Skipton launch new higher interest savings accounts

Skipton launch new higher interest savings accounts

5th December 2017

Skipton International (Skipton) has announced some exciting new ways for customers to save, with the launch of a sterling Fixed Rate Bond and an International Savings Account offering highly competitive interest rates.

The new market leading Fixed Rate Savings Bond, with an annual interest rate of 1.40% AER, will mature on 15 March 2019. The bond will sit alongside Skipton’s current 2 Year Fixed Rate Bond offering which will earn customers 1.50% AER and matures on 15 January 2020. Both bonds offer annual interest and are limited in size being provided on a first come, first served basis, so may be withdrawn at any time.

Skipton has also launched a new International Savings 200 account, which requires 200 days notice for withdrawals. It will provide customers annual interest at 1.25% AER.

For those who want more flexibility in their savings, Skipton have an International Savings Access account paying 0.75% AER, with no notice required on withdrawals. They also offer a 40-day notice savings account offering 0.85% AER.

Jim Coupe, Managing Director, Skipton International said: “As a small bank we seek to offer our customers a range of some of the best savings products on the market. We are delighted to be able to offer these new competitive Savings Accounts at higher interest rates than the previous equivalents and expect they will prove popular.

The Guernsey-regulated bank offers a range of offshore savings accounts including Notice, Easy Access and Fixed Rate accounts to Crown Dependency residents and others in over 100 countries.