Skipton launches new fixed bonds online

Skipton Building Society has launched new issues of its Pick ‘N' Fix bond online, paying a rate of 6.75% gross pa, and a monthly income option at 6.50% gross pa.

Key Features - Online Pick ‘N' Fix range of fixed rate bonds

Three bonds to choose from:
1 Year Fixed Rate Bond - fixed interest rate of 6.75% gross pa until 31 August 2009

2 Year Fixed Rate Bond - fixed interest rate of 6.75% gross pa until 31 August 2010

3 Year Fixed Rate Bond - fixed interest rate of 6.75% gross pa until 31 August 2011

Monthly income option:
1 Year Fixed Rate Bond - fixed interest rate of 6.50% until 31 August 2009

2 Year Fixed Rate Bond - fixed interest rate of 6.50% until 31 August 2010

3 Year Fixed Rate Bond - fixed interest rate of 6.50% until 31 August 2011

Minimum investment £500, maximum £50,000 (£100,000 if joint account) - cheque or transfer only
Customers can open more than 1 bond, however, the total investment cannot exceed the maximum limit
Additional investments allowed until bond becomes a closed issue - cheque or transfer only
Apply online at skiption.co.uk

Steve Aldous, general manager at Skipton, said: "Our Pick'n'Fix bonds have always been popular through branches. The added flexibility of online access means that you don't even need to be near a Skipton branch to benefit from our great rates."