Skipton BS

Skipton Building Society savings accounts and interest rates

Skipton Building Society offers a broad range of savings accounts with interest rates up to 4.35%.

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Skipton has been providing for UK customers since 1853, growing to become one of the UK’s largest building societies.

Skipton Building Society offers a range of products targeted at those saving for their future and potential home ownership, including savings, mortgages, retirement, insurance, and legacy-based services. Read on to find out if Skipton Building Society savings accounts would be well suited to your financial circumstances.

Easy access savings accounts

Table: sorted by interest rate
Skipton Building Society's best easy access rate of 2.9% is significantly lower than today's market-best rate of 5.12%.
Name Product Account type Withdrawals Min. opening balance Interest rate Deposit protection Open via Incentive Apply link
Skipton BS – Base Rate Tracker Account Issue 4
Variable
1 days notice needed
£1
2.9% AER variable
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone
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Skipton BS – Branch Base Rate Tracker Account Issue 4
Variable
1 days notice needed
£1
2.9% AER variable
FSCS logo
protected
Open via: branch, post, telephone
Go to site
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Skipton BS – Base Rate Tracker Account Issue 4
Variable
1 days notice needed
£1
2.9% AER variable
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone
Go to site
View details
Skipton BS – Branch Base Rate Tracker Account Issue 4
Variable
1 days notice needed
£1
2.9% AER variable
FSCS logo
protected
Open via: branch, post, telephone
Go to site
View details
Skipton BS – Easy Access Saver Issue 2
Variable
1 days notice needed
£1
2.85% AER variable
FSCS logo
protected
Open via: branch, website, post, telephone
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Cash ISAs

Table: sorted by interest rate
Skipton Building Society's best cash ISA rate of 4% is very slightly lower than today's market-best rate of 4.26%.
Name Product Interest rate Minimum investment Interest paid Withdrawals Deposit protection Open via Incentive Apply link
Skipton BS – 2 Year Fixed Rate Branch Cash ISA Issue 206
4% AER fixed for 2 years
£500
Anniversary of account opening
Withdrawals not permitted
FSCS logo
protected
Open via: branch, post, telephone
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Skipton BS – 2 Year Fixed Rate Cash ISA Issue 206
4% AER fixed for 2 years
£500
Anniversary of account opening
Withdrawals not permitted
FSCS logo
protected
Open via: branch, website, post, telephone
Go to site
View details
Skipton BS – 2 Year Fixed Rate Cash ISA Issue 206
4% AER fixed for 2 years
£500
Monthly
Withdrawals not permitted
FSCS logo
protected
Open via: branch, website, post, telephone
Go to site
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Skipton BS – 2 Year Fixed Rate Branch Cash ISA Issue 206
4% AER fixed for 2 years
£500
Monthly
Withdrawals not permitted
FSCS logo
protected
Open via: branch, post, telephone
Go to site
View details
Skipton BS – 1 Year Fixed Rate Cash ISA Issue 206
3.5% AER fixed for 1 year
£500
Anniversary of account opening
Withdrawals not permitted
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protected
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Fixed-rate bonds

Table: sorted by interest rate
Skipton Building Society's best fixed-rate bond rate of 4.35% is very slightly lower than today's market-best rate of 4.68%.
Name Product Interest rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Apply link
Skipton BS – 3 Year Fixed Rate Bond Issue 206
4.35% AER fixed for 3 years
£500 - £1,000,000
Monthly
Withdrawals not permitted
Branch, website, mobile app, post, telephone
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone
Go to site
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Skipton BS – 3 Year Fixed Rate Bond Issue 206
4.35% AER fixed for 3 years
£500 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, website, mobile app, post, telephone
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone
Go to site
View details
Skipton BS – 3 Year Fixed Rate Branch Bond Issue 206
4.35% AER fixed for 3 years
£500 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, post, telephone
FSCS logo
protected
Open via: branch, post, telephone
Go to site
View details
Skipton BS – 3 Year Fixed Rate Branch Bond Issue 206
4.35% AER fixed for 3 years
£500 - £1,000,000
Monthly
Withdrawals not permitted
Branch, post, telephone
FSCS logo
protected
Open via: branch, post, telephone
Go to site
View details
Skipton BS – 2 Year Fixed Rate Branch Bond Issue 206
4% AER fixed for 2 years
£500 - £1,000,000
Monthly
Withdrawals not permitted
Branch, post, telephone
FSCS logo
protected
Open via: branch, post, telephone
Go to site
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Notice savings accounts

