Skipton Building Society  

Skipton Intl launches fixed rate savings accounts

Skipton Intl launches fixed rate savings accounts

Skipton International has launched two fixed rate savings accounts offering annual interest.

The lender now offers a two-year fixed rate bond due to mature on 2 August 2021, offering interest of 2 per cent annual equivalent rate (AER).

A one-year bond is also available, due to mature on 2 September 2019, paying 1.6 per cent AER.

The latest additions join Skipton's existing offshore savings products, with its international savings 200 account offering 1.5 per cent AER and the international savings 80 account at 1.25 per cent AER. 

Jim Coupe, managing director of Skipton International, said the fixed rate bonds were a sign of Skipton’s commitment to competing on offshore savings accounts.

He said: "We are proud that our offshore savings products remain some of the most competitive on the market and these new bonds demonstrate our commitment to continually offer our customers a range of options."

Based in Guernsey, Skipton International is a subsidiary of Skipton Building Society - the lender that earlier this month reported a 56 per cent growth in profits

rachel.addison@ft.com