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Skipton increases rate on Limited Edition eSaver account

30th July 2015 Print

Skipton Building Society has increased the interest rate on its Limited Edition eSaver account.

The rate offered on the Society’s very competitive Limited Edition eSaver Issue 2 is rising from 1.25% to 1.40% and offers customers the chance to benefit from a competitive return with easy access to savings and no limits to the number of withdrawals. Customers can save from £1 up to a maximum of £50,000.

Kris Brewster, Head of Products at Skipton, said: "The Limited Edition eSaver was launched for customers who want to have immediate access to their savings and we are now offering a very competitive rate of 1.40%.”

Full details of Skipton's new Limited Edition eSaver account are:

Invest up to £50,000 - minimum balance of £1 by debit card or internal transfer from another Skipton Building Society account;

Limited to 1 account per customer; joint accounts are not allowed;

Annual interest only – no monthly interest option available;

Additional investments allowed upwards of £1 by debit card or transfer; debit card, or an internal transfer from another Skipton Building Society account or electronic payment from another UK bank or building society (online only).

Subsequent payments can be made the same way and by electronic payment to branch accounts.

This product can only be opened online.

Immediate access by online transfer.

You must be 16 or over to open this account online.

Anyone wishing to find out more about Skipton's Limited Edition eSaver account can visit the Society's savings pages on skipton.co.uk.

For more information, visit skipton.co.uk.