Skipton BS unveils long-term ISA - ISAs - News - Moneyfacts


Skipton BS unveils long-term ISA

Skipton BS unveils long-term ISA

Category: ISAs

Updated: 05/02/2013
First Published: 05/02/2013

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Skipton Building Society has launched a highly competitive fixed-rate ISA available to savers with deposits of £500 and over.

The basics…

This account pays an annual rate of 2.50%, with a monthly interest option also available at 2.47%.

The finer details….

Further additions can be made whilst the issue remains open and funds can be accessed on account closure, subject to a 180 day loss of interest penalty.

Transfers in are accepted. The account is available to investors aged 16 and over and can be operated in branch or by telephone.

Why we like it….

This attractive tax-free account should prove popular with savers looking to lock their money away for a five year period.

What next?

Compare the best savings rates
4 & 5 year fixed rate bonds

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

All ISA rates fall below 1.00%

It can’t be denied that the ISA sector has had a tough time of late, and it's taken a significant toll, with our latest figures showing that all average ISA rates have fallen below 1.00% for the first time on record.

Top 6 inflation-beating cash ISAs

Inflation took an unexpected dip in October, official figures have revealed, with the measure of CPI standing at 0.9% (down from 1% in September).

6 of the best variable cash ISAs

The announcement of a flexible ISA came as welcome news this week: soon, savers will be able to withdraw cash and put it back in later...