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

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Skipton’s market-leading ISA

Skipton’s market-leading ISA

Category: ISAs
Date: 17/03/2014

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 It is now over 6 months old so the content may be out of date.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 range of ISAs with the five-year option retaining its market-leading position in the Moneyfacts best buys.

The basics…

Online 5 Year Fixed Rate ISA pays a market leading rate of 3.00% to 15.4.19, while there is the option to have the interest paid monthly at the slightly reduced rate of 2.96%.

A branch operated version of this account is also available.

The finer details…

The account can be opened with a minimum investment of £500 and further additions are permitted while the issue remains open with transfers in permitted up to 30 days after the issue is closed.

No withdrawals are allowed but early access to funds is, subject to closure of the account and the penalty of 240 days' loss of interest.

Why we like it…

This five year option pays a market-leading rate and, combined with the choice to access funds early, makes it a competitive ISA for those that are happy to lock their money away for the longer term.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best ISA rates in the market using our best buy charts

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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