Skipton International raising interest rates

Skipton International raising interest rates

16th December 2016

Skipton International is today (16 December 2016) raising interest rates on a range of savings accounts and is to launch a new two-year bond with a market-leading 1.75% AER.

 The new bond, which matures 15 January 2019, is available to new and existing customers on balances between £10,000 and £5 million.

Jim Coupe, Managing Director, Skipton International, said: “We are committed to offering our customers a good return on their savings, and with some of the best rates on the market, our offshore savings accounts constantly deliver that. In addition to the new bond, customers who require more flexibility may be interested in our updated range of variable rate savings accounts, which also offer higher rates of interest.”

Skipton International won Best Offshore Account Provider 2016 at the Moneyfacts Awards; the third time Skipton has won a Moneyfacts Award, and the bank has been commended, highly commended, or has won an award for the past seven years.

Jim said: “Competitive interest rates are just one factor behind our success as an offshore savings provider; excellent levels of customer service, and a quick and straightforward system for opening new accounts are equally important.”

The Guernsey-registered bank offers a range of offshore savings accounts including Notice, Easy Access, and Fixed Rate accounts, to Channel Island residents and British expats in over 100 countries around the world.