Skipton International pushes out offshore boat - Offshore savings - News - Moneyfacts


Skipton International pushes out offshore boat

Skipton International pushes out offshore boat

Category: Offshore savings

Updated: 30/11/2009
First Published: 30/11/2009

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 It is now over 6 months old so the content may be out of date.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 International has really pushed the boat out for offshore savers with the launch of the fourth issue of its International Bonus account.

A market leading no notice account, a minimum investment of £10K pays 2.75% yearly (2.65% monthly), £50K pays 2.90% yearly (2.80% monthly) and £100K pays 3.00% yearly (2.90% monthly).

The rates include a 1.00% bonus until 31.1.11, after which they are guaranteed to be at least 1.00% (0.90% monthly) above Bank of England base rate until 31.1.12 and then at least Bank of England base rate until 31.1.13.

From 1.2.13, the rates will revert to a variable rate.

Any money going into the account must be new to Skipton International, while a minimum transaction level of £1K is also imposed.

While savers must remember to review their circumstances once the 1.00% bonus expires, the top of the range rates means this account earns four out five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.

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