Skipton reacts swiftly to Bank of England interest rate rises

Skipton International is delivering good news to savers with its quick reaction to this lunchtime’s Bank of England base rate announcement.

Skipton International is delivering good news to savers with its quick reaction to this lunchtime’s Bank of England base rate announcement.

It will be offering higher interest rates with effect from Monday 20 June.

Skipton will be offering a Five Year Fixed Rate of 2.50% p.a AER, a Two Year Fixed Rate of 2.30% p.a. AER, and a One Year Fixed Rate of 2.10% p.a. AER, providing customers with the opportunity to earn a guaranteed fixed income on their savings. Alongside its fixed rate products, Skipton’s popular easy access account, the Personal Access account, remains on offer, paying a variable rate of 1.00% AER. All savings products require a minimum balance of £10,000 and may be withdrawn at short notice.

Skipton currently serves customers in over 100 different countries and offers savings products to both individual and corporate customers. 

Aaron Walden, Senior Commercial Manager of Skipton International, said: “While Skipton International has a reputation for consistently offering attractive savings products, now is the time to be comparing what you currently earn on your savings against what Skipton is offering.  Our range of savings accounts offer plenty of flexibility, with many customers choosing to deposit their funds across multiple products and terms. I’d urge anyone wanting to know more to check online at: www.skiptoninternational.com”

Skipton International is a leading offshore bank, based in Guernsey, offering a range of competitive sterling savings accounts and UK buy-to-let mortgages. It is recognised as providing exemplary levels of customer service having been awarded the Feefo Platinum Award for three consecutive years for continuous positive feedback from customer reviews.