Realty Cheque Posted May 27, 2007 Posted May 27, 2007 (edited) Kent Reliance BS will increase the rate on their Direct Mini Cash ISA by the full 0.25%, from 5.71% to 5.96%, with effect from the 1st June 2007. They also allow transfers in which many others with higher rates do not. I've just added an extra £160 interest approx. by transferring from the Nationwide. Happy saving Link: KENT RELIANCE BS Edited May 27, 2007 by Realty Cheque Quote
Bubble_Bobble Posted May 28, 2007 Posted May 28, 2007 Kent Reliance BS will increase the rate on their Direct Mini Cash ISA by the full 0.25%, from 5.71% to 5.96%, with effect from the 1st June 2007.They also allow transfers in which many others with higher rates do not. I've just added an extra £160 interest approx. by transferring from the Nationwide. Happy saving Link: KENT RELIANCE BS Abbey are also to increase their Direct ISA rate by 0.25% on 01/06. This will take it to 6% for balances > £9k and 5.75% below. They also allow transfers in. Only thing to note which I think was mentioned in my previous thread is that there is a 0.5% variable rate bonus included in this payable to 1/5/2008. Quote
Ologhai Jones Posted July 11, 2007 Posted July 11, 2007 (edited) Just to update you all, Kent are now paying FROM the first of Aug 07 6.21% on their Cash ISA. I'm Loving it! Thanks for the info! Do you have a link? Kent BS's ISA webpage still says 5.96%. EDIT: Found it! The interest rate change is announced on their home-page. Edited July 11, 2007 by Ologhai Jones Quote
penbat1 Posted July 11, 2007 Posted July 11, 2007 Thanks for the info! Do you have a link?Kent BS's ISA webpage still says 5.96%. EDIT: Found it! The interest rate change is announced on their home-page. Kent BS would be fine except it is a postal account which would be a pain in the butt for me. Quote
Ologhai Jones Posted July 11, 2007 Posted July 11, 2007 Kent BS would be fine except it is a postal account which would be a pain in the butt for me. Is there some major drawback of sorting out an ISA (and/or ISA transfer) by post? I don't think it'd be my first choice, but I don't see any serious disadvantages. Quote
penbat1 Posted July 11, 2007 Posted July 11, 2007 Is there some major drawback of sorting out an ISA (and/or ISA transfer) by post? I don't think it'd be my first choice, but I don't see any serious disadvantages. It makes life significantly more complicated if you have this and several other accounts or you plan to move abroad etc. It is far more convenient if it is purely internet based as you would just need to click a few buttons now and again. Quote
Disillusioned Posted July 11, 2007 Posted July 11, 2007 I looked at Kent Reliance last week, when I realised that NS&I don't allow transfers from previous tax years. I was put off slightly by the fact that Kent Reliance BS offer self-cert and BTL mortgages, among others. Does this bother anyone else, in terms of morals, but more importantly, in terms of cash safety? Quote
Ologhai Jones Posted July 11, 2007 Posted July 11, 2007 Not me. As long as you don't have over 31k with 'em 90% should be safe.The exact amounts are on this website somewhere. If you're referring to the FSA's FSCS, then I believe it's 100% of the first £2k, then 90% of the next £33k. So, the first £35k is 'safe', and should result in compensation of: 2000 + (33000 x 0.9) = 31700 Quote
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