3 Year Fixed Rate E-Bond Issue 82

1.70% to 1.80% gross pa/AER fixed

Ready to apply?

This account may be right for you if:

  • you have a lump sum to invest and you don't want to continue to pay in after the first 7 days of the account opening
  • you want a fixed rate of interest that's guaranteed for the fixed term
  • you don't want to withdraw money before the end of the fixed term.

Summary Box

Account name

3 Year Fixed Rate E-Bond Issue 82

What is the interest rate?

Balance Annual Interest
(tax free pa)
Monthly Interest
(tax free pa)
AER
(tax free pa)
£500 - £19,9991.70% gross pa1.69% gross pa1.70%
£20,000+1.80% gross pa1.79% gross pa1.80%
  • Annual Interest Rate
    Interest is earned daily and paid on the anniversary of account opening.
  • Monthly Interest Rate
    Interest is earned daily and each month's interest is paid on the same date your account was opened or the last day of the month if shorter.

    For balances eligible for higher rates of interest, the higher rate applies to the total balance.

Can Skipton Building Society change the interest rate?

The interest rates are fixed for the term of this account. This means we won't change the interest rates, but if your account balance increases and you become eligible for the higher interest rate, this will be applied to your account for the remainder of the fixed term.

What would the estimated balance be at the end of the fixed term?

Based on a deposit of Projected balance
£1,000 £1,051
£20,000+ £21,099

The estimated balance projections assume that;

  • the account is opened with the amount stated and interest starts being earned straight away
  • no further deposits or any withdrawals are made
  • the interest is paid annually and added to the account.

Estimated balances are for illustrative purposes only and may be less for accounts opened by debit card or cheque.

How do I open and manage my account?

  • This account is available to UK residents aged 16 or over and can only be opened and managed online.
  • The first payment into the account can be made by debit card, electronic payment (but not Direct Debit) from another UK bank or building society account or transfer from another Skipton account. After that, you can also pay in by cash (in branch only, and we'll need to see some photographic ID for the first cash payment) or cheque (in branch or by post). You can pay in for seven days after the date of your account opening. After this your account may be closed to further deposits at any time and without notice.
  • You can save from £500 up to £1 million per account.
  • Joint accounts are allowed.

Can I withdraw money?

  • No, you can't withdraw money until the end of the fixed interest rate term, which is also known as 'maturity'.
  • At maturity your account will automatically transfer into a new 1 Year Fixed Rate E-Bond, unless you tell us otherwise, and you'll have 21 days to change your mind.
  • We'll contact you before maturity and you can find out more about the maturity process in condition 8 of the further terms and conditions.

Additional information

  • AER stands for Annual Equivalent Rate and 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 the 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 condition 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.

You can apply for this account securely online. If you are not an existing Skipton Online customer, we will set up your online access as part of this process.

Ready to apply?

Pay my interest annually

1.70% to 1.80% tax free PA/AER

Apply online now

Pay my interest monthly

1.69% to 1.79% tax free PA/AER

Apply online now

If you are not satisfied with our services we have an internal complaints procedure. For more information please call us on 0345 850 1722, ask in branch or visit our Complaints page.

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

www.financial-ombudsman.org.uk

For products and services bought online you can also refer to the Online Dispute Resolution platform (ODR) at ec.europa.eu/odr/. As we're a UK building society, the ODR will still refer you to the Financial Ombudsman Service as the alternative dispute resolution body. The Financial Ombudsman Service will refer you back to our complaints process unless you've already been through this.

Financial Services Compensation Scheme

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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