Skipton launches limited edition savings bond
Skipton Building Society is expanding its range of products to include a new limited edition 18 month bond and improvements to the incentives offered with its Leap Account.
The new 18 month bond, which pays up to 3.00% AER on balances over £50k, will only be available for a limited time period and customers are urged to take advantage whilst they can. The Leap Account, aimed at younger customers, has been improved to offer Children's book titles when a pre-determined savings balance has been achieved, as well as a competitive interest rate of 1.80% AER.
Limited edition 18 month bond
The limited edition bond is the latest new product to underline Skipton's commitment to offering consistent long term value to its members.
The Limited Edition Bond rates are:
£500-£25k - 2.40% AER
£25k -50k - 2.75% AER
£50k plus - 3.00% AER
Head of Products Kris Brewster said: "With a strictly limited tranche, customers interested in this offer should ensure they are in a position to take advantage as quickly as possible.
"This is another example of how we are supporting savers through dependable, transparent and competitive savings products with no gimmicks like bonuses which quickly disappear.
Leap Account incentives
At the Skipton, we think it's important that children understand the importance of saving from a young age. This is reflected in the new incentives being offered from this week. Every time a customer saves £20 in their Leap Account, they will go into a branch to receive a sticker. Once they have completed their collector card and saved £400 in their Leap Account, they can choose a popular Penguin book with our compliments. There are four Penguin books that Leap Account holders can choose from:
Igglepiggle lost - an enchanting story for children up to age 6
Fantastic Mr Fox - the perfect book for children aged up to 7+.
Stig of the Dump - an exciting book for children aged up to 12.
The Secret Diary of Adrian Mole - a brilliant book for those aged 12 and over.
This selection of books has been chosen to appeal to a wide range of children's ages. And, of course, the leap product continues to offer one of the most competitive children's account rates on the market.