3.25% gross pa/AER fixed for 12 months
A regular savings account with an attractive rate
If you're planning a luxury holiday, a dream wedding or saving for something special next year, now's the perfect time to start. Simply open a Regular Saver Account today and you'll have the perfect place to grow your savings and make your plans happen.
At Skipton Building Society, we think your savings should work as hard as you do. That's why when you put away anything up to £500 every month for 12 months you'll be earning interest at an attractive fixed rate, currently 3.25% gross pa/AER fixed. With a maximum savings amount of £6000, it'll help you turn your dreams into reality. What's more, we'll keep your money safe and secure for a whole year. For key product information, please see the Summary Box.
How you benefit
- open an account by cash, cheque or transfer, at any time of the year and get a great savings rate for 12 months
- security and peace of mind when you need it most
- make as many payments in as you like, providing they don’t exceed the maximum monthly amount
- for your convenience you can make subsequent payments in by cash (branch only), cheque, debit card, standing order or transfer
- your money stays invested for 12 months to ensure you get the most out of your money
- access your money after 12 months when interest has been capitalised then transferred automatically into an easy access account
How it works
- Accounts must be opened at a branch or alternatively application forms can be requested from Skipton Direct, these will be sent out by post.
- You can open your account with any amount up to £500.
- There is no minimum opening or operating balance.
- You can pay in anything up to £500 per month, whatever amount suits you.
- Interest will be capitalised on the account at midnight on the 12 month anniversary of your account opening and this, plus the account balance, will be transferred into another Skipton easy access account, further details will be given nearer the time. Cash withdrawals from this account are limited to £250 per day.
- You cannot make withdrawals from the Regular Saver Account during the fixed rate period. If you do need to access your money during the fixed rate period, then your account will be closed. Accrued interest will be paid to the date of closure.
- Only one Regular Saver Account allowed per customer.