Kent Reliance

Who they are

Kent Reliance is a trading name of OneSavings Bank plc, with a heritage as a mutual building society dating back to its founding in 1898 as the Chatham & District Reliance Building Society in Kent. Over the following century it grew through a series of mergers with other Kent-based societies. The modern Kent Reliance Building Society was formed from the merger of Kent and Canterbury (established 1847), Dover District (established 1861), Herne Bay (established 1888), and Chatham Reliance (established 1898).

On 1 February 2011, Kent Reliance Building Society transferred its business to a new bank, OneSavings Bank plc, following the purchase of a stake in its business by private equity firm JC Flowers. OneSavings Bank plc's parent undertaking, OSB Group plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. krbs, Kent Reliance Banking Services and Kent Reliance are all trading names of OneSavings Bank plc. That is worth knowing if you have savings with more than one of those brands, as they share the same banking licence and therefore the same FSCS protection pot.

They describe themselves as a national bank with a local feel, with a branch network for customers who prefer a more personal approach, alongside a wide range of savings accounts supported by a call centre. Accounts can be operated online, in branch, or via post.

Savings accounts

The one product currently listed on DepositScout for Kent Reliance is a 3 Year Fixed Rate Bond, paying 4.36% fixed for three years, with a minimum deposit of £1,000. Interest is fixed for the full term, so you know exactly what you will earn from day one. There are no bonuses to track or revert dates to worry about - the rate you open at is the rate you get throughout.

It is worth noting that Kent Reliance regularly appears at or near the top of the fixed-rate bond market across multiple terms. The live rates on this page are the most current figures, and they do move, so always check before applying.

There are no current accounts or switch offers available through Kent Reliance, so this is purely a savings destination.

FSCS protection

Eligible deposits held by a UK establishment of Kent Reliance are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Since 1 December 2025 the protection limit as provided by the FSCS increased from £85,000 to £120,000. That is a higher limit than most banks, and the same £120,000 cap applies to the DepositScout data for this product.

As mentioned above, because Kent Reliance operates under the OneSavings Bank plc licence, any deposits you hold under the Kent Reliance Banking Services or krbs names would count toward the same limit. If you have savings spread across those brands, it is worth adding them up.

Is it right for you?

Kent Reliance tends to suit savers who are happy to lock money away for a fixed term and want a well-established, regulated bank rather than a newer fintech. The branch network is based in Kent, but you do not need to live locally - accounts are available to UK savers nationwide, online, by post, or by phone.

There are no app-based gimmicks here, no teaser bonus rates that fall off a cliff, and no minimum income requirements. If straightforward fixed-rate savings with clear terms appeals to you, Kent Reliance is worth a proper look.

As ever, rates change regularly. Check the live figures shown on this page before you apply to make sure you are seeing the most up-to-date picture.