Offshore savings accounts secure chart positions | Product News - Moneyfacts

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Offshore savings accounts secure chart positions

Offshore savings accounts secure chart positions

Category: Offshore savings
Date: 27/01/2016

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 It is now over 6 months old so the content may be out of date.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 International has launched a new range of offshore savings accounts onto the market, all of which have secured coveted positions in the Moneyfacts charts.

The basics…

The no notice International Saver Reserve pays a variable rate of 0.75% yearly or monthly, allowing it to sit just behind the market leader in its sector. Meanwhile, International Saver 80 is an 80-day notice account that pays a variable rate of 1.25% yearly (1.24% monthly), while its 40-day notice counterpart (International Saver 40) pays 1.00% yearly/monthly.

The finer details…

All accounts can be opened in branch or by post and can then be managed in the same way as well as by phone. A minimum deposit of £10,000 will be required for each.

The no notice account permits withdrawals and further additions at will. The notice accounts also allow unlimited further additions as well as penalty-free withdrawals, however early access won't be possible, so savers will have to abide by the respective notice periods.

Why we like it…

Skipton International's latest review ensures that all three of its new launches will be noticed by savers, appealing to those who like easy access to their funds as well as those willing to give a bit of notice. All pay competitive rates among their respective sectors, and the option of earning monthly interest offers additional flexibility.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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