Skipton refreshes savings interest rates

The Guernsey-licenced bank Skipton International has refreshed its savings offerings by increasing the interest rates on a number of its Easy Access and Variable products. The current Fixed Notice accounts remain, with the highest paying a competitive rate of 3.50% AER (maturing in March 2024).

The Guernsey-licenced bank Skipton International has refreshed its savings offerings by increasing the interest rates on a number of its Easy Access and Variable products. The current Fixed Notice accounts remain, with the highest paying a competitive rate of 3.50% AER (maturing in March 2024).

The offshore savings bank customers in over 100 countries across the world.

The new variable products, which are available immediately, are:

• Personal Saver Account 200 – 2.60% (200 days’ notice)
• Personal Saver Account 120 – 2.30% (120 days’ notice)
• Personal Saver Account 40 – 2.00% (40 days’ notice)
• Easy Access Account – 1.75% (No notice required)

Skipton International’s savings products are available for deposits in sterling and carry a minimum opening balance of £25,000 for new customers.

Aaron Walden, Senior Commercial Manager at Skipton International, said:

“Increasing our rates across our easy access and notice accounts gives customers the opportunity to save in a product that suits their individual circumstances at highly competitive rates.

“Skipton International is a leading offshore bank and offers competitive savings accounts and UK Buy-To-Let mortgages on UK properties to British expats, non-UK nationals and those living in the Crown Dependencies. We are recognised for our exemplary customer service and are a three-times Feefo Platinum Trusted Service provider.

“Full details can be found at: skiptoninternational.com/offshore-savings-accounts"

 

The bank will be reviewing its mortgage rates next week.