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Savings Accounts

Score for Skipton Building Society

More ways to save

Not sure what’s right for you? Visit our Savings Hub where you'll find lots of useful information, help and support. We’d always recommend reviewing your savings regularly.

 Pile of £20 notes wrapped in currency straps

Could your money work harder?

There’s over £250 billion* in UK current accounts earning no interest. See if you could make more of your money in a savings account with us.

Book your FREE review

* Source: CACI Current Account & Savings Database, Stock, June 2023. There are over 7 million current accounts with balances of £10,000 or over (equating to £255bn in balances) earning 0%.

Personal Savings Allowance

Are you a basic or higher rate taxpayer? If so, you’re entitled to a Personal Savings Allowance (PSA), for most people this means you can earn some savings interest without paying tax. Understanding your allowance could help you get a better idea of how to manage and get more from your savings.

PSA Explained

Get a quick overview on what PSA is and how it works.

How the PSA works

PSA Calculator

Use our PSA Calculator to help understand if you might need to pay any tax on the savings interest you earn.

Use our PSA Calculator

Other ways we can help with savings

Bank of England base rate change

The Bank of England increased the bank base rate from 5.00% to 5.25% on 3 August 2023.

Find out more about how this change could affect your mortgage or savings account.

Base rate changes

You're protected up to £85,000

Your eligible deposits with Skipton Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Learn more about the FSCS

FSCS - Protecting Your Money
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