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Take advantage of the FTSE 100 with no risk to your capital.

Please note:

Before opening an account, please ensure that you read:

• The further terms and conditions as below.
• The separate Investment Account Terms and Conditions.

These contain important information about our accounts.

If you are a new customer please bring some form of identification and verification of address as detailed in the "Proving Your Identity" leaflet. For further assistance, call your local branch or Principal Office.

Further terms and conditions for the Guaranteed Double Asset Bond

1. All transactions must be made by cheque or transfer.
2. All transfers to and from other Skipton accounts (where applicable) are subject to the terms and conditions of those other accounts.
3. The Guaranteed Double Asset Bond is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited ('FTSE') or by the London Stock Exchange Plc ('the Exchange') or by the Financial Times Limited ('FT') and neither FTSE nor the Exchange nor FT makes any warranty or representation whatsoever, expressly or implied, either as to the results to be obtained from the use of the FTSE 100 Index ('the Index') and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated solely by FTSE. However, neither FTSE nor Exchange nor FT shall be liable (whether in negligence or otherwise) to any person for any error in the Index and neither FTSE nor the Exchange nor FT shall be under any obligation to advise any person of any errors therein.
4. If on any individual date or number of dates which are used as part of the FTSE reading there shall occur (i) any disruption in the trading in such securities which compromises the FTSE 100 Index (ii) a failure to calculate or announce the FTSE 100 Index, or (iii) if there is no closing price for the initial FTSE reading, then the Society may be entitled to take the level of the next available closing price. If there is no closing price for any business day which falls during the calculation for the final FTSE reading, the Society will omit that closing price from the averaging period.
5. If the FTSE 100 Index published rates shall be corrected during the course of the next succeeding business date, then and only then the corrective rate shall apply, unless that business day is after the maturity date, then the last Index closing price would be used.
6. 'FTSE®', 'FT-SE®' and 'Footsie®' are trademarks of the London Stock Exchange Plc and the Financial Times Limited and are used by FTSE International Limited under Licence. 'All-World', 'All-Share', 'All-Small' and 'FTSE4Good' are trademarks of FTSE International Limited.
7. In the event that the FTSE 100 Index ceases to exist, the Society will, at its complete discretion, determine a new method of calculation for the Index Linked Bond.
8. If an investor dies prior to maturity of the bond the Society will, if requested to do so by either the executor/administrator or the person entitled to the beneficial interest in the Guaranteed Double Asset Bond, on receipt of appropriate evidence, return the original investment in full with interest equivalent to the top rate on our High Street account (a variable rate access account) to the date of death.
9. If you are not receiving any advice on applying for the Guaranteed Double Asset Bond Issue 12, commission may still be payable to Skipton Financial Services Ltd. Commission, where payable, is paid at a rate of 4.25% of the sum invested. The amount will depend on the size of the investment. For example, for an investment of £10,000 it would be £425. The payment of this commission by Skipton Building Society will not affect the returns quoted.
10. The Guaranteed Double Asset Bond Issue 12 is a share account which confers membership rights and is subject to the Rules of the Society. Copies of the Rules can be obtained from any branch or from our Principal Office.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Gross means the interest paid before the deduction of income tax at 20%.

Let us know what you think

Making sure our members are happy matters to us. So if you think we could improve upon our products or services, or if you have a complaint, please let us know. If you'd like to find out more about our internal complaints procedure, please ask for details at any branch or from our Principal Office. Complaints we cannot settle may be referred to the Financial Ombudsman Service.

Print off an application form