ISAs

Online Fixed Rate Cash ISAs

May be right for you if:

• you have a lump sum to invest
• you want a fixed rate of interest that's guaranteed for the fixed term
• you want to be able to transfer in ISA savings from current or previous tax years
• you don't want to continue to pay in or request ISA transfers in after the first seven days of the account opening.

When your fixed term ends your account will transfer into a 1 Year Online Fixed Rate Cash ISA unless you tell us otherwise.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. All ISA and Child Trust Fund interest is paid tax-free, which means it’s exempt from income tax. We pay all non ISA 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.

Please be aware that products can be withdrawn at any time and without notice.

If you’d prefer to speak to one of our colleagues face-to-face, pop into your local Skipton branch and you'll find that where similar branch-based accounts are available, the rates are exactly the same.

Cash ISA Tracker

Our Cash ISA Tracker may be right for you if:

• you want a variable rate of interest that is guaranteed to track 0.46% above the Bank of England Base Rate until 6 May 2020
• you’re happy to accept limited access to your money.

Our Special Edition Cash ISA Tracker may be right for you if:

• you have a lump sum of £20,000 or more to deposit
• you want a variable rate of interest that is guaranteed to track 0.61% above the Bank of England Base Rate until 6 June 2021
• you’re happy to accept limited access to your money.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. All ISA and Child Trust Fund interest is paid tax-free, which means it’s exempt from income tax. We pay all non ISA 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.

Please be aware that products can be withdrawn at any time and without notice.

If you’d prefer to speak to one of our colleagues face-to-face, pop into your local Skipton branch and you'll find that where similar branch-based accounts are available, the rates are exactly the same.

Easy Access ISA

May be right for you if:

• you'd like easy, flexible access to your money without affecting your ISA allowance
• you want to be able to transfer in ISA savings from current or previous tax years.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. All ISA and Child Trust Fund interest is paid tax-free, which means it’s exempt from income tax. We pay all non ISA 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.

Please be aware that products can be withdrawn at any time and without notice.

If you’d prefer to speak to one of our colleagues face-to-face, pop into your local Skipton branch and you'll find that where similar branch-based accounts are available, the rates are exactly the same.

Cash Lifetime ISA

May be right for you if:

• you’re aged 18-39
• you want to save up to £4,000 each year towards buying your first home or helping to fund your retirement
• you accept that unless you are using it to buy your first home, accessing your Lifetime ISA savings before you turn 60 will incur a 25% government withdrawal charge
• you won't need to access your money within the first 12 months, even if it's to buy your first home.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. All ISA and Child Trust Fund interest is paid tax-free, which means it’s exempt from income tax. We pay all non ISA 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.

Please be aware that products can be withdrawn at any time and without notice.

Stocks & Shares ISAs

We provide financial advice to help you invest in Stocks & Shares ISAs through a range of quality providers. Stocks & Shares, which are a tax-efficient way to invest your money, can potentially offer greater returns than a Cash ISA, but their value can go down as well as up, meaning you could get back less than you originally invested. The tax treatment of ISAs may be subject to change in the future.

What are the benefits of a Stocks & Shares ISA?

• The potential returns can be higher than cash equivalents, especially with the current low interest rates
• Any gains you make are protected from capital gains tax, but there could be tax paid within the fund you have invested
• No need to declare any investments that you have in a Stocks & Shares ISA on a tax return

What are the risks?

• Stock market-based investments are not like building society savings accounts as your capital is at risk and you may get back less than you invested.
• The value of your investments and any income from them may fall as well as rise.