Give your savings a boost with Skipton BS - Savings - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Give your savings a boost with Skipton BS

Give your savings a boost with Skipton BS

Category: Savings

Updated: 02/11/2010
First Published: 02/11/2010

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 BS has increased the rate paid on its My Savings account, with interest guaranteed to remain 1.50% above the base rate until 31 January 2012.

The product now pays 2.50% (+0.25%) and the monthly option has also been increased.

This rate increase on the recently launched straightforward internet operated account is good news for investors.

Paying 2.50%, it improves its position within the highly competitive internet market and should prove popular with clients who are happy to transact online.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.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

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.
 
Close