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Questions and Answers
What award did Kent Reliance receive at the recent Moneynet Awards?
What award did Kent Reliance receive at the recent Moneynet Awards?
- Best Children's Savings Provider award for Demelza Children's Account (correct)
- Best Overall Savings Provider award
- Best Long-Term Saver Provider award
- Best Online Savings Provider award
What is the main purpose of savings accounts?
What is the main purpose of savings accounts?
- To hold money and grow at a particular rate of interest (correct)
- To spend money easily
- To donate to charity
- To invest in stocks and bonds
What does the Financial Services Compensation Scheme protect for eligible deposits with Kent Reliance?
What does the Financial Services Compensation Scheme protect for eligible deposits with Kent Reliance?
- Up to a total of £85,000 (correct)
- Up to a total of £100,000
- Up to an unlimited amount
- Up to a total of £50,000
Which type of savings account allows easy access to funds?
Which type of savings account allows easy access to funds?
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What is the primary function of a savings account?
What is the primary function of a savings account?
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Which type of savings account restricts access to funds for a set period of time?
Which type of savings account restricts access to funds for a set period of time?
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What type of account did Kent Reliance receive an award for at the recent Moneynet Awards?
What type of account did Kent Reliance receive an award for at the recent Moneynet Awards?
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How are eligible deposits with Kent Reliance protected by the Financial Services Compensation Scheme?
How are eligible deposits with Kent Reliance protected by the Financial Services Compensation Scheme?
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