Is it safe? / Kent Reliance
Is Kent Reliance safe?
Yes — Kent Reliance is FSCS-protected. Deposits up to £120,000 per person (£240,000 for joint accounts) are covered under the OneSavings Bank plc banking licence (OSB Group plc).
Protection
FSCS to £120,000
Licence holder
OneSavings Bank plc
Parent company
OSB Group plc
The fine print (verified July 2026)
Sister brand Charter Savings Bank sits on a separate licence within the same group — each gets its own limit.
Kent Reliance's current savings rates
- 3 Year Fixed Rate Bond - Issue 314.9% AER
- 3 Year Exclusive Fixed Rate Bond - Issue 314.9% AER
- 2 Year Fixed Rate Bond - Issue 504.87% AER
- 2 Year Exclusive Fixed Rate Bond - Issue 504.87% AER
- 60 Day Notice Savings Account - Issue 754.25% AER
From the daily rates scrape. Compare every provider →
Worth knowing
FSCS also covers temporary high balances (house sale, inheritance) up to £1.4m for six months (raised December 2025). Compensation is automatic if a firm fails — typically paid within seven days.