Table: sorted by interest rate
Skipton Building Society's best notice savings account rate of 3.25% is slightly lower than today's market-best rate of 4%.
Name Product Account type Withdrawals Open with Deposit protection Interest rate Open via Incentive Apply link
Skipton BS – 120 Day Notice Account Issue 11
Variable
120 days notice needed
£1 - £1,000,000
FSCS logo
protected
3.25% AER variable
Open via: branch, post, telephone
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Skipton BS – 60 Day Notice Account Issue 5
Variable
60 days notice needed
£1 - £1,000,000
FSCS logo
protected
3% AER variable
Open via: branch, post, telephone
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Business savings accounts

Table: sorted by interest rate
Skipton Building Society's best business savings account rate of 2.85% is significantly lower than today's market-best rate of 4.35%.
Name Product Interest rate and type Interest paid Invest Term Open via Incentive Apply link
Skipton BS – Community Saver Issue 10
2.85% AER variable
Monthly
£1 - £1,000,000
1 day notice
Open via: branch, post
Go to site
View details
Skipton BS – Community Saver Issue 10
2.85% AER variable
Anniversary of account opening
£1 - £1,000,000
1 day notice
Open via: branch, post
Go to site
View details
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Overview of Skipton Building Society savings

Savings account types include Easy access, cash ISAs, fixed-rate bonds, notice accounts, business
Best easy access rate 2.9%
Best cash ISA rate 4%
Best fixed-rate bond rate 4.35%
Best notice account rate 3.25%
Best business savings account rate 2.85%
Fixed bond terms 1 year - 3 years
Notice account periods available 60 days - 120 days
Opening options Branch, website, mobile app, post, telephone
FSCS protection

How do I decide which account is for me?

You need to work out what it is you need from your bank account. Are you looking to put a bit of money away each month? Do you want to put some money away and restrict access to it? Are you after rewards or hoping to maximise interest?

You need to work out what you need before comparing the different offers available for certain types of bank account. Once you’ve done that, useful guidelines to compare include:

  • Interest rates
  • Fees (if there are any)
  • Access to cash (if you need quick access for instance)
  • Rewards and loyalty schemes (if you’re into the add-ons or switching bonuses)

Does Skipton offer online or mobile banking?

Yes. Skipton offers both internet banking and an app, which can be dowloaded from both the Apple Store and the Google Play Store.

When you open an account you’ll be given a Customer ID along with your password and memorable details, to log into your account. Here are some of the basic features of Skipton’s online banking service:

  • Easy to navigate around savings section
  • Manage and arrange transactions
  • Manage personal details and preferences
  • Web Chat and secure messages
  • Website optimised for use on desktop, mobiles and tablets

What is a 'building society'?

A building society is a financial institution owned by its members. They offer banking, and related financial services including mortgages and savings.

Whereas banks are normally listed on the stock market and run for their shareholders, building societies aren’t. Because they don’t have shareholders to pay, building societies have historically claimed to offer better interest and cheaper mortgage rates than banks.

Pros and cons of saving with Skipton Building Society

Pros

  • Well trusted. Skipton has built its reputation over many years with UK customers, and can be regarded as a trusted building society.
  • Better interest rates. Building societies don’t have shareholders to pay, and have usually claimed to offer better interest rates than banks.
  • Customer service. Skipton’s customer service has won them several awards.

Cons

  • No current account options available. Some people may prefer having their current and savings accounts with the same institution.

The bottom line

Whether you want to lock away your money for a fixed amount of time, or need to be able to access it whenever required, Skipton Building Society offers a range of savings accounts. Don’t forget to check out our top savings rates first, though, to see how they weigh up against the competition in terms of rates, fees and perks.

Savings ratings

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Our customer satisfaction scores ("Customers say") are based on a survey of 2,224 customers carried out in December 2022.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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2 Responses

    Default Gravatar
    GlenysMarch 19, 2018

    Can I get a debit or credit card from Skipton Building Society. I have a savings account and my pension is paid into that account also.

      Avatarfinder Customer Care
      MayMarch 26, 2018Staff

      Hi Glenys,

      Thanks for reaching out to finder. Looks like there are no debit or credit card products available at Skipton Building Society. Nevertheless, you may like to check your options for a credit card on this page and for debit cards (from current account) here. Best to check the details and eligibility requirements first before you submit your application or contact the bank to discuss your options.

      Cheers,
      May

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