Kent Reliance Building Society

A fixed rate investment bond for the supporters
of the Charlton Athletic Football Club

''earn up to 2.55% gross/AER''
(fixed)

As at 29 June 2010

    Important:  This account can only be opened and operated by post through our
                        HeadOffice. Our accounts are only available to UK residents.

    For an information pack click here

Love your club

The more you save, the more we’ll donate to Charlton Athletic FC.

Main features of the account

Minimum opening deposit £100 (£10,000 for monthly interest).

Maximum investment £1,000,000.

Term - 12 months.

No age restriction.

Your proof of identity and address will be verified electronically in the first instance. If you are under 18 years of age we will need your birth certificate*.

No additional deposits or partial withdrawals under any circumstances. However, additional bonds can be opened (subject to availability).

If you select to have your interest:-


a)	Paid annually Interest will be payable on maturity.

b)	Paid monthly Interest will be payable on the last working day of each month to a bank/building society account via BACS.

You cannot close your bond during the fixed rate term.

The bond is a fixed term investment. We will write to you at least 10 days prior to the maturity date with details of further investment opportunities with the Society. If we do not hear from you with alternative instructions, the balance of your bond will be transferred automatically to the Society’s Direct tracker rollover bond on maturity. In exceptional circumstances, the Direct tracker rollover bond may be closed during the first 12 months subject to a charge equivalent to 100 days’ interest (which will be deducted from the capital sum if necessary). Therefore, if you close your account in the first 100 days, you will get back less than originally invested. Thereafter it may be closed at any time without charge.

*If supplying a certified copy, it should be signed, dated, marked 'original seen' and bear the name, address and occupation of the certifier. It can be certified by a UK lawyer, banker, accountant, teacher, doctor, minister of religion, postmaster/sub-postmaster, authorised financial intermediary or similar professional.

Minimum investment £100 (£10,000 for monthly interest)	Gross Rate % p.a.	Net Rate % p.a.	AER % % p.a.
Annual interest	2.55	2.04	2.55
Monthly interest	2.52	2.02	2.55

As at 29 June 2010

AER - stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross rate - is the rate of interest before the deduction of income tax.

Net rate - is the rate after the deduction of income tax, currently at the rate of 20%. Subject to the required certification non taxpayers are able to receive their interest gross.