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Skipton improves 2yr ISA

Skipton improves 2yr ISA

Category: ISAs
Date: 02/03/2017

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 It is now over 6 months old so the content may be out of date.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 amended selected fixed rate accounts, increasing rates by up to 0.20%. Its two-year ISA particularly stands out, now holding a competitive place in the Best Buy chart for its sector, earning a high rating in the process.

The basics…

The 2 Year Fixed Rate ISA now boasts a fixed rate of 1.20%, paid on its anniversary. A version paying 1.19% on a monthly basis is also available.

The finer details…

The account requires a minimum investment of £500. It allows transfers in from other ISAs and additions while the issue remains open. Earlier access is permitted subject to closure of the account and a 180-day loss of interest penalty, the same penalty as applies to transfers out. The account can be opened and operated in branch and by post.

Why we like it…

This deal's highly competitive rate and flexibility have earned it a high rating and a top-three place in the Best Buys.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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