Skipton Building Society has today (10 October) launched a range of fixed rate Isas, which include interest rate rises on all one-year terms.
The interest rate on the society’s one-year fixed rate Isa has increased to 1.5 per cent, while the rate on its three-year fixed rate Isa is up to 2.2 per cent.
Skipton’s fixed rate Isas now have an annual limit of £15,000 and can be opened either online or in branch. They all have anniversary end dates, instead of having a fixed end date.
Kris Brewster, Skipton’s head of products, said: “The new Isa rules mean that people can put substantially more of their savings into a tax free wrapper, up to £15,000.
“Since the announcement of the New Isa we have seen a record number of Isa customers attracted to the Skipton and we are continuing to offer savers attractive rates, including increased interest rates on all one-year products.”
peter.walker@ft.com
