Our fixed rate bonds; an overview
- the security of a guaranteed fixed rate of interest for a fixed term of your choice
- a choice of bonds to suit your individual needs
- attractive rates
- a simple application process online, over the phone or in your local branch
- fast, friendly Skipton service
- a minimum investment of just £500, maximum £250,000 (or £500,000 for joint applications)
- top up your investment until the bond closes
- mix and match your bonds by having more than one running at a time (up to the maximum investment)
What about withdrawals?
For the 1 Year Fixed Rate Bond no withdrawals are permitted once the account has been opened. For the 2 and 3 Year Fixed Rate Bond, withdrawals are allowed by cheque or transfer on up to 25% of your initial investment should the need arise. However, once a withdrawal is made, the funds cannot be replaced. If you’d like to find out more about investments that give you access to your money, the advisers at your local branch will be happy to help, or take a look at our other online savings accounts.
What will happen when the bond matures?
Before your bond matures, we’ll write to you with a range of investment opportunities that you may like to consider. When it matures, unless you tell us otherwise, we’ll transfer your investment into a variable rate access account which keeps your money growing while you plan your next move. To find out more, just pop into your local branch or call 08457 171777*.
Something to remember...
At Skipton, we continually monitor the market to make sure we offer great rates of interest. However things can change quickly – and sometimes we have to stop offering products sooner than we expected. That’s why we recommend that if you’re interested in a particular product, you act as soon as you can.
Ready to open your bond?
For more information speak to your local branch by calling 08457 171777* or click on the links below:
1 Year Fixed Rate Bond - Until 9 January 2010
| Annual Interest Option |
Monthly Interest Option |
|
3.25% gross pa |
3.15% gross pa |
|
3.25% AER |
3.20% AER |
| Apply Now |
2 Year Fixed Rate Bond - Until 9 January 2011
| Annual Interest Option |
Monthly Interest Option |
|
3.50% gross pa |
3.40% gross pa |
|
3.50% AER |
3.45% AER |
| Apply Now |
3 Year Fixed Rate Bond - Until 9 January 2012
| Annual Interest Option |
Monthly Interest Option |
|
3.75% gross pa |
3.65% gross pa |
|
3.75% AER |
3.71% AER |
| Apply Now |
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.
Gross means the interest paid before the deduction of Income Tax at 20%.