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AER - stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Please note that every advertisement for a savings product which quotes an interest rate will contain an AER allowing you to compare at a glance what return you can expect from your savings overtime.
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Kent Reliance Building Society is authorised and regulated by the Financial Services Authority for general insurance and regulated mortgages. Our FSA Register number is 206038, for more information click here. To visit the FSA's MoneyMadeClear website, please click here. We are a member of the Building Societies Association and we are covered by the Financial Services Compensation Scheme and by the Financial Ombudsman Service.