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Cash ISA Saver Issue 19

3.90% tax-free pa/AER variable
(Annual Interest)

Ready to apply?

This account might be right for you if:

  • you're happy with a variable rate of interest that can go up or down
  • 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 and/or previous tax years.

Summary Box

Account name Cash ISA Saver Issue 19
What is the interest rate?
Annual Interest 3.90% tax-free pa/AER
Interest is earned daily and paid on the anniversary of account opening.
Monthly Interest: 3.83% tax-free /3.90% AER
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.
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 £1,039 based on the following assumptions:
  • £1,000 is paid in when the account is opened 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
  • The interest rate stays the same for the full 12 months
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 be opened and managed online (cannot currently be opened in the Skipton App), over the phone, by post or in branch.
  • For each means of managing your account you wish to use, you’ll be required to set up appropriate security and access measures.
  • To open and operate the account a valid email address must be provided.
  • You can save from £1 up to your total ISA allowance each tax year (which is £20,000 for the 2023/24 tax year), plus any ISA transfers, up to a maximum of £1 million.
  • You can find information on how to transfer an existing ISA into this account in the Cash ISA Saver key features and account terms and conditions.
  • No joint accounts allowed.
Can I withdraw money?
  • Yes, subject to you setting up the relevant security measures, you can withdraw online, in branch, by phone (if you’ve set up phone access) or by post. You don’t need to give us notice and there are no penalties.
  • This account is flexible, so you can withdraw money and put it back without affecting your ISA allowance, as long as it’s done in the same tax year and the account is still open.
Additional information
  • AER stands for Annual Equivalent Rate and shows what the interest would be if interest was paid and added each year.
  • All ISA interest is paid tax-free, which means it's exempt from income tax. Tax rules may change in future.
  • Accounts can be withdrawn from sale at any time and without notice.

Before you apply

Ready to apply?

3.90% tax-free pa/AER variable
(Annual Interest)

Apply online (annual interest)

3.83% tax-free/3.90% AER variable
(Monthly Interest)

Apply online (monthly interest)

Other ways to apply

You need 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.

Branch

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

Phone

You can apply for this account over the phone. Call us on 0345 608 0783 or arrange a call back.

Post

Return your application form and cheque to:

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

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].

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We always listen to you

If you are not satisfied with our services we have an internal complaints procedure. For more information please call us on 0345 608 0783, 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

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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To help maintain service and quality, some telephone calls may be recorded and monitored.

Site intended for UK residents only. Skipton Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 153706, for accepting deposits, advising on and arranging mortgages and providing Restricted financial advice.
Principal Office, The Bailey, Skipton, North Yorkshire, BD23 1DN.

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