Fixed Rate from Kent Reliance
Protection
FSCS
Up to £120,000
Min balance
£1,000
Max balance
£1,000,000
Access
No access until maturity
Interest paid
Monthly
No deposits are allowed after the first 14 days of opening the account.
Please verify all details with the provider – for more info read our Disclaimer
Want to know how much interest you will receive with Kent Reliance's 2 Year Fixed Rate Bond?
Estimated interest
£1,000 saved
£105
At 5.1% AER
£5,000 saved
£523
At 5.1% AER
£10,000 saved
£1,046
At 5.1% AER
£1,000,000 saved
£104,601
At 5.1% AER
Estimated over the 24-month term, assuming the rate stays the same and interest stays in the account. Amounts outside this account's minimum or maximum balance are left out.
Kent Reliance's 2 Year Fixed Rate Bond at 5.10% is a solid pick for anyone who can set aside between £1,000 and £1,000,000 and genuinely has no need to touch the money for two years, since there is no access until maturity. I like the flexibility on interest payments here, as you can choose to receive it monthly or let it roll up and take it at maturity, which suits different income needs. If you want to shop around at the same rate, GB Bank has a matching 2 Year Fixed Rate Bond at 5.10% worth a look before you commit.
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