Skipton launches new fixed bonds online

Skipton Building Society has launched new issues of its Pick ‘N' Fix bond online, paying a rate of 6.50% gross pa, and a monthly income option at 6.25% gross pa.

These rates replaces any previously available, existing customers are not affected.

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 6.50% gross pa until 31 August 2009
2 Year Fixed Rate Bond - fixed interest rate of 6.50% gross pa until 31 August 2010
3 Year Fixed Rate Bond - fixed interest rate of 6.50% gross pa until 31 August 2011

Monthly income option:
1 Year Fixed Rate Bond - fixed interest rate of 6.25% until 31 August 2009
2 Year Fixed Rate Bond - fixed interest rate of 6.25% until 31 August 2010
3 Year Fixed Rate Bond - fixed interest rate of 6.25% until 31 August 2011

Minimum investment £500, maximum £250,000 (£500,000 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

For more information visit skipton.co.uk