Skipton savings 24/7

A new internet savings account from Skipton Building Society gives savers access to the mutual’s great interest rates at any time, day or night.

The Online Access account includes a 0.50% bonus for the first six months, giving an initial rate of 6.10%. Savers will also benefit from any future rate increases, as the account is guaranteed to track the Bank of England’s base rate until the end of 2008.

John Goodfellow, chief executive, said, “We’re proud of the strength of Skipton’s branch network and the face-to-face service we give but, in today’s 24/7 society, savers need access to their money in ways that suit their lifestyles. Our Online Access account builds on our branch, postal and telephone services and at 6.10% for the first six months, offers the same great rate as one of our most popular accounts – Branch Access.”

Key Features – Online Access

Interest rate of 5.60%, guaranteed to track the Bank of England’s base rate until 31 December 2008, plus bonus interest rate of 0.50% payable for 6 months from opening
Minimum investment £500
Maximum investment £100,000
Investments allowed by internal transfer, automated bank transfers and, at a branch, cash or cheque
Minimum withdrawal £1
Withdrawals by internal transfer or a nominated bank or building society account, by internet instruction only
Customers should visit skipton.co.uk for more information