Skipton’s market-leading 5yr ISA | Product News - Moneyfacts

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Skipton’s market-leading 5yr ISA

Skipton’s market-leading 5yr ISA

Category: ISAs
Date: 25/04/2014

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 It is now over 6 months old so the content may be out of date.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 reviewed its fixed rate ISA range with the five-year option topping the Moneyfacts best buys.

The basics…

The 5 Year ISA now pays 2.75% yearly (with a monthly option paying 2.72%) to 9.6.19 on a minimum investment of £500.

The finer details…

The account must be opened online and can then be operated in the same way as well as in branch.

Transfers in are allowed while the issue remains open and up to 30 days after it closes, and top-ups to the new £15,000 NISA limit will be permitted between 1 – 31 July.

Withdrawals are not allowed but early access can be obtained on closure of the account and the penalty of 240 day loss of interest.

Why we like it…

Paying a market-leading rate of interest and allowing early access to funds, albeit with a penalty, this account should appeal to the long-term investor.

Four Moneyfacts Stars have been awarded.

What Next?

Compare
the best fixed rate ISA

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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