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19 Month Fixed Rate Bond

Earn 4.81% AER fixed on your savings

  • 4.81% gross pa/AER fixed (annual interest)
  • 4.71% gross / 4.81% AER fixed (monthly interest)
Summary Box Apply Online

18mfrb

This account might be right for you if you:

  • want to pay in from £1 and you don't want to continue to pay in after 11/11/2026.
  • want a fixed rate of interest that's guaranteed for the fixed term.
  • don’t need access to your savings during the fixed term.
  • are aged 16 and over.

Summary Box

It is important that you read all parts of the Summary Box before you apply.

Account Name

19 Month Fixed Rate Bond

What is the interest rate?

Balance:

£1+

Annual interest:

4.81% gross pa/AER

Monthly interest:

4.71% gross / 4.81% AER

  • The fixed rate term begins from the first payment into the account.
  • This account earns interest daily and it can be added to the account either annually or monthly.
  • If you choose annual interest, it’s added to the account the day before the anniversary of account opening and the day before the end of the fixed term.
  • If you choose monthly interest, it’s added to the account the day before the same date in the month the account was opened. For example, if the account was opened on the 30th of the month, monthly interest would be added on the 29th. If there’s no such date, it will be added on the last day of the month.
  • 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. Interest due in the first three days of the new tax year may arrive up to three business days later.

Can Skipton Building Society change the interest rate?

  • The interest rate is fixed for the term of the account.

What would the estimated balance be at the end of a fixed term based on a £1,000 deposit?

Opening balance:

£1,000

Estimated balance after fixed term:

£1,077

The estimated balance above assumes that:

  • the account is opened with £1,000 and starts earning interest straight away.
  • no further deposits or withdrawals are made.
  • the interest is paid annually and on maturity.
  • the interest is added to this account.

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 the account receives the deposit.

How do I open and manage my account?

  • This account is only 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 by phone. You may be required to set up appropriate security and access measures, and these might differ depending on how you choose to manage the account.
  • The minimum opening and operating balance for this account is £1.
  • The minimum operating balance must be met for interest to be earned.
  • Any payments into this account need to be received on or before 11/11/2026. After this, the account will be closed to payments in.
  • The maximum balance for this account is £1 million.
  • Joint accounts are allowed, but cannot be opened in the Skipton App.

Can I withdraw my money?

  • You've 14 days from when you open the account to notify us if you wish to cancel the account.
  • You can’t withdraw money until the end of the fixed term.
  • At the end of the fixed term, which is known as ‘maturity’, the account will automatically transfer into a new 1 year fixed rate bond, unless you tell us otherwise when we contact you before maturity. You can find out more about the maturity process in term 9 of the further terms and conditions.

Additional information

  • The Annual Equivalent Rate (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.

Apply online

You are applying for: 19 Month Fixed Rate Bond

Choose how often you receive interest
Apply Online Apply Online

New to Skipton? You can also apply through our app

  1. Download our Skipton by invite app
  2. Create your account
  3. Apply for your chosen savings account
Download on the App Store Get it on Google Play

Not available for joint accounts, foreign tax residents, BFPO addresses or Crown employees.

Apply in branch

If you’d like to open your account in branch, to avoid disappointment we recommend you call 0345 850 1722 to speak to a colleague at our head office to set up an appointment at a time and date to suit you.

Find a branch

Apply over the phone

You can open this account over the phone.

Call us on 0345 600 6807.

Apply by post

Download the form below and post it to us.

Savings Operations
Skipton Building Society
The Bailey
Skipton
BD23 1DN

Savings Account Application Form [PDF]

You're protected up to £120,000

Your eligible deposits with Skipton Building Society are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Learn more about the FSCS

FSCS protected