Skipton launches fixed rate bond range paying up to 3.00%

The Society will also launch a new range of branch and online Fixed Rate ISAs, paying up to 3.00%.

The Society's Fixed Rate Bonds offer customers the chance to benefit from competitive returns over terms of one, two, three or five years. The minimum investment for each account is £500, up to a maximum of £1,000,000 (or £2,000,000 for joint accounts).

The bonds and fixed rate ISAs reflect the Society's commitment to offering consistent, long term good value products with exceptional customer service. And the combination of simplicity and attractive fixed rates means customers can invest their money with confidence.

Kris Brewster, Skipton’s Head of Products, said:

“We know that our Bonds and Fixed Rate ISAs are a consistently popular choice for our customers, who appreciate the combination of simplicity and competitive rates.  At Skipton we recognise that saversare continuing to feel the impact of a prolonged low bank of England base rate environment hence are continued focus on offering competitive longer term fixed rates of up to 3%.

“Many people have made new year resolutions to get their finances into shape this year, and these accounts offer customers the chance to squirrel some money away for a set period of time, with the added incentive of saving tax free if customers opt for our ISA.”