Skipton offers up spring savings accounts

Monday, 13 May 2013 03:02


Households across the country are not the only ones taking their spring cleaning seriously, as Skipton Building Society is also saying 'out with the old and in with the new' with regards to its range of savings accounts.

The financial services provider launched new Fixed Rate Cash ISA and Fixed Rate Bond accounts last week (May 10th), with savers getting up to 2.40 per cent [APR?].

Skipton's new Fixed Rate Bond customers will be able to invest between £500 and £1 million over a period of one, two, three or five years. Those applying for a joint account will be able to invest up to £2 million.

For consumers more interested in a Fixed Rate Cash ISA account, Skipton are offering a brand new two or five-year account, with rates secure until June 2015 or June 2018. Rates range from between 1.98 per cent tax free per annum and two per cent APR, to 2.40 per cent tax free per annum and 2.40 per cent APR.

These latest offerings come in the wake of a plethora of new products being offered by the building society, which last week launched two new celebratory accounts in order to coincide with its 160th birthday. The bond is designed to help customers save between £500 and £5,000.

Skipton's head of products, Kris Brewster, commented: "Our new Fixed Rate Bonds and Fixed Rate Cash ISA accounts are competitively priced and strengthen the range of savings accounts we have on offer to people.

"These accounts have been designed with flexibility in mind, so whatever your preference is for your savings, you'll still get a great rate with Skipton."

"Skipton works hard to offer savers an impressive range of account offerings."

Mr Brewster identified flexibility as a key trait in all of the newly-available offers, especially as people can opt for an online or in-branch experience.

Those wishing to apply for the Fixed Rate Bond account should ask at their local branch or request an application over the telephone.

Applications for the Fixed Rate Cash ISA account can also be obtained in branch or the process can be completed over the internet at Skipton's website.

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