Skipton increases online savings rates

In a market of falling savings rates, Skipton Building Society is swimming against the tide as it increases returns on its range of online accounts.

From Sunday 1 March savers with the Society's Online Access Account and Online ISA will benefit from a rise of 0.25%, giving the accounts a rate of 2.75% and 2.25% respectively.

General manager at Skipton Tim Fletcher said "We thought it was about time savers had some good news and to give the easiest access to these new rates, we've focused on our online accounts."

For more information, savers should visit: skipton.co.uk/savings_and_investments/e-savings.