The interest rate on their One Year Fixed Rate ISA has increased to 1.50% while the rate on One Year Fixed Rate Bonds has increased to 1.50% (1.60% for online applications).
Rates on 3 Year Fixed Rate ISA have increased to 2.20%.
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.”
