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Regular Saver accounts

Score for Skipton Building Society

Our Regular Savers allow you to save, knowing the rate of interest is guaranteed for 12 months. You can save each calendar month for 12 months, but you won’t be able to make withdrawals. You can close the account at any time if you really need to.

Our Member Regular Saver is exclusively for existing Skipton members who joined on or before 11/01/24.

Our Regular Saver account

Account name Interest rate Product overview Ways to apply
Member Regular Saver Issue 3
7.00% gross pa/AER fixed for 12 months
  • Save from £1. If you save the maximum of £250 a month for the 12 month term, your savings including interest could total £3,113
  • No withdrawals, early closure allowed
  • Interest paid annually
  • Exclusively for Skipton members who joined on or before 11/01/24
Find out more
Member exclusive

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Please be aware that products can be withdrawn at any time and without notice.

How much can I save?

If you save the maximum of £250 a month, after 12 months your savings including interest could total £3,113.

Frequently asked questions

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How can I tell if I'm an Existing Member?

You can apply for a member savings account if you're an existing member who has held continuous membership since 11 January 2024 or before.

If you have a personal savings account or mortgage with us, it means you’re a member of the Society, as long as you keep a minimum balance of £1.

If you operate an account on someone else’s behalf, for example, as an attorney or personal representative, you are not the member – membership stays with the customer named on the account.

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How do I set up a standing order from one Skipton savings account to another?

If your account allows regular withdrawals, the easiest way to set up a standing order is to use our web chat service using the pink chat button at the bottom of the screen.

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Can I withdraw from my regular saver account?

You can’t withdraw part of your account balance during the 12-month term; however, you can close your account at any time and withdraw the full balance.

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Can I close my account early?

You can close your account at any time.

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How can I pay into the account?

If you want to send money from a UK bank or building society, please use the following banking details:

  • Account holder name: Your full name
  • Sort code: 20-78-91
  • Account number: 70798924
  • Reference: Your 9-digit Skipton account number

Important Information

We use Barclays for our banking services. So, when you are receiving or sending payments, the transaction may show up on your records as Barclays.

When setting up Skipton Building Society as a new payee, you may be asked by your provider what type of payee you would like to set up. Please select ‘business’ or ‘large business’ and remember to add your account number as the reference.

You can find other ways to pay in on our Paying in page.

Other ways to save

If a Regular Saver is not right for you, we have a range of other types of savings accounts.

  • Easy Access accounts
  • Easy Access ISAs
  • Fixed Rate ISAs
  • Fixed Rate Bonds
  • Compare savings accounts

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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