New top offshore bonds from Skipton | Product News - Moneyfacts

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New top offshore bonds from Skipton

New top offshore bonds from Skipton

Category: Offshore savings
Date: 16/09/2016

Skipton International Ltd has re-launched into the offshore fixed rate savings market with two excellent bonds. The one and two-year accounts are market-leaders for their individual terms, and have therefore stormed straight into the top three of the fixed offshore Best Buy chart.

The basics…

The one-year Fixed Rate Bond boasts a rate of 1.30% yearly to 18.09.17, while the two-year equivalent pays 1.40% to 18.09.18. Both also offer monthly versions paying slightly reduced rates (1.29% and 1.39% respectively).

The finer details…

Both bonds require a minimum investment of £10,000. Withdrawals and additions are not allowed. The accounts can be opened in branch or by post and are then operable via the same methods as well as by phone.

It should be noted that funds held in these accounts are protected under the Guernsey Depositors' Compensation Scheme, whereby the first £50,000 per person, per bank/building society, is covered.

Why we like them…

These market-leading bonds will be attractive to short-term savers thanks to their highly competitive rates. As such, they rightly deserve their Moneyfacts rating and leading entries into the chart for their sector.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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