Share

Home   Kent Business   County News   Article

Kent Reliance launches Best Buy Easy Access Account with interest of 1.5% only available in Kent and Sussex branches

31 July 2014
by Chris Price

An easy-access savings account with the best rate in the market has been launched for customers visiting branches of a bank in the county.

The Best Buy Easy Access Account launched by Kent Reliance offers 1.5% interest, the top rate of any account of its kind in the UK, according to independent comparison site Moneyfacts.

It requires a minimum opening balance of £1,000 but features quick access to funds, allows additional deposits and has no minimum age.

Kent Reliance's new easy access account has the best rate in the market

Kent Reliance's new easy access account has the best rate in the market

It is only available in Kent and Sussex branches of the Chatham-based lender, whose parent company One Savings Bank launched on the London Stock Market in June.

Sales and marketing director John Eastgate said: “We’re delighted to offer savers in the region the best buy Easy Account currently available in the market today.

“We don’t believe in offering teaser or introduction rates. We wanted to provide a flexible and transparent Easy Access account with a competitive rate of interest.”

It comes a week after the company launched a new range of NISAs, including a two-year flexible fixed rate NISAs, with an annual gross interest of 2.1%.

The company also held a week of activities in support of charity Demelza, including a walk-to-work scheme, raffles and fancy dress.

The executive team at Kent Reliance in a bake off for Demelza Hospice Care for Children

The executive team at Kent Reliance in a bake off for Demelza Hospice Care for Children

Kent Reliance's John Eastgate hands over the cheque to Natalie Tegg of Demelza

Kent Reliance's John Eastgate hands over the cheque to Natalie Tegg of Demelza

A bake off including chief executive Andy Golding helped to raise a total of £2,413.62, half of which was money matched by the bank.

Mr Eastgate added: “We’re delighted with the effort and support shown by all the team at Kent Reliance for this special local charity.

“Many of our staff are from the local community so we are very aware of the remarkable work performed by Demelza’s hospices and with the help and support of the local community, they can continue to provide the best possible care for the children of Kent.”

Click here for more news from Kent Business.

Click here for more news from around the county.

Comments 

Forgotten Password?

Forgotten Username?

Don't have an account? Please Register first!

The KM Group does not moderate comments.
Please click here for our house rules.

Thank you. Your comment has been received and will appear on the site shortly.

 

Terms of Comments
We do not actively moderate, monitor or edit contributions to the reader comments but we may intervene and take such action as we think necessary, please click here for our house rules.. If you have any concerns over the contents on our site, please either register those concerns using the report abuse button, contact us here, email multimediadesk@thekmgroup.co.uk or call 01634 227989.