Kent Reliance Building Society

Voted Best Cash ISA Provider for
the third consecutive year

Voted Best Cash ISA Provider

A postal account

"earn 3.50% gross/AER"
(fixed)

As at 29 June 2010



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

Please note:	Head Office does not offer counter facilities.

For an information pack click here.

For further details on transferring Cash ISA funds or switching KRBS ISAs click here

Main features of the account

	Minimum opening deposit and balance £100.
	The current maximum you can subscribe to a Cash ISA in a tax year is £5,100. This limit may be altered by the Government in the future. Transfers of previous tax year ISA subscriptions from another provider DO NOT count towards this tax year’s ISA subscription limit. Transfers of current tax year ISA subscriptions DO count towards this tax year’s ISA subscription limit.
	Existing ISA funds can be transferred from other ISA providers. Note: The time required to fully effect your transfer to KRBS will be determined by your current provider. KRBS accepts no responsibility for delays in transferring your ISA to a KRBS product.
	Minimum age 16.

	Proof of identity and address verified electronically in the first instance.
	Interest is paid free of income and capital gains tax for people who live in the UK and is added to the account on 5 April each year and on maturity. You will receive a letter each year showing the interest earned.
	Additional deposits and transfers in and transfers in can be made until the product is withdrawn to new customers (subject to HM Revenue and Customs limit). However, if you have not used your full ISA allowance for the current tax year, you may subscribe your remaining allowance to another KRBS ISA.
	Withdrawals, closures or transfers out are permitted subject to a charge equivalent to 100 days’ interest (which will be deducted from the capital if necessary). Therefore, if you close your account in the first 100 days, you will get back less than you originally invested. Note: Transfers to other ISA providers will be processed within 30 days from receipt of all necessary documentation.
	The annual limit applies to the total credits to the account and not the balance. If you take funds out of your account you cannot subsequently replace them in the same tax year.
	This account can only be opened and operated by post through our Head Office. To request an application form call 08451 22 00 22* or it can be downloaded from this website.

Minimum opening deposit and balance £100	Tax Free Rate % p.a./AER
Annual interest	3.50

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.

Tax free rate - is the stated contractual rate as the interest is exempt from income tax.

*For customer service and training purposes, calls to Kent Reliance may be monitored and/or recorded.