A market leading 3 year offshore savings bond has been launched

A market leading 3 year offshore savings bond has been launched

13th June 2017

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

The bond, which matures 31 July 2020, pays annual interest on balances between £10,000 and £5 million and has a Moneyfacts rating of ‘excellent.’

Skipton recently won the Moneyfacts Best Offshore Savings Provider 2017 – a recognition of the Guernsey’ registered 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: “Skipton consistently offers leading market rates on offshore savings accounts for British expats and Crown Dependency residents.

“Competitive interest rates play a big role in our success as an offshore savings provider, demonstrated by our recent Moneyfacts Award. Our great customer service has also been independently recognised by Feefo, winning their Gold Trusted Service award. We are currently in the process of creating an additional platform for our customers, expanding our telephone, postal, and branch services to include online savings, so we will be able to offer customers all over the world 24-hour account access.”

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.