Skipton ups rates on shorter term ISAs
Skipton Building Society has today announced the launch of a new Fixed Rate ISA range which sees interest rates increase on its one, two and three year products.
Skipton’s five year product, a regular feature in best buy tables, is still paying 3.00%.
The Society will also launch a new range of branch and online Fixed Rate Bonds, 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).
Kris Brewster, Skipton’s Head of Products, said:
“Our Bonds and Fixed Rate ISAs continue to be a consistently popular choice for our customers. The impact of a prolonged low Bank of England base rate environment means savers are continually looking for better rates and we are delighted to offer increased interest rates on our one, two and three year ISAs. We also continue to focus on offering competitive longer term fixed rates, including our five year Bond and ISA, which offers 3%.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
The Mortgage Works launches sub-3% buy-to-let rates
Tax
HMRC rule change set to impact millions of landlords and sole traders
HSBC
HSBC launches over two dozen sub-4% mortgage rates
April Mortgages
April Mortgages launches 7x loan-to-income lending
Bank Of England
Bank of England cuts interest rates by 0.25%Â in three-way vote
Pension
Government announces plans to consolidate small pension pots
