Skip to main content

Easy Access Saver Issue 3

3.80% gross pa/AER variable
(Annual Interest)

Ready to apply?

This account might be right for you if you:

  • are happy with a variable rate of interest that can go up or down
  • would like easy access to your money
  • want to keep making payments into your account
  • are aged 16 or over.

Summary Box

Account name Easy Access Saver Issue 3
What is the interest rate?
Annual Interest

3.80% gross pa/AER

  • This account earns interest daily. If you choose annual interest, it’s added to the account the day before the anniversary of account opening.
  • If you ask us to pay interest to a different account, we’ll pay it on the first business day after the day we’d have added it to this account. Business days exclude Saturday, Sunday and bank holidays.
Monthly Interest:

3.74% gross/3.80% AER

  • This account earns interest daily. If you choose monthly interest, it’s added to the account the day before the same date in the month your account was opened or, if there’s no such date, on the last day of the month. For example, if your account was opened on the 6th of the month, monthly interest would be added on the 5th.
  • If you ask us to pay interest to another account, we’ll pay it on the first working day after the day we’d have added it to this account. Working days exclude Saturday, Sunday and bank holidays.

Can Skipton Building Society change the interest rate?
  • Yes, the interest rate is variable, so it can go up or down.
  • Section 8 of our Savings Account Terms and Conditions explains why we may change the interest rate.
  • If you have at least £100 in your account, we'll notify you in advance if we intend to reduce your interest rate.
What would the estimated balance be after 12 months based on a £1,000 deposit?
  • The estimated balance after 12 months would be £1,038 based on the following assumptions:
    • the account is opened with £1,000 and starts earning interest straight away
    • no further deposits or any withdrawals are made
    • the interest is paid annually
    • the interest is added to this account
    • there is no change to the interest rates stated.
  • Estimated balances are for illustrative purposes only. They may be less for accounts opened by debit card or cheque, because interest won’t be earned until your account receives the deposit.
How do I open and manage my account?
  • This account is available to UK residents aged 16 or over.
  • To open and manage this account, a valid email address must be provided.
  • You can open and manage it through Skipton Online, in the Skipton App, in branch, by post or phone. You’ll be required to set up appropriate security and access measures. These might differ depending on how you choose to manage the account.
  • The minimum opening and operating balance for this account is £1. You must keep at least this amount in the account at all times.
  • Subsequent payments in can be made from £1.
  • The maximum balance for this account is £1 million.
  • Joint accounts are allowed, but cannot be opened in the Skipton App.
Can I withdraw money?
  • Yes, as long as you’ve set up the relevant security and access measures, you can withdraw through Skipton Online, the Skipton App, in branch, by post or phone subject to the £1 minimum operating balance. The minimum withdrawal amount is £1.
  • You don’t need to give us notice before you withdraw and there are no penalties.
  • If you withdraw by electronic payment, this must be made to a UK bank or building society account in your own name(s). We won’t make an electronic payment to any other type of account.
Additional information
  • The AER shows what the interest rate would be if interest was paid and added each year.
  • We pay all savings interest gross, which means no tax is deducted. It’s your responsibility to pay any tax due, based on your individual circumstances. Tax rules may change in future.
  • Accounts can be withdrawn from sale at any time and without notice.

Before you apply

It is important that you read the terms and conditions documents carefully. These contain the details of your agreement with us for these accounts and we will rely on them for our relationship with you.

We’ll set up your Skipton Online access as part of your secure online application, if you haven’t already registered.

Ready to apply?

3.80% gross pa/AER variable
(Annual Interest)

Apply online (Annual Interest)

3.74% gross/3.80% AER variable
(Monthly Interest)

Apply Online (Monthly Interest)

Other ways to apply

You need to have an active email address to open this account. If you don't have one, speak to us over the phone or in branch to find an account that's right for you.


If you're an existing Skipton customer, you can apply for this account in our app. Please note, joint accounts can't be opened in the app.


If you'd like to open your account in branch, please contact your local branch to arrange an appointment. Branch finder.


You can apply for this account over the phone. Call us on 0345 608 0783.


Return your application form and cheque to:

Customer Delivery
Skipton Building Society
Principal Office
The Bailey
North Yorkshire
BD23 1DN

General investment account application form [PDF]

Proving your identity

We may require identification to open the account. If you're 18 or over and on the electoral roll for your current address we may be able to verify your identification electronically, to do this please call us on 0345 608 0783 and we'll let you know straight away if you've passed our checks.

If we can't verify your identity electronically, or if you're under 18, you'll need to provide us with proof of ID as set out in our Proving your identity document [PDF].

We have an internal complaints procedure. For more information, please call us on 0345 850 1722, ask in branch or visit our Complaints page.

Also, the Financial Ombudsman Service provides a free and independent service for consumers and can be contacted at the following address: The Financial Ombudsman Service, Exchange Tower, London E14 9SR. Telephone: 0800 023 4567 or visit

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
Version Info: