Regular Saver Account

Our Regular Saver Account may be right for you if:

  • you’re an existing Skipton member who joined on or before 16/08/21
  • you want the security of a fixed rate that’s guaranteed for 12 months
  • you’d like to save up to £250 per calendar month to build up a lump sum
  • you don’t need to withdraw from the account but want to be able to close the account if you really need to.

As an example, if you saved £250 a month for 12 months, you could have £3,056 saved up.

Our online Regular Saver account

Withdrawals No withdrawals. Early closure allowed.
Save from £1. Save up to £250 per month, no minimum monthly deposit
Interest rate 3.50%
gross pa/AER fixed for 12 months. Exclusively for existing Skipton members who joined on or before 16/08/21.
Ways to apply
Account Name Withdrawals Save from Interest rate Ways to apply
Online Existing Member Regular Saver Issue 1 No withdrawals. Early closure allowed. £1. Save up to £250 per month, no minimum monthly deposit 3.50%
gross pa/AER fixed for 12 months. Exclusively for existing Skipton members who joined on or before 16/08/21.

Our branch, phone and post Regular Saver account

Withdrawals No withdrawals. Early closure allowed.
Save from £1. Save up to £250 per month, no minimum monthly deposit
Interest rate 3.50%
gross pa/AER fixed for 12 months
Ways to apply
Account Name Withdrawals Save from Interest rate Ways to apply
Existing Member Regular Saver Issue 1 No withdrawals. Early closure allowed. £1. Save up to £250 per month, no minimum monthly deposit 3.50%
gross pa/AER fixed for 12 months

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Please be aware that products can be withdrawn at any time and without notice.

Frequently asked questions

You can apply for an Existing Member Regular Saver account if you're an existing member who has held continuous membership since 16 August 2021 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.

If your account allows regular withdrawals, the easiest way is to use our web chat service using the blue chat button at the bottom of the screen.

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

You can close your account at any time.

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

Sort code
20-78-91
Account number
70798924
Reference
your 9 digit Skipton account number
Payee name
Skipton Building Society

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.

Need help?

Book a video appointment

Have a face to face appointment without leaving your home.

Call us

Speak to a member of our savings team

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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