Skipton launches market leading offshore savings bond

Skipton launches market leading offshore savings bond

22nd August 2017

Skipton International (Skipton) has today launched a new three-year fixed rate savings bond with a market-leading interest rate of 1.50% AER.

The bond, which matures 30 September 2020, pays annual interest on balances between £10,000 and £5 million.

Earlier this year Skipton won the Moneyfacts Best Offshore Savings Provider 2017 – a recognition of the Guernsey regulated bank’s competitive rates and excellent customer service. This is the 4th time Skipton has won a Moneyfacts Award – one of the most prestigious awards in the finance industry.

The Moneyfacts Awards involve an independent assessment of personal finance products with input from IFAs. Skipton has been commended, highly commended or won an award for the past eight years.

Jim Coupe, Managing Director, Skipton International, said: “Competitive interest rates and great customer service are an important part of our offering. Skipton consistently offers leading market rates on offshore savings accounts for British expats and Crown Dependency residents, while our great customer service has also been independently recognised by Feefo, winning their Gold Trusted Service award.”

Skipton offers a range of offshore savings accounts including a 200-day notice account, paying 1.00% on balances over £10,000, and an easy access account paying 0.50% on balances over £10,000.