Skipton puts a spring in savers’ step

Savers wanting to store up money for a nest egg can benefit from Skipton Building Society’s new limited edition Spring Bond, with an interest rate of 6.50%.

The 18-month bond is available from today but will disappear as soon as maximum funds have been received.

Steve Aldous, general manager, said, “At Skipton, we want to encourage savers to make the most of their money by offering top rates and our Spring Bond, at a dazzling rate of 6.50%, will certainly guarantee that investors’ funds blossom.”

Key features – Spring Bond

Limited availability from 4 April 2008 until time when maximum funds have been received
Savers will only get a bond once cheque and fully completed application form have been received, along with relevant ID if necessary
Fixed interest rate of 6.50% gross pa until 15 October 2009 (18 months)
Monthly income option available at 6.25% gross pa until 15 October 2009
Minimum investment £500, maximum £50,000 – cheque or transfer only
Maximum one of each bond per customer
Additional investments allowed until the bond becomes a closed issue, by cheque or transfer only

For more information, visit skipton.co.uk.