Skipton relaunches 5 year ISA at 2.01%

Skipton’s 5 year ISA and new five year fixed rate bond offer an interest rate of 2.01%.

Its 1, 2 and 3 year bonds and ISAs are available at 1.15%, 1.25% and 1.50%, respectively.

Customers can deposit the annual ISA limit of £15,240 into Skipton’s fixed rate ISAs and are also able to transfer in previous years' ISA allowances.

Kris Brewster, Skipton’s Head of Products, said: “We are pleased to reintroduce our five year fixed term savings products for those looking to invest over the longer term. Our Bonds and E-Bonds allow customers to save up to £1,000,000, and our Fixed Rate ISAs continue to offer savers attractive rates despite the low rate environment.